Average Lettings Assistant Salary in United States for 2024

In this article, we will look at the average Lettings Assistant 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 a Lettings Assistant Make in United States?

A Lettings Assistant working in United States will typically earn around 41,700 USD per year, and this can range from the lowest average salary of about 21,700 USD to the highest average salary of 63,200 USD.

Average Annual Salary
41,700 USD
Average Monthly Salary
3,475 USD

Lowest Annual Salary
21,700 USD
Lowest Monthly Salary
1,808 USD

Highest Annual Salary
63,200 USD
Highest Monthly Salary
5,266 USD

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

Lettings Assistant 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 Lettings Assistant Salaries in United States

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

Salary ranges

We already know that a Lettings Assistant can earn between 21,700 USD and 63,200 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 a Lettings Assistant in United States is 38,000 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 38,000 USD, and 50% of the population earn more than 38,000 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 Lettings Assistant salary in United States, 25% of the population are earning less than 27,100 USD while 75% of the population earn more than 27,100 USD.

75% of the population earn less than 48,600 USD, and 25% of the population earn more than 48,600 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.

Lettings Assistant 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 lettings assistant 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 Lettings Assistant in United States that has less than two years of experience can expect to earn somewhere in the region of 25,300 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Lettings Assistant salary would increase to 31,400 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Lettings Assistant, the average salary would be 42,400 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 50,700 USD.
  • 15 - 20 Years Experience. A Lettings Assistant with 15 to 20 years of experience can earn an average of 56,100 USD.
  • 20+ Years Experience. For a Lettings Assistant with more than 20 years, the expected average salary increases to 58,700 USD.

Average Salary by Experience Chart

0-2 Years
25,300 USD
2-5 Years +34%
31,400 USD
5-10 Years +30%
42,400 USD
10-15 Years +21%
50,700 USD
15-20 Years +9%
56,100 USD
20+ Years +5%
58,700 USD

Lettings Assistant 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 a Lettings Assistant 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. A Lettings Assistant in United States with a high school education can earn an average salary of 26,400 USD.

  • Certificate or Diploma. A Lettings Assistant in United States with a certificate or diploma education can earn an average salary of 40,300 USD.

  • Bachelor's Degree. A Lettings Assistant in United States with a bachelor's degree education can earn an average salary of 54,200 USD.

Average Salary by Education Chart

High School
26,400 USD
Certificate or Diploma +43%
40,300 USD
Bachelor's Degree +38%
54,200 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.

Lettings Assistant 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 lettings assistant will earn an average of 40,700 USD, while a female lettings assistant will earn around 40,900 USD.

This means that a male lettings assistant earns approximately 0% less than a female lettings assistant for performing the same job.

Average Salary by Gender Chart in United States

Male
40,700 USD
Female +0%
40,900 USD

Lettings Assistant 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 a Lettings Assistant in United States is around 10% every 16 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 = ( 10 ÷ 16 ) × 12  = 8%

What this means is that a Lettings Assistant 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%

Lettings Assistant 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.

A Lettings Assistant 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 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 a Lettings Assistant

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

Job Title Category Salary
Acquisition Associate Real Estate 76,900 USD
Assistant Leasing Manager Real Estate 107,700 USD
Assistant Property Manager Real Estate 100,700 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
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 40,000 USD
Austin 43,500 USD
Baltimore 39,800 USD
Boston 40,700 USD
Bristol 33,000 USD
Chicago 45,000 USD
Cincinnati 35,000 USD
Cleveland 37,300 USD
Dallas 45,000 USD
Denver 45,200 USD
Detroit 42,500 USD
Honolulu 32,600 USD
Houston 49,700 USD
Indianapolis 41,500 USD
Iowa City 34,100 USD
Jacksonville 45,600 USD
Kansas City 36,200 USD
Kent 34,100 USD
Las Vegas 41,400 USD
Long Beach 35,200 USD
Los Angeles 48,600 USD
Memphis 40,300 USD
Miami 39,100 USD
Minneapolis 36,200 USD
New Orleans 34,900 USD
New York 47,100 USD
Oakland 36,800 USD
Oklahoma City 42,500 USD
Orlando 33,600 USD
Philadelphia 45,700 USD
Phoenix 46,700 USD
Sacramento 36,400 USD
San Antonio 47,100 USD
San Diego 45,000 USD
San Francisco 45,700 USD
San Jose 46,400 USD
Seattle 40,200 USD
Tampa 37,100 USD
Vancouver 34,000 USD
Washington D.C. 41,400 USD

Salary Comparison by State

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

City Average Salary
Alabama 38,700 USD
Alaska 34,700 USD
Arizona 42,700 USD
Arkansas 40,000 USD
California 45,400 USD
Colorado 42,500 USD
Connecticut 39,800 USD
Delaware 36,800 USD
District of Columbia 35,100 USD
Florida 44,500 USD
Georgia 44,800 USD
Hawaii 38,700 USD
Idaho 36,700 USD
Illinois 45,700 USD
Indiana 43,500 USD
Iowa 39,700 USD
Kansas 40,700 USD
Kentucky 39,800 USD
Louisiana 40,000 USD
Maine 37,300 USD
Maryland 40,300 USD
Massachusetts 44,300 USD
Michigan 45,600 USD
Minnesota 43,500 USD
Mississippi 41,900 USD
Missouri 41,300 USD
Montana 36,500 USD
Nebraska 38,100 USD
Nevada 37,900 USD
New Hampshire 36,400 USD
New Jersey 43,800 USD
New Mexico 40,300 USD
New York 46,200 USD
North Carolina 41,400 USD
North Dakota 35,100 USD
Ohio 44,800 USD
Oklahoma 39,300 USD
Oregon 41,700 USD
Pennsylvania 45,700 USD
Rhode Island 38,100 USD
South Carolina 42,800 USD
South Dakota 37,800 USD
Tennessee 39,700 USD
Texas 43,800 USD
Utah 36,900 USD
Vermont 36,000 USD
Virginia 45,200 USD
Washington 45,000 USD
West Virginia 40,000 USD
Wisconsin 43,500 USD
Wyoming 34,000 USD

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