Assistant Property Manager Salary

By LeadLake Team   /   Job Category   /   2024
Back to Assistant Property Manager Job Description

Determining Salary Factor

The salaries in a job market can vary depending on factors such as career level, education, and relevant experience. Additionally, a person's years of experience and skill set can also impact their salary.

Which State Pays the Highest Property Manager Salary?

According to the 2016 Bureau of Labor Statistics salary data, Texas pays the highest property manager salary among all states, with an average annual salary of $96,008. Unlike popular assumptions that California or New York would top the list, the rankings were adjusted to account for the cost of living.

As a result, property managers in Texas are well compensated for their work.

These findings highlight the importance of considering the cost of living when comparing salaries across different states.

How much does a assistant property manager make?

The provided charts present data on the average base salary and total cash compensation for the position of Assistant Property Manager in the United States. The base salary for this role ranges, with an average of $49,741.

Salary Growth

The pay range for an Assistant Property Manager can vary significantly, sometimes by as much as $6.49. This variability indicates the existence of ample opportunities for career progression and potential salary growth, contingent upon factors such as skill level, geographical location, and years of experience.

Salary Progression

The salary range for an assistant property manager can vary depending on the industry and years of experience. According to data from IREM, assistant property manager salaries can range from $35,000 to $70,000, with the highest salaries found in the retail industry, followed by office properties, and the lowest salaries in residential properties.

According to PayScale, the salary range for an assistant property manager is $30,766 to $59,500, with the average salary varying between $36,000 and $45,000 depending on years of experience.

The average hourly salary for an assistant property manager in the United States is $19.42.

What is the average salary of an apartment complex manager?

The average salary for an Apartment Manager is $39,290, according to research conducted by PayScale. This figure can vary depending on factors such as the city, level of experience, skillset, and employer.

Keep in mind that these figures are averages and individual salaries can differ based on various factors.

What is the salary range of a property manager?

The charts display the median base salary and overall cash compensation for the position of Property Manager in the United States. The base salary for Property Managers varies from $90,632 to $120,101, with an average base salary of $104,399 as of March 2022.

These figures are sourced from Glassdoor's salary data and provide insights into the typical compensation range for Property Managers in the country.

For further details and analysis, refer to the Salary.com research on benchmark salaries for Property Managers.

How much do apartment managers make?

Apartment managers can earn between $47,000 to $100,000 per year when factoring in their base salary and annual bonus. However, it is important to note that these figures represent the extremes of the salary range and are not necessarily indicative of the average earnings in this field.

The compensation of apartment managers can vary depending on factors such as location, level of experience, and the size and type of the apartment complex they manage. Thus, it is more accurate to consider a broader range of salary data when discussing the earnings of apartment managers.

How much does an assistant property manager make?

The average pay range for an Assistant Property Manager can vary significantly, reaching up to $12,994. This suggests that there are ample opportunities for career growth and higher compensation based on factors like skill level, geographical location, and years of experience.

Entry-level vs Experienced

Although the job duties of an assistant property manager are comparable to those of a full property manager, it is common for the salary of an assistant property manager to be lower. This discrepancy in salary could be attributed to the difference in level of experience. However, an assistant property manager who gains ample experience has the potential to advance to a higher management position, thereby increasing their salary.

How much does a property manager make in 2023?

The average salary for a Property Manager in 2023 is $53,844, according to PayScale. PayScale also offers software and comp platforms like MarketPay and Payfactors for streamlined compensation management.

Certification

Here is a compilation of the top certifications for property management assistants. Acquiring a certification as a property management assistant can provide a competitive advantage in job applications and potentially lead to higher earning potential.

What is a Certified Property Manager specialist (CPS)?

A Certified Property Manager Specialist (CPS) is an individual who has obtained a Certified Residential Manager (CRM) certification and has furthered their education to achieve additional certification. The certification process includes completing 40 hours of continuing education, specifically in the area of property management, in order to earn the state-specific CPR certification.

If you are looking to advance your career in property management, there are 11 different certifications available that can help you achieve your goals. These certifications provide valuable knowledge and skills that can enhance your professional development in the field of property management.

How much do assistant property managers make?

The compensation for assistant property managers can vary, with options for both annual salary and hourly pay. Factors such as region and certifications held can impact the exact wage. To access the most current salary information, please click on the salary link provided by Indeed.

What is the average salary of a property manager?

Becoming a successful property manager is a challenging endeavor, but it offers significant financial rewards. According to salary.com, the median salary for property managers in 2017 was $91,464. The salary range typically fell between $79,396 and $105,238.

How much do Home Depot assistant managers make?

The salary of a Home Depot assistant store manager is $62,397 per year.

According to Glassdoor, the average hourly wage for a Home Depot cashier is $11.

Target recently increased its starting wage for its store, distribution, and headquarters employees to $15 an hour.

How much salary does a real estate assistant make?

The current average annual salary for a Real Estate Assistant in the United States, as of April 7, 2022, is $35,941. This translates to an hourly rate of approximately $17.28. On a weekly basis, the salary comes to around $691, or $2,995 per month.

How much money does a Best Buy assistant manager make?

The salary of an Assistant Manager at Best Buy is typically around $63,877 per year. However, it can range from $28,890 to $92,817 per year based on employee reports and statistical methods.