Average Assistant Property Manager Salary in United States for 2024

In this article, we will look at the average Assistant Property Manager salary for 2024 in United States and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does an Assistant Property Manager Make in United States?

An Assistant Property Manager working in United States will typically earn around 100,700 USD per year, and this can range from the lowest average salary of about 49,000 USD to the highest average salary of 160,700 USD.

Average Annual Salary
100,700 USD
Average Monthly Salary
8,391 USD

Lowest Annual Salary
49,000 USD
Lowest Monthly Salary
4,083 USD

Highest Annual Salary
160,700 USD
Highest Monthly Salary
13,391 USD

These are average salaries for an Assistant Property Manager in United States and include benefits such as housing and transport. It's also possible for an Assistant Property Manager to earn more or less than the average salaries shown above.

Assistant Property Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Assistant Property Manager Salaries in United States

So we've looked at the average salaries an Assistant Property Manager will earn in United States. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that an Assistant Property Manager can earn between 49,000 USD and 160,700 USD on average in United States. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for an Assistant Property Manager in United States is 107,700 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 107,700 USD, and 50% of the population earn more than 107,700 USD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Assistant Property Manager salary in United States, 25% of the population are earning less than 71,200 USD while 75% of the population earn more than 71,200 USD.

75% of the population earn less than 140,200 USD, and 25% of the population earn more than 140,200 USD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Assistant Property Manager Salary by Experience Level in United States

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average assistant property manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. An Assistant Property Manager in United States that has less than two years of experience can expect to earn somewhere in the region of 56,100 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Assistant Property Manager salary would increase to 75,400 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as an Assistant Property Manager, the average salary would be 109,000 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 130,500 USD.
  • 15 - 20 Years Experience. An Assistant Property Manager with 15 to 20 years of experience can earn an average of 140,700 USD.
  • 20+ Years Experience. For an Assistant Property Manager with more than 20 years, the expected average salary increases to 151,800 USD.

Average Salary by Experience Chart

0-2 Years
56,100 USD
2-5 Years +38%
75,400 USD
5-10 Years +42%
109,000 USD
10-15 Years +22%
130,500 USD
15-20 Years +6%
140,700 USD
20+ Years +9%
151,800 USD

Assistant Property Manager Salary by Education Level in United States

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for an Assistant Property Manager in United States based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. An Assistant Property Manager in United States with a high school education can earn an average salary of 65,100 USD.

  • Certificate or Diploma. An Assistant Property Manager in United States with a certificate or diploma education can earn an average salary of 98,900 USD.

  • Bachelor's Degree. An Assistant Property Manager in United States with a bachelor's degree education can earn an average salary of 150,100 USD.

Average Salary by Education Chart

High School
65,100 USD
Certificate or Diploma +51%
98,900 USD
Bachelor's Degree +50%
150,100 USD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in United States is around 39,500 to 118,000 USD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Assistant Property Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In United States, a male assistant property manager will earn an average of 105,200 USD, while a female assistant property manager will earn around 97,600 USD.

This means that a male assistant property manager earns approximately 8% more than a female assistant property manager for performing the same job.

Average Salary by Gender Chart in United States

Male
105,200 USD
Female -8%
97,600 USD

Assistant Property Manager Average Pay Raise in United States

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for an Assistant Property Manager in United States is around 11% every 17 months.

The national average pay raise across all professions and industries in United States is around 8% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 11 ÷ 17 ) × 12  = 8%

What this means is that an Assistant Property Manager in United States can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in United States for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in United States.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Assistant Property Manager Bonus and Incentive Rates in United States

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

An Assistant Property Manager is a high bonus based job, with 84% of employees reporting at least one bonus in the last 12 months.

16% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
84%
No Bonus
16%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in United States earn approximately 6% more than private sector employees in the same role.

Public Sector
98,800 USD
Private Sector -6%
93,100 USD

Salaries for Jobs Similar to an Assistant Property Manager

In the table below, we have salary information for jobs that are similar to an Assistant Property Manager in United States.

Job Title Category Salary
Acquisition Associate Real Estate 76,900 USD
Assistant Leasing Manager Real Estate 107,700 USD
Brokerage Real Estate 79,600 USD
Brokerage Clerk Real Estate 41,300 USD
Commercial Leasing Manager Real Estate 167,100 USD
Commercial Real Estate Manager Real Estate 163,800 USD
Community Development Manager Real Estate 150,100 USD
Compliance Specialist Real Estate 80,200 USD
Development Coordinator Real Estate 80,300 USD
Director of Real Estate Real Estate 177,100 USD
Lease Administrator Real Estate 105,800 USD
Leasing Agent Real Estate 84,600 USD
Leasing Consultant Real Estate 93,600 USD
Leasing Manager Real Estate 114,600 USD
Lettings Assistant Real Estate 41,700 USD
Portfolio Analyst Real Estate 137,100 USD
Portfolio Manager Real Estate 192,600 USD
Property Acquisition Agent Real Estate 74,100 USD
Property and Claims Specialist Real Estate 102,700 USD
Property Manager Real Estate 118,900 USD
Property Operations Manager Real Estate 165,900 USD
Property Tax Assistant Real Estate 78,900 USD
Real Estate Administrator Real Estate 91,700 USD
Real Estate Agent Real Estate 87,000 USD
Real Estate Analyst Real Estate 105,200 USD
Real Estate Appraiser Real Estate 83,700 USD
Real Estate Appraiser Real Estate 84,500 USD
Real Estate Appraiser Real Estate 87,300 USD
Real Estate Assistant Real Estate 78,200 USD
Real Estate Association Manager Real Estate 108,200 USD
Real Estate Broker Real Estate 74,700 USD
Real Estate General Manager Real Estate 164,100 USD
Real Estate Project Director Real Estate 160,600 USD
Real Estate Project Manager Real Estate 138,700 USD
Real Estate Sales Agent Real Estate 84,300 USD
Real Estate Valuer Real Estate 83,300 USD
Research Analyst Real Estate 74,300 USD
Residential Advisor Real Estate 92,900 USD
Residential Property Manager Real Estate 115,600 USD
Shopping Center Manager Real Estate 172,200 USD
Town Planner Real Estate 161,300 USD

Salary Comparison by City

If you want to compare salaries with different cities in United States, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Atlanta 105,200 USD
Austin 115,600 USD
Baltimore 105,200 USD
Boston 107,300 USD
Bristol 85,500 USD
Chicago 119,700 USD
Cincinnati 84,800 USD
Cleveland 98,800 USD
Dallas 114,300 USD
Denver 114,300 USD
Detroit 107,300 USD
Honolulu 88,300 USD
Houston 127,600 USD
Indianapolis 108,200 USD
Iowa City 86,100 USD
Jacksonville 118,900 USD
Kansas City 97,600 USD
Kent 87,400 USD
Las Vegas 100,700 USD
Long Beach 102,700 USD
Los Angeles 127,600 USD
Memphis 100,700 USD
Miami 93,300 USD
Minneapolis 97,200 USD
New Orleans 88,700 USD
New York 130,400 USD
Oakland 94,800 USD
Oklahoma City 109,000 USD
Orlando 91,200 USD
Philadelphia 128,200 USD
Phoenix 128,200 USD
Sacramento 105,800 USD
San Antonio 114,300 USD
San Diego 125,400 USD
San Francisco 112,700 USD
San Jose 112,700 USD
Seattle 111,700 USD
Tampa 89,400 USD
Vancouver 83,300 USD
Washington D.C. 111,700 USD

Salary Comparison by State

The table below includes links to the average salary for each state in United States.

City Average Salary
Alabama 105,200 USD
Alaska 94,300 USD
Arizona 114,600 USD
Arkansas 107,700 USD
California 125,400 USD
Colorado 105,200 USD
Connecticut 102,700 USD
Delaware 99,400 USD
District of Columbia 97,100 USD
Florida 125,400 USD
Georgia 112,700 USD
Hawaii 99,600 USD
Idaho 99,700 USD
Illinois 121,800 USD
Indiana 107,300 USD
Iowa 100,700 USD
Kansas 102,700 USD
Kentucky 109,000 USD
Louisiana 108,200 USD
Maine 95,000 USD
Maryland 109,000 USD
Massachusetts 111,700 USD
Michigan 115,600 USD
Minnesota 114,600 USD
Mississippi 97,300 USD
Missouri 109,000 USD
Montana 97,100 USD
Nebraska 102,700 USD
Nevada 107,700 USD
New Hampshire 96,000 USD
New Jersey 114,600 USD
New Mexico 103,600 USD
New York 123,000 USD
North Carolina 109,700 USD
North Dakota 93,100 USD
Ohio 116,400 USD
Oklahoma 107,700 USD
Oregon 109,700 USD
Pennsylvania 112,700 USD
Rhode Island 95,300 USD
South Carolina 107,700 USD
South Dakota 98,000 USD
Tennessee 114,300 USD
Texas 116,400 USD
Utah 100,500 USD
Vermont 94,900 USD
Virginia 115,600 USD
Washington 117,100 USD
West Virginia 97,400 USD
Wisconsin 109,000 USD
Wyoming 94,800 USD

Link To or Reference This Page

We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!

  • "Average Assistant Property Manager Salary in United States for 2024". World Salaries. Accessed on March 29, 2024. https://worldsalaries.com/average-assistant-property-manager-salary-in-united-states/.

  • "Average Assistant Property Manager Salary in United States for 2024". World Salaries, https://worldsalaries.com/average-assistant-property-manager-salary-in-united-states/. Accessed 29 March, 2024

  • Average Assistant Property Manager Salary in United States for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-assistant-property-manager-salary-in-united-states/.