Property manager salary in New York

Property manager earnings by seniority

Approximate values based on highest and lowest earning segments.

Property manager salary by state

How much does a Property Manager earn?

The type of agency or company that a property manager works for can have a significant impact on the property manager's salary. Those employed by insurance carriers reported the highest property manager salaries at $120,300/yr. Property managers employed by real estate brokers or landlords reported average property manager salaries ranging from about $60,000 to $65,000/yr. Those employed by business or professional organizations earned an average of $55,010/yr, and those working for local governments averaged $65,640/yr.

Property managers that manage apartment buildings are usually given a base salary and a yearly bonus (bonuses are paid if they meet quotas on the number of units they rent). Apartment managers will likely earn higher salaries in larger apartment complexes because they generate more revenue to support the higher salaries. Apartment property manager's salaries are higher in California, Illinois, or Washington, D.C., because housing and living costs are higher in those areas.

While some property managers possess only a high school diploma or an associate's degree, pursuing a bachelor's degree in a related field or a master's in business administration should boost a property manager's salary.

How do property manager salaries compare to similar careers?

Property managers earn about the same as related careers in New York. On average, they make less than purchasing managers but more than IT managers.

Source: CareerExplorer (Aggregated)