Property and Real Estate Manager Salary in Illinois
Based on 11K+ workers in Illinois
Median Annual Salary (IL)
$74,980
$36.05/hr
vs National Average
$68,410
+9.6% vs national median
Salary Range (10th–90th)
$45K – $143K
11K employed in Illinois
Property and Real Estate Manager salary in Illinois averages $74,980 per year, positioning the state approximately 10% above the national average. With 11,180 professionals currently employed in this field across Illinois, the role represents a stable career path for those interested in property management and real estate operations.
Compensation for property managers in Illinois varies significantly based on experience, property type, portfolio size, and geographic location within the state. Real estate market conditions, employer size, and professional certifications also influence earning potential. Urban markets like Chicago typically offer higher salaries compared to rural areas, reflecting differences in property values and operational complexity.
Salary Distribution — Property and Real Estate Manager in Illinois
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $44,570 |
| 25th percentile | $56,380 |
| Median (50th percentile) | $74,980 |
| 75th percentile | $104,320 |
| 90th percentile | $143,200 |
Top-Paying Industries for Property and Real Estate Manager (U.S.)
Which industries pay Property and Real Estate Managers the most — nationwide figures (industry-level data is not available by state). Property and Real Estate Managers in Illinois tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Mining, Quarrying, and Oil and Gas Extraction | $151,600 | 2K |
| Manufacturing | $143,400 | 390 |
| Information | $136,130 | 620 |
| Utilities | $134,390 | 380 |
| Finance and Insurance | $132,210 | 3K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Property and Real Estate Manager in Illinois vs National
| Year | Median Salary (Illinois) |
|---|---|
| 2022 | $61,730 |
| 2023 | $66,810 |
| 2024 | $73,250 |
| 2025 | $74,980 |
| 2026 (projected) | $76,751 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Illinois Median | National Median |
|---|---|---|
| 2022 | $61,730 | $59,378 |
| 2023 | $66,810 | $62,438 |
| 2024 | $73,250 | $65,763 |
| 2025 | $74,980 | $68,410 |
| 2026 (projected) | $76,751 | $70,026 |
Property and Real Estate Manager Salary by Experience Level in Illinois
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $56,380 |
| Mid-level | 3-5 yrs | $74,980 |
| Senior | 6-9 yrs | $104,320 |
| Staff / Lead | 10+ yrs | $143,200 |
Property and Real Estate Manager Salary in Other States
Related Property and Real Estate Manager Salaries in Illinois
How other high-demand occupations in Illinois compare to Property and Real Estate Manager ($74,980 median).
| Occupation | Median Salary | vs Property and Real Estate Manager | Hourly |
|---|---|---|---|
| Chief Executive Officer in IL | $331,920 | +342.7% | $159.58/hr |
| Marketing Manager in IL | $162,860 | +117.2% | $78.30/hr |
| Sales Manager in IL | $155,280 | +107.1% | $74.65/hr |
| Purchasing Manager in IL | $153,370 | +104.5% | $73.74/hr |
| Human Resources Manager in IL | $151,370 | +101.9% | $72.77/hr |
| Public Relations Manager in IL | $131,990 | +76.0% | $63.46/hr |
| Training and Development Manager in IL | $130,610 | +74.2% | $62.79/hr |
| Industrial Production Manager in IL | $127,270 | +69.7% | $61.19/hr |
| Construction Manager in IL | $109,160 | +45.6% | $52.48/hr |
| Administrative Services Manager in IL | $106,860 | +42.5% | $51.38/hr |
| Management Analyst in IL | $104,270 | +39.1% | $50.13/hr |
| General and Operations Manager in IL | $103,570 | +38.1% | $49.79/hr |
Frequently Asked Questions
How much do property managers make in Illinois?
- Property and real estate managers in Illinois earn a median salary of $74,980 per year, or $36 per hour. This is 9.6% higher than the national average, making Illinois a competitive market for this profession.
What is the salary range for property managers in Illinois?
- Property manager salaries in Illinois range from $44,570 on the lower end to $143,200 on the higher end. This wide range reflects differences in experience, property size, and management complexity.
Is being a property manager in Illinois better paid than the national average?
- Yes, property managers in Illinois earn 9.6% more than the national average, with a median salary of $74,980 compared to lower averages in other states. This makes Illinois an attractive location for professionals in this field.
How many property managers are employed in Illinois?
- There are currently 11,180 property and real estate managers employed in Illinois, representing a substantial job market for qualified professionals in the state.