Property and Real Estate Manager Salary in Michigan
Based on 6K+ workers in Michigan
Median Annual Salary (MI)
$60,350
$29.01/hr
vs National Average
$68,410
-11.8% vs national median
Salary Range (10th–90th)
$37K – $117K
6K employed in Michigan
Property and Real Estate Manager salary in Michigan averages $60,350 annually, according to current labor data. This median represents compensation for approximately 5,840 professionals currently employed in the state. However, this figure falls about 12 percent below the national average, reflecting regional economic differences and market conditions specific to Michigan's real estate sector.
Several factors influence Property and Real Estate Manager salary in Michigan, including years of experience, property portfolio size, and employer type. Geographic location within the state, certifications held, and whether a manager works for commercial or residential firms also affect earnings potential. Market conditions, local real estate demand, and individual performance metrics contribute to the wide salary range of $36,960 to $117,180 observed across the profession.
Salary Distribution — Property and Real Estate Manager in Michigan
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $36,960 |
| 25th percentile | $49,800 |
| Median (50th percentile) | $60,350 |
| 75th percentile | $78,860 |
| 90th percentile | $117,180 |
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 Michigan 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 Michigan vs National
| Year | Median Salary (Michigan) |
|---|---|
| 2022 | $59,510 |
| 2023 | $58,880 |
| 2024 | $58,450 |
| 2025 | $60,350 |
| 2026 (projected) | $62,312 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Michigan Median | National Median |
|---|---|---|
| 2022 | $59,510 | $59,378 |
| 2023 | $58,880 | $62,438 |
| 2024 | $58,450 | $65,763 |
| 2025 | $60,350 | $68,410 |
| 2026 (projected) | $62,312 | $70,634 |
Property and Real Estate Manager Salary by Experience Level in Michigan
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $49,800 |
| Mid-level | 3-5 yrs | $60,350 |
| Senior | 6-9 yrs | $78,860 |
| Staff / Lead | 10+ yrs | $117,180 |
Property and Real Estate Manager Salary in Other States
Related Property and Real Estate Manager Salaries in Michigan
How other high-demand occupations in Michigan compare to Property and Real Estate Manager ($60,350 median).
| Occupation | Median Salary | vs Property and Real Estate Manager | Hourly |
|---|---|---|---|
| Chief Executive Officer in MI | $255,560 | +323.5% | $122.87/hr |
| Purchasing Manager in MI | $142,120 | +135.5% | $68.33/hr |
| Human Resources Manager in MI | $138,930 | +130.2% | $66.79/hr |
| Marketing Manager in MI | $138,510 | +129.5% | $66.59/hr |
| Sales Manager in MI | $136,870 | +126.8% | $65.80/hr |
| Industrial Production Manager in MI | $120,660 | +99.9% | $58.01/hr |
| Training and Development Manager in MI | $118,630 | +96.6% | $57.03/hr |
| Public Relations Manager in MI | $117,900 | +95.4% | $56.68/hr |
| Administrative Services Manager in MI | $108,210 | +79.3% | $52.02/hr |
| Construction Manager in MI | $103,230 | +71.1% | $49.63/hr |
| Project Management Specialist in MI | $100,970 | +67.3% | $48.54/hr |
| General and Operations Manager in MI | $99,530 | +64.9% | $47.85/hr |
Frequently Asked Questions
How much do property managers make in Michigan?
- Property and Real Estate Managers in Michigan earn a median salary of $60,350 per year, or approximately $29 per hour. This is about 11.8% below the national average for this position.
What is the salary range for real estate managers in Michigan?
- Real estate managers in Michigan can expect salaries ranging from $36,960 at the lower end to $117,180 at the upper end, depending on experience and employer.
How many property managers work in Michigan?
- There are approximately 5,840 property and real estate managers currently employed in Michigan.
Is the Michigan property manager salary lower than the national average?
- Yes, the median salary for property and real estate managers in Michigan at $60,350 per year is 11.8% lower than the national average for this role.