Average Property Manager Salary in Saint Kitts and Nevis for 2024

In this article, we will look at the average Property Manager salary for 2024 in Saint Kitts and Nevis 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 Eastern Caribbean dollar. To keep things simple, we are using the XCD currency code instead of the currency symbol $.

How Much Does a Property Manager Make in Saint Kitts and Nevis?

A Property Manager working in Saint Kitts and Nevis will typically earn around 49,020 XCD per year, and this can range from the lowest average salary of about 26,080 XCD to the highest average salary of 78,500 XCD.

Average Annual Salary
49,020 XCD
Average Monthly Salary
4,085 XCD

Lowest Annual Salary
26,080 XCD
Lowest Monthly Salary
2,173 XCD

Highest Annual Salary
78,500 XCD
Highest Monthly Salary
6,541 XCD

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

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 Property Manager Salaries in Saint Kitts and Nevis

So we've looked at the average salaries a Property Manager will earn in Saint Kitts and Nevis. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Property Manager can earn between 26,080 XCD and 78,500 XCD on average in Saint Kitts and Nevis. 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 Property Manager in Saint Kitts and Nevis is 49,700 XCD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 49,700 XCD, and 50% of the population earn more than 49,700 XCD.

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 Property Manager salary in Saint Kitts and Nevis, 25% of the population are earning less than 32,420 XCD while 75% of the population earn more than 32,420 XCD.

75% of the population earn less than 60,180 XCD, and 25% of the population earn more than 60,180 XCD.

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.

Property Manager Salary by Experience Level in Saint Kitts and Nevis

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 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. A Property Manager in Saint Kitts and Nevis that has less than two years of experience can expect to earn somewhere in the region of 28,680 XCD.
  • 2 - 5 Years Experience. With two to five years of experience the average Property Manager salary would increase to 41,980 XCD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Property Manager, the average salary would be 50,180 XCD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 63,320 XCD.
  • 15 - 20 Years Experience. A Property Manager with 15 to 20 years of experience can earn an average of 68,400 XCD.
  • 20+ Years Experience. For a Property Manager with more than 20 years, the expected average salary increases to 72,380 XCD.

Average Salary by Experience Chart

0-2 Years
28,680 XCD
2-5 Years +34%
41,980 XCD
5-10 Years +30%
50,180 XCD
10-15 Years +21%
63,320 XCD
15-20 Years +9%
68,400 XCD
20+ Years +5%
72,380 XCD

Property Manager Salary by Education Level in Saint Kitts and Nevis

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 Property Manager in Saint Kitts and Nevis 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 Property Manager in Saint Kitts and Nevis with a high school education can earn an average salary of 35,000 XCD.

  • Certificate or Diploma. A Property Manager in Saint Kitts and Nevis with a certificate or diploma education can earn an average salary of 42,460 XCD.

  • Bachelor's Degree. A Property Manager in Saint Kitts and Nevis with a bachelor's degree education can earn an average salary of 57,360 XCD.

  • Master's Degree. A Property Manager in Saint Kitts and Nevis with a master's degree education can earn an average salary of 71,700 XCD.

Average Salary by Education Chart

High School
35,000 XCD
Certificate or Diploma +14%
42,460 XCD
Bachelor's Degree +41%
57,360 XCD
Master's Degree +21%
71,700 XCD

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 Saint Kitts and Nevis is around 16,900 to 50,700 XCD 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.

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 Saint Kitts and Nevis, a male property manager will earn an average of 54,180 XCD, while a female property manager will earn around 46,880 XCD.

This means that a male property manager earns approximately 16% more than a female property manager for performing the same job.

Average Salary by Gender Chart in Saint Kitts and Nevis

Male
54,180 XCD
Female -16%
46,880 XCD

Property Manager Average Pay Raise in Saint Kitts and Nevis

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 Property Manager in Saint Kitts and Nevis is around 7% every 30 months.

The national average pay raise across all professions and industries in Saint Kitts and Nevis is around 4% every 29 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 = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Property Manager in Saint Kitts and Nevis can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Saint Kitts and Nevis for 2024

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

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

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Property Manager Bonus and Incentive Rates in Saint Kitts and Nevis

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 Property Manager is a low bonus based job, with 36% of employees reporting at least one bonus in the last 12 months.

64% 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 3% to 5%.

Received Bonus
36%
No Bonus
64%

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 Saint Kitts and Nevis earn approximately 23% more than private sector employees in the same role.

Public Sector
45,200 XCD
Private Sector -23%
36,720 XCD

Salaries for Jobs Similar to a Property Manager

In the table below, we have salary information for jobs that are similar to a Property Manager in Saint Kitts and Nevis.

Job Title Category Salary
Acquisition Associate Real Estate 31,660 XCD
Assistant Leasing Manager Real Estate 42,320 XCD
Assistant Property Manager Real Estate 44,300 XCD
Brokerage Real Estate 33,960 XCD
Brokerage Clerk Real Estate 17,620 XCD
Commercial Leasing Manager Real Estate 65,080 XCD
Commercial Real Estate Manager Real Estate 67,320 XCD
Community Development Manager Real Estate 58,000 XCD
Compliance Specialist Real Estate 30,700 XCD
Development Coordinator Real Estate 33,960 XCD
Director of Real Estate Real Estate 75,980 XCD
Lease Administrator Real Estate 42,040 XCD
Leasing Agent Real Estate 35,560 XCD
Leasing Consultant Real Estate 41,980 XCD
Leasing Manager Real Estate 47,540 XCD
Lettings Assistant Real Estate 17,560 XCD
Portfolio Analyst Real Estate 57,800 XCD
Portfolio Manager Real Estate 76,440 XCD
Property Acquisition Agent Real Estate 26,860 XCD
Property and Claims Specialist Real Estate 37,800 XCD
Property Operations Manager Real Estate 70,700 XCD
Property Tax Assistant Real Estate 34,480 XCD
Real Estate Administrator Real Estate 36,160 XCD
Real Estate Agent Real Estate 34,980 XCD
Real Estate Analyst Real Estate 43,260 XCD
Real Estate Appraiser Real Estate 34,360 XCD
Real Estate Appraiser Real Estate 35,260 XCD
Real Estate Appraiser Real Estate 38,180 XCD
Real Estate Assistant Real Estate 31,940 XCD
Real Estate Association Manager Real Estate 45,620 XCD
Real Estate Broker Real Estate 31,380 XCD
Real Estate General Manager Real Estate 68,360 XCD
Real Estate Project Director Real Estate 61,580 XCD
Real Estate Project Manager Real Estate 55,840 XCD
Real Estate Sales Agent Real Estate 35,300 XCD
Real Estate Valuer Real Estate 37,620 XCD
Research Analyst Real Estate 27,560 XCD
Residential Advisor Real Estate 38,060 XCD
Residential Property Manager Real Estate 48,740 XCD
Shopping Center Manager Real Estate 70,260 XCD
Town Planner Real Estate 70,700 XCD

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 Property Manager Salary in Saint Kitts and Nevis for 2024". World Salaries. Accessed on March 29, 2024. https://worldsalaries.com/average-property-manager-salary-in-saint-kitts-and-nevis/.

  • "Average Property Manager Salary in Saint Kitts and Nevis for 2024". World Salaries, https://worldsalaries.com/average-property-manager-salary-in-saint-kitts-and-nevis/. Accessed 29 March, 2024

  • Average Property Manager Salary in Saint Kitts and Nevis for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-property-manager-salary-in-saint-kitts-and-nevis/.