Average Commercial Leasing Manager Salary in Mexico for 2024

In this article, we will look at the average Commercial Leasing Manager salary for 2024 in Mexico 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 Mexican peso. To keep things simple, we are using the MXN currency code instead of the currency symbol $.

How Much Does a Commercial Leasing Manager Make in Mexico?

A Commercial Leasing Manager working in Mexico will typically earn around 659,400 MXN per year, and this can range from the lowest average salary of about 348,300 MXN to the highest average salary of 998,400 MXN.

Average Annual Salary
659,400 MXN
Average Monthly Salary
54,950 MXN

Lowest Annual Salary
348,300 MXN
Lowest Monthly Salary
29,025 MXN

Highest Annual Salary
998,400 MXN
Highest Monthly Salary
83,200 MXN

These are average salaries for a Commercial Leasing Manager in Mexico and include benefits such as housing and transport. It's also possible for a Commercial Leasing Manager to earn more or less than the average salaries shown above.

Commercial Leasing 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 Commercial Leasing Manager Salaries in Mexico

So we've looked at the average salaries a Commercial Leasing Manager will earn in Mexico. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Commercial Leasing Manager can earn between 348,300 MXN and 998,400 MXN on average in Mexico. 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 a Commercial Leasing Manager in Mexico is 618,800 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 618,800 MXN, and 50% of the population earn more than 618,800 MXN.

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 Commercial Leasing Manager salary in Mexico, 25% of the population are earning less than 433,800 MXN while 75% of the population earn more than 433,800 MXN.

75% of the population earn less than 759,300 MXN, and 25% of the population earn more than 759,300 MXN.

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.

Commercial Leasing Manager Salary by Experience Level in Mexico

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 commercial leasing 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. A Commercial Leasing Manager in Mexico that has less than two years of experience can expect to earn somewhere in the region of 399,900 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Commercial Leasing Manager salary would increase to 492,400 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Commercial Leasing Manager, the average salary would be 696,700 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 814,500 MXN.
  • 15 - 20 Years Experience. A Commercial Leasing Manager with 15 to 20 years of experience can earn an average of 893,500 MXN.
  • 20+ Years Experience. For a Commercial Leasing Manager with more than 20 years, the expected average salary increases to 948,900 MXN.

Average Salary by Experience Chart

0-2 Years
399,900 MXN
2-5 Years +23%
492,400 MXN
5-10 Years +42%
696,700 MXN
10-15 Years +17%
814,500 MXN
15-20 Years +10%
893,500 MXN
20+ Years +6%
948,900 MXN

Commercial Leasing Manager Salary by Education Level in Mexico

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 a Commercial Leasing Manager in Mexico based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Commercial Leasing Manager in Mexico with a high school education can earn an average salary of 485,200 MXN.

  • Certificate or Diploma. A Commercial Leasing Manager in Mexico with a certificate or diploma education can earn an average salary of 551,200 MXN.

  • Bachelor's Degree. A Commercial Leasing Manager in Mexico with a bachelor's degree education can earn an average salary of 721,600 MXN.

  • Master's Degree. A Commercial Leasing Manager in Mexico with a master's degree education can earn an average salary of 948,900 MXN.

Average Salary by Education Chart

High School
485,200 MXN
Certificate or Diploma +13%
551,200 MXN
Bachelor's Degree +31%
721,600 MXN
Master's Degree +32%
948,900 MXN

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 Mexico is around 166,000 to 498,000 MXN 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.

Commercial Leasing 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 Mexico, a male commercial leasing manager will earn an average of 688,900 MXN, while a female commercial leasing manager will earn around 610,100 MXN.

This means that a male commercial leasing manager earns approximately 13% more than a female commercial leasing manager for performing the same job.

Average Salary by Gender Chart in Mexico

Male
688,900 MXN
Female -13%
610,100 MXN

Commercial Leasing Manager Average Pay Raise in Mexico

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 a Commercial Leasing Manager in Mexico is around 12% every 19 months.

The national average pay raise across all professions and industries in Mexico is around 8% every 18 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 = ( 12 ÷ 19 ) × 12  = 8%

What this means is that a Commercial Leasing Manager in Mexico can expect to receive an average pay raise of around 8% every 12 months.

Annual Pay Raise by Industry in Mexico for 2024

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

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%

Commercial Leasing Manager Bonus and Incentive Rates in Mexico

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.

A Commercial Leasing Manager is a high bonus based job, with 78% of employees reporting at least one bonus in the last 12 months.

22% 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 6% to 8%.

Received Bonus
78%
No Bonus
22%

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 Mexico earn approximately 8% more than private sector employees in the same role.

Public Sector
415,900 MXN
Private Sector -8%
384,200 MXN

Salaries for Jobs Similar to a Commercial Leasing Manager

In the table below, we have salary information for jobs that are similar to a Commercial Leasing Manager in Mexico.

Job Title Category Salary
Acquisition Associate Real Estate 317,700 MXN
Assistant Leasing Manager Real Estate 430,000 MXN
Assistant Property Manager Real Estate 425,100 MXN
Brokerage Real Estate 340,000 MXN
Brokerage Clerk Real Estate 172,200 MXN
Commercial Real Estate Manager Real Estate 724,300 MXN
Community Development Manager Real Estate 659,400 MXN
Compliance Specialist Real Estate 318,800 MXN
Development Coordinator Real Estate 332,500 MXN
Director of Real Estate Real Estate 762,400 MXN
Lease Administrator Real Estate 420,100 MXN
Leasing Agent Real Estate 361,500 MXN
Leasing Consultant Real Estate 389,200 MXN
Leasing Manager Real Estate 471,700 MXN
Lettings Assistant Real Estate 172,200 MXN
Portfolio Analyst Real Estate 544,800 MXN
Portfolio Manager Real Estate 772,900 MXN
Property Acquisition Agent Real Estate 294,700 MXN
Property and Claims Specialist Real Estate 415,900 MXN
Property Manager Real Estate 478,100 MXN
Property Operations Manager Real Estate 710,500 MXN
Property Tax Assistant Real Estate 317,700 MXN
Real Estate Administrator Real Estate 372,600 MXN
Real Estate Agent Real Estate 365,400 MXN
Real Estate Analyst Real Estate 430,500 MXN
Real Estate Appraiser Real Estate 341,900 MXN
Real Estate Appraiser Real Estate 354,000 MXN
Real Estate Appraiser Real Estate 361,600 MXN
Real Estate Assistant Real Estate 327,800 MXN
Real Estate Association Manager Real Estate 472,000 MXN
Real Estate Broker Real Estate 322,600 MXN
Real Estate General Manager Real Estate 663,100 MXN
Real Estate Project Director Real Estate 642,800 MXN
Real Estate Project Manager Real Estate 607,400 MXN
Real Estate Sales Agent Real Estate 340,000 MXN
Real Estate Valuer Real Estate 367,200 MXN
Research Analyst Real Estate 325,900 MXN
Residential Advisor Real Estate 394,500 MXN
Residential Property Manager Real Estate 459,700 MXN
Shopping Center Manager Real Estate 745,000 MXN
Town Planner Real Estate 694,700 MXN

Salary Comparison by City

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

City Average Salary
Acapulco 824,800 MXN
Acuna 632,400 MXN
Aguascalientes 864,700 MXN
Boca del Rio 566,900 MXN
Buenavista 658,300 MXN
Campeche 679,200 MXN
Cancun 790,300 MXN
Celaya 768,900 MXN
Chalco 590,200 MXN
Chetumal 589,400 MXN
Chicoloapan 626,800 MXN
Chihuahua 862,200 MXN
Chilpancingo 610,100 MXN
Chimalhuacan 816,900 MXN
Cholula de Rivadabia 598,600 MXN
Ciudad Apodaca 737,000 MXN
Ciudad del Carmen 610,100 MXN
Ciudad Juarez 615,300 MXN
Ciudad Lopez Mateos 807,900 MXN
Ciudad Obregon 689,900 MXN
Ciudad Santa Catarina 692,500 MXN
Ciudad Valles 576,500 MXN
Ciudad Victoria 722,100 MXN
Coacalco 684,900 MXN
Coatzacoalcos 632,400 MXN
Colima 581,300 MXN
Cordoba 592,600 MXN
Cuautitlan Izcalli 817,800 MXN
Cuautla 603,400 MXN
Cuernavaca 699,700 MXN
Culiacan 843,600 MXN
Delicias 525,700 MXN
Durango 805,900 MXN
Ecatepec de Morelos 854,300 MXN
Ensenada 737,000 MXN
Fresnillo 531,700 MXN
General Escobedo 727,400 MXN
Gomez Palacio 707,600 MXN
Guadalajara 885,000 MXN
Guadalupe 818,100 MXN
Guaymas 553,800 MXN
Hermosillo 851,200 MXN
Hidalgo del Parral 518,300 MXN
Iguala 525,700 MXN
Irapuato 733,300 MXN
Ixtapaluca 737,000 MXN
Jiutepec 596,800 MXN
La Paz 653,200 MXN
Leon 899,100 MXN
Los Mochis 721,600 MXN
Los Reyes la Paz 684,900 MXN
Manzanillo 572,200 MXN
Matamoros 772,900 MXN
Mazatlan 736,700 MXN
Merida 802,400 MXN
Metepec 653,200 MXN
Mexicali 807,900 MXN
Mexico City 904,700 MXN
Minatitlan 537,300 MXN
Monclova 632,400 MXN
Monterrey 852,600 MXN
Morelia 840,800 MXN
Naucalpan 816,900 MXN
Navojoa 524,400 MXN
Nezahualcoyotl 836,800 MXN
Nogales 670,600 MXN
Nuevo Laredo 767,500 MXN
Oaxaca 702,800 MXN
Ojo de Agua 638,700 MXN
Orizaba 531,700 MXN
Pachuca 680,100 MXN
Piedras Negras 589,400 MXN
Playa del Carmen 595,300 MXN
Poza Rica 605,700 MXN
Puebla 839,500 MXN
Puerto Vallarta 663,200 MXN
Queretaro 839,500 MXN
Reynosa 758,700 MXN
Salamanca 608,500 MXN
Saltillo 802,400 MXN
San Cristobal de las Casas 595,300 MXN
San Juan del Rio 592,600 MXN
San Luis Potosi 862,200 MXN
San Luis Rio Colorado 566,900 MXN
San Nicolas de los Garza 756,700 MXN
San Pablo de las Salinas 652,200 MXN
San Pedro Garza Garcia 539,800 MXN
Soledad de Graciano Sanchez 663,200 MXN
Tampico 707,700 MXN
Tapachula 633,300 MXN
Tehuacan 679,200 MXN
Tepic 752,600 MXN
Tijuana 869,400 MXN
Tlalnepantla de Baz 802,400 MXN
Tlaquepaque 814,500 MXN
Toluca 757,300 MXN
Tonala 783,800 MXN
Torreon 785,400 MXN
Tuxtla Gutierrez 786,600 MXN
Uruapan 660,500 MXN
Veracruz 733,300 MXN
Villa Nicolas Romero 683,400 MXN
Villahermosa 751,700 MXN
Xalapa 756,700 MXN
Xico 735,200 MXN
Zacatecas 528,500 MXN
Zamora de Hidalgo 581,300 MXN
Zapopan 879,800 MXN

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