Average Shopping Center Manager Salary in Mexico for 2024

In this article, we will look at the average Shopping Center 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 Shopping Center Manager Make in Mexico?

A Shopping Center Manager working in Mexico will typically earn around 745,000 MXN per year, and this can range from the lowest average salary of about 381,800 MXN to the highest average salary of 1,148,200 MXN.

Average Annual Salary
745,000 MXN
Average Monthly Salary
62,083 MXN

Lowest Annual Salary
381,800 MXN
Lowest Monthly Salary
31,816 MXN

Highest Annual Salary
1,148,200 MXN
Highest Monthly Salary
95,683 MXN

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

Shopping Center 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 Shopping Center Manager Salaries in Mexico

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

Salary ranges

We already know that a Shopping Center Manager can earn between 381,800 MXN and 1,148,200 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 Shopping Center Manager in Mexico is 731,700 MXN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 731,700 MXN, and 50% of the population earn more than 731,700 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 Shopping Center Manager salary in Mexico, 25% of the population are earning less than 500,100 MXN while 75% of the population earn more than 500,100 MXN.

75% of the population earn less than 922,900 MXN, and 25% of the population earn more than 922,900 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.

Shopping Center 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 shopping center 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 Shopping Center Manager in Mexico that has less than two years of experience can expect to earn somewhere in the region of 428,400 MXN.
  • 2 - 5 Years Experience. With two to five years of experience the average Shopping Center Manager salary would increase to 559,000 MXN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Shopping Center Manager, the average salary would be 780,600 MXN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 938,700 MXN.
  • 15 - 20 Years Experience. A Shopping Center Manager with 15 to 20 years of experience can earn an average of 1,019,200 MXN.
  • 20+ Years Experience. For a Shopping Center Manager with more than 20 years, the expected average salary increases to 1,099,200 MXN.

Average Salary by Experience Chart

0-2 Years
428,400 MXN
2-5 Years +31%
559,000 MXN
5-10 Years +40%
780,600 MXN
10-15 Years +20%
938,700 MXN
15-20 Years +9%
1,019,200 MXN
20+ Years +8%
1,099,200 MXN

Shopping Center 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 Shopping Center 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 Shopping Center Manager in Mexico with a high school education can earn an average salary of 510,200 MXN.

  • Certificate or Diploma. A Shopping Center Manager in Mexico with a certificate or diploma education can earn an average salary of 587,800 MXN.

  • Bachelor's Degree. A Shopping Center Manager in Mexico with a bachelor's degree education can earn an average salary of 825,900 MXN.

  • Master's Degree. A Shopping Center Manager in Mexico with a master's degree education can earn an average salary of 1,067,300 MXN.

Average Salary by Education Chart

High School
510,200 MXN
Certificate or Diploma +15%
587,800 MXN
Bachelor's Degree +41%
825,900 MXN
Master's Degree +29%
1,067,300 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.

Shopping Center 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 shopping center manager will earn an average of 798,900 MXN, while a female shopping center manager will earn around 698,200 MXN.

This means that a male shopping center manager earns approximately 14% more than a female shopping center manager for performing the same job.

Average Salary by Gender Chart in Mexico

Male
798,900 MXN
Female -14%
698,200 MXN

Shopping Center 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 Shopping Center Manager in Mexico is around 12% every 20 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 ÷ 20 ) × 12  = 7%

What this means is that a Shopping Center Manager in Mexico can expect to receive an average pay raise of around 7% 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%

Shopping Center 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 Shopping Center Manager is a high bonus based job, with 80% of employees reporting at least one bonus in the last 12 months.

20% 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
80%
No Bonus
20%

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 Shopping Center Manager

In the table below, we have salary information for jobs that are similar to a Shopping Center 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 Leasing Manager Real Estate 659,400 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
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 882,400 MXN
Acuna 684,900 MXN
Aguascalientes 877,300 MXN
Boca del Rio 626,800 MXN
Buenavista 683,400 MXN
Campeche 721,600 MXN
Cancun 874,500 MXN
Celaya 757,300 MXN
Chalco 637,500 MXN
Chetumal 598,600 MXN
Chicoloapan 665,300 MXN
Chihuahua 922,300 MXN
Chilpancingo 643,800 MXN
Chimalhuacan 893,500 MXN
Cholula de Rivadabia 683,400 MXN
Ciudad Apodaca 799,300 MXN
Ciudad del Carmen 623,200 MXN
Ciudad Juarez 639,100 MXN
Ciudad Lopez Mateos 836,500 MXN
Ciudad Obregon 767,000 MXN
Ciudad Santa Catarina 743,100 MXN
Ciudad Valles 582,700 MXN
Ciudad Victoria 733,300 MXN
Coacalco 778,200 MXN
Coatzacoalcos 706,200 MXN
Colima 619,000 MXN
Cordoba 597,800 MXN
Cuautitlan Izcalli 862,400 MXN
Cuautla 592,600 MXN
Cuernavaca 773,400 MXN
Culiacan 883,500 MXN
Delicias 555,800 MXN
Durango 814,500 MXN
Ecatepec de Morelos 923,000 MXN
Ensenada 727,400 MXN
Fresnillo 587,800 MXN
General Escobedo 761,400 MXN
Gomez Palacio 736,700 MXN
Guadalajara 946,000 MXN
Guadalupe 858,100 MXN
Guaymas 571,300 MXN
Hermosillo 927,000 MXN
Hidalgo del Parral 528,500 MXN
Iguala 566,900 MXN
Irapuato 830,500 MXN
Ixtapaluca 767,400 MXN
Jiutepec 659,400 MXN
La Paz 719,100 MXN
Leon 906,000 MXN
Los Mochis 709,600 MXN
Los Reyes la Paz 751,100 MXN
Manzanillo 563,000 MXN
Matamoros 848,200 MXN
Mazatlan 772,700 MXN
Merida 847,000 MXN
Metepec 681,900 MXN
Mexicali 890,100 MXN
Mexico City 894,500 MXN
Minatitlan 571,300 MXN
Monclova 665,300 MXN
Monterrey 869,400 MXN
Morelia 890,700 MXN
Naucalpan 887,100 MXN
Navojoa 548,800 MXN
Nezahualcoyotl 923,000 MXN
Nogales 675,100 MXN
Nuevo Laredo 798,900 MXN
Oaxaca 744,600 MXN
Ojo de Agua 724,000 MXN
Orizaba 544,800 MXN
Pachuca 745,000 MXN
Piedras Negras 614,600 MXN
Playa del Carmen 602,700 MXN
Poza Rica 652,200 MXN
Puebla 887,100 MXN
Puerto Vallarta 650,700 MXN
Queretaro 866,900 MXN
Reynosa 823,400 MXN
Salamanca 649,700 MXN
Saltillo 868,400 MXN
San Cristobal de las Casas 627,900 MXN
San Juan del Rio 612,500 MXN
San Luis Potosi 894,500 MXN
San Luis Rio Colorado 650,800 MXN
San Nicolas de los Garza 792,900 MXN
San Pablo de las Salinas 658,300 MXN
San Pedro Garza Garcia 563,000 MXN
Soledad de Graciano Sanchez 712,100 MXN
Tampico 758,700 MXN
Tapachula 645,800 MXN
Tehuacan 689,900 MXN
Tepic 800,500 MXN
Tijuana 907,100 MXN
Tlalnepantla de Baz 906,500 MXN
Tlaquepaque 823,400 MXN
Toluca 854,300 MXN
Tonala 830,500 MXN
Torreon 890,700 MXN
Tuxtla Gutierrez 844,600 MXN
Uruapan 751,700 MXN
Veracruz 812,900 MXN
Villa Nicolas Romero 717,900 MXN
Villahermosa 762,400 MXN
Xalapa 814,100 MXN
Xico 808,000 MXN
Zacatecas 559,000 MXN
Zamora de Hidalgo 571,300 MXN
Zapopan 869,400 MXN

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