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Average Commercial Real Estate Manager Salary in United States for 2026

A commercial real estate manager in United States earns about 163,800 USD a year. That's 73% above the national average of 94,500 USD.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United States sit around 81,300 USD a year, while the very top stretches to 258,700 USD. Everything on this page is in United States dollar (USD, symbol $), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United States, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United States into a take-home figure, use our United States salary after tax calculator, which works the latest tax brackets and contributions through the math for you.


How much does a commercial real estate manager make in United States?

Average salary
163,800 USD
13,650 USD per month
Lowest reported
81,300 USD
6,775 USD per month
Highest reported
258,700 USD
21,558 USD per month

A typical commercial real estate manager working in United States brings home around 13,650 USD a month before tax. Entry-level pay starts near 81,300 USD, and the top of the ladder reaches roughly 258,700 USD for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior commercial real estate manager working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the commercial real estate manager salary in Palau or British Indian Ocean Territory, both of which pay in the same currency.


How commercial real estate manager pay ranges in United States

A good way to think about salary in United States is to look at the distribution rather than the headline average. Half of all commercial real estate managers in United States earn less than 167,100 USD a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 112,700 USD (the 25th percentile), and a quarter clear 218,500 USD (the 75th percentile). The middle 50% of commercial real estate managers sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 81,300 USD. The highest stretch to 258,700 USD, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

81,300
Low
167,100
Median
258,700
High
112,700
25th
218,500
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in USD

Commercial real estate manager pay by experience in United States

Years of experience is the single biggest lever on pay for a commercial real estate manager in United States, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical commercial real estate manager salary changes as you move through the career ladder.

  • 0-2 Years
    97,200 USD
  • 2-5 Years
    +28% from previous
    124,500 USD
  • 5-10 Years
    +36% from previous
    169,700 USD
  • 10-15 Years
    +24% from previous
    210,400 USD
  • 15-20 Years
    +7% from previous
    225,500 USD
  • 20+ Years
    +7% from previous
    241,200 USD

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 36%. That is the point at which a commercial real estate manager typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.


Commercial real estate manager pay by education in United States

Education sits alongside experience as one of the biggest factors driving commercial real estate manager pay in United States. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average commercial real estate manager salary in United States broken down by the highest level of education a worker has completed.

  • High School
    119,700 USD
  • Certificate or Diploma
    +16% from previous
    138,700 USD
  • Bachelor's Degree
    +33% from previous
    184,700 USD
  • Master's Degree
    +26% from previous
    232,500 USD

Commercial real estate manager gender pay gap in United States

The gender pay gap is a stubborn feature of almost every labour market, and United States is no exception. Male commercial real estate managers in United States earn an average of 168,700 USD a year, while female commercial real estate managers earn around 160,600 USD. That works out to a 5% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Commercial Real Estate Manager gender pay gap

5%

Men earn this much more than women on average in United States.

Men 168,700 USD
Women 160,600 USD

Pay raises for a commercial real estate manager in United States

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United States sees a raise of about 12% every 18 months, which works out to roughly 8% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United States, the national average raise is around 8% every 16 months.

By industry

Industries with the highest pay raises in United States:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
    2%
  • Construction
  • Education
    1%

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Commercial real estate manager bonus rates in United States

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

84%

84% of commercial real estate managers in United States reported a bonus of some kind in the past twelve months. That makes a commercial real estate manager a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 5% to 9% of base salary. The remaining 16% of commercial real estate managers reported no bonus at all over the same period.

Which careers pay bonuses in United States

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Commercial real estate manager: public vs private sector pay

Public-sector pay in United States is about 6% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United States on average.

Public sector 98,800 USD
Private sector 93,100 USD

Commercial real estate manager salary by city and region in United States

Commercial real estate manager pay is not even across United States. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • New York (city)
  • Los Angeles
  • San Antonio
  • Chicago
  • California
  • Phoenix
  • Houston
  • Ohio
  • Philadelphia
  • Austin
LocationTypeAverageMedianRange
New York (city)City211,200 USD205,700 USD111,700-325,300 USD
Los AngelesCity209,700 USD199,700 USD109,700-319,600 USD
San AntonioCity206,100 USD197,600 USD107,700-313,800 USD
ChicagoCity205,700 USD218,100 USD95,300-325,800 USD
CaliforniaRegion205,700 USD195,200 USD107,300-311,700 USD
PhoenixCity201,000 USD193,400 USD105,800-308,200 USD
HoustonCity201,000 USD206,100 USD99,900-313,800 USD
OhioRegion197,600 USD211,200 USD91,700-313,900 USD
PhiladelphiaCity195,500 USD187,500 USD103,600-300,500 USD
AustinCity195,500 USD199,700 USD97,600-305,200 USD
San JoseCity193,400 USD197,600 USD96,000-300,500 USD
New York (region)Region193,200 USD209,700 USD88,300-309,800 USD
TexasRegion193,200 USD185,900 USD103,600-299,200 USD
DallasCity192,600 USD206,700 USD87,600-303,600 USD
GeorgiaRegion191,100 USD184,700 USD99,700-295,700 USD
VirginiaRegion191,100 USD184,700 USD99,700-295,400 USD
FloridaRegion189,800 USD190,400 USD92,100-293,500 USD
San DiegoCity189,800 USD205,700 USD87,700-301,800 USD
New JerseyRegion187,500 USD191,100 USD92,100-295,400 USD
PennsylvaniaRegion185,900 USD201,000 USD87,500-296,400 USD
SeattleCity185,900 USD190,400 USD92,200-292,100 USD
MassachusettsRegion184,700 USD185,900 USD89,200-286,700 USD
IllinoisRegion183,900 USD176,300 USD93,600-280,400 USD
IndianaRegion183,900 USD195,500 USD81,900-288,900 USD
DenverCity183,600 USD189,800 USD88,500-286,100 USD
Washington D.C.City182,400 USD172,100 USD95,000-275,800 USD
WashingtonRegion182,400 USD195,200 USD83,200-286,400 USD
MichiganRegion180,500 USD172,100 USD93,800-274,700 USD
KentuckyRegion180,500 USD193,400 USD84,600-286,700 USD
JacksonvilleCity177,200 USD191,100 USD83,300-285,300 USD
DetroitCity177,200 USD191,100 USD83,300-282,500 USD
North CarolinaRegion177,200 USD184,700 USD88,600-280,400 USD
OregonRegion177,100 USD171,300 USD93,800-272,500 USD
MissouriRegion177,100 USD171,300 USD91,600-272,500 USD
San FranciscoCity177,100 USD171,300 USD91,500-274,000 USD
MinnesotaRegion177,100 USD192,600 USD83,700-283,500 USD
MississippiRegion176,300 USD177,200 USD83,900-274,000 USD
SacramentoCity176,300 USD177,200 USD83,900-274,000 USD
MarylandRegion176,300 USD187,500 USD79,600-278,500 USD
TennesseeRegion176,300 USD177,100 USD86,600-274,000 USD
IowaRegion175,200 USD180,500 USD87,400-274,700 USD
IndianapolisCity175,200 USD177,200 USD87,700-272,900 USD
ArizonaRegion175,100 USD190,400 USD79,800-281,100 USD
ConnecticutRegion175,100 USD182,400 USD86,100-275,800 USD
BostonCity172,300 USD163,800 USD89,900-263,700 USD
AlabamaRegion172,300 USD176,300 USD83,800-267,200 USD
NevadaRegion172,300 USD163,800 USD89,900-263,700 USD
ColoradoRegion172,200 USD189,800 USD79,800-276,200 USD
MemphisCity172,200 USD175,100 USD83,300-272,800 USD
WisconsinRegion172,200 USD166,600 USD92,300-268,200 USD
UtahRegion172,100 USD185,900 USD79,000-275,800 USD
Kansas CityCity171,300 USD172,200 USD83,000-268,200 USD
ArkansasRegion171,300 USD172,200 USD81,900-268,200 USD
Oklahoma CityCity171,300 USD184,700 USD80,200-272,500 USD
LouisianaRegion169,700 USD172,200 USD83,200-266,300 USD
OklahomaRegion169,700 USD172,200 USD83,200-265,800 USD
South CarolinaRegion169,700 USD164,100 USD86,800-259,700 USD
West VirginiaRegion167,100 USD172,300 USD81,700-260,300 USD
KansasRegion166,600 USD160,700 USD87,700-254,400 USD
BaltimoreCity165,900 USD168,700 USD80,300-257,500 USD
IdahoRegion164,100 USD166,600 USD80,700-254,400 USD
OaklandCity163,800 USD177,100 USD75,400-260,300 USD
MontanaRegion163,800 USD177,100 USD75,400-260,300 USD
Las VegasCity163,500 USD167,100 USD79,600-255,000 USD
MaineRegion163,500 USD156,200 USD84,800-250,600 USD
AtlantaCity163,500 USD166,600 USD80,800-255,000 USD
New OrleansCity161,300 USD163,800 USD81,200-253,400 USD
MiamiCity160,700 USD164,100 USD79,800-248,400 USD
Rhode IslandRegion160,700 USD163,500 USD77,100-250,600 USD
Long BeachCity160,600 USD152,700 USD84,500-246,200 USD
NebraskaRegion160,600 USD163,500 USD80,200-250,600 USD
TampaCity158,900 USD153,800 USD80,500-241,000 USD
District of ColumbiaRegion158,700 USD172,300 USD74,500-252,500 USD
New MexicoRegion158,700 USD152,900 USD83,400-243,000 USD
South DakotaRegion158,700 USD172,300 USD74,000-252,500 USD
New HampshireRegion157,600 USD167,100 USD73,100-247,400 USD
DelawareRegion157,600 USD151,800 USD79,500-238,300 USD
HawaiiRegion157,600 USD167,100 USD73,100-247,400 USD
AlaskaRegion156,200 USD151,800 USD81,600-239,000 USD
MinneapolisCity153,800 USD153,700 USD73,800-235,300 USD
VermontRegion153,800 USD153,700 USD73,700-238,300 USD
North DakotaRegion152,900 USD148,300 USD80,800-233,600 USD
CincinnatiCity152,900 USD157,600 USD75,500-238,200 USD
WyomingRegion152,700 USD166,600 USD69,700-245,600 USD
ClevelandCity151,800 USD163,500 USD71,200-241,200 USD
OrlandoCity151,800 USD152,700 USD72,400-236,700 USD
KentCity148,300 USD151,800 USD70,600-228,200 USD
HonoluluCity142,300 USD138,700 USD75,000-218,700 USD
VancouverCity140,700 USD142,100 USD69,400-215,100 USD
BristolCity138,700 USD146,900 USD64,300-216,600 USD
Iowa CityCity138,700 USD130,400 USD72,800-209,700 USD


Commercial Real Estate Manager in United States: FAQs

  • How much does a commercial real estate manager make per month in United States?

    A commercial real estate manager in United States earns about 13,650 USD a month before tax, based on an annual average of 163,800 USD.

  • What's the salary range for a commercial real estate manager in United States?

    Entry-level commercial real estate managers in United States start near 81,300 USD. Top-end pay reaches around 258,700 USD. The middle 50% of earners sit between 112,700 and 218,500 USD.

  • Is the median commercial real estate manager salary in United States higher or lower than the average?

    The median is 167,100 USD, higher than the average of 163,800 USD. Half of commercial real estate managers in United States earn below the median, half earn above it.

  • What's the gender pay gap for commercial real estate managers in United States?

    Men working as a commercial real estate manager in United States earn around 5% more than women on average (168,700 vs 160,600 USD a year).

  • Do commercial real estate managers in United States get bonuses?

    About 84% of commercial real estate managers in United States reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 9% of base salary.

  • Do commercial real estate managers earn more in the public or private sector in United States?

    In United States, the public sector pays a commercial real estate manager about 6% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do commercial real estate managers in United States get a pay raise?

    A commercial real estate manager in United States sees a raise of around 12% every 18 months, equivalent to roughly 8% a year.