Certified Property Manager Average Salary & Hourly Rate in 2025
A Certified Property Manager (CPM) is a well-trained and credentialed expert in property management. This certification, awarded by the Institute of Real Estate Management (IREM), is one of the most respected and widely recognized property management certifications in the industry.
The average annual salary for a Certified Property Manager in the United States is $114,401 in 2025. The salary of a Certified Property Manager can vary significantly based on factors like education, experience, location, specialized skills, and industry demand.
An Overview of Certified Property Manager Salaries
In 2025, the average salary for a Certified Property Manager in the United States is $114,401 per year, which breaks down to approximately $55 per hour or $9,533 per month.
Salaries for Certified Property Managers typically range from $83,643 to $148,407, with experienced property managers usually earning between these amounts, according to the latest data from Salary.com.
| Percentile | Average Annual Salary |
|---|---|
| 10th Percentile | $83,643 |
| 25th Percentile | $98,301 |
| 50th Percentile (Median) | $114,401 |
| 75th Percentile | $132,201 |
| 90th Percentile | $148,407 |
According to the U.S. Bureau of Labor Statistics, the salary of a Certified Property Manager can vary depending on the industry.
For example, those working in religious, grantmaking, civic, professional, and similar organizations can earn up to $63,670 annually, while CPM in the real estate sector typically earns around $61,480 per year.
- Religious, grantmaking, civic, professional, and similar organizations: $63,670 per year
- Real estate: $61,480 per year
Certified Property Manager Salary: Hourly, Weekly, Monthly, and Yearly Breakdown
The salary of a Certified Property Manager can be broken down into hourly, weekly, monthly, and annual figures. As of January 1, 2025, the national average salary for Certified Property Managers in the United States is $55 per hour, or $9,533 per month.
- Average hourly wage: $55
- Average weekly wage: $2,200
- Average monthly wage: $9,533
- Average annual salary: $114,401
As with many other roles, the salary of a Certified Property Manager in the U.S. can fluctuate based on factors such as location, experience, qualifications, and education level. These variables can significantly influence overall compensation, and we'll delve into these details further below.
How Experience Impacts Certified Property Manager Salaries
Experience plays a key role in determining the salary for Certified Property Managers in the United States. The following data highlights how salaries can vary across different levels of real estate management experience.
Our data shows that the salary gap between an entry-level Certified Property Manager and an expert-level professional is about $10,424. An expert-level Certified Property Manager earns an average of $117,992, while an entry-level position brings in around $107,568.
- Entry-Level Certified Property Manager: $107,568
- Intermediate-Level Certified Property Manager: $108,280
- Senior-Level Certified Property Manager: $110,653
- Specialist-Level Certified Property Manager: $113,501
- Expert-Level Certified Property Manager: $117,992
These figures highlight how a Certified Property Manager’s salary tends to increase with experience, reflecting the growing expertise and responsibilities that come with each level.
State-by-State Breakdown of Average Salaries for Certified Property Manager
The salary of a Certified Property Manager can vary widely across states, driven by factors like the cost of living, local demand for skilled professionals, and regional economic conditions.
As of January 2025, the District of Columbia offers the highest average annual salary for Certified Property Managers at $127,301. California comes in second with an average property manager salary of $126,201, followed by New Jersey in third place with an average of $125,401.
State-by-state average salary for Certified Property Manager:
| State | Average Salary |
|---|---|
| Alabama | $105,201 |
| Alaska | $124,601 |
| Arizona | $111,401 |
| Arkansas | $104,201 |
| California | $126,201 |
| Colorado | $116,701 |
| Connecticut | $122,901 |
| Delaware | $116,101 |
| District of Columbia | $127,301 |
| Florida | $108,701 |
| Georgia | $110,601 |
| Hawaii | $119,601 |
| Idaho | $106,801 |
| Illinois | $117,001 |
| Indiana | $111,001 |
| Iowa | $109,501 |
| Kansas | $108,901 |
| Kentucky | $107,701 |
| Louisiana | $108,801 |
| Maine | $111,301 |
| Maryland | $118,001 |
| Massachusetts | $124,501 |
| Michigan | $112,901 |
| Minnesota | $117,001 |
| Mississippi | $102,101 |
| Missouri | $109,001 |
| Montana | $106,901 |
| Nebraska | $107,801 |
| Nevada | $114,901 |
| New Hampshire | $116,401 |
| New Jersey | $125,401 |
| New Mexico | $105,501 |
| New York | $122,001 |
| North Carolina | $109,801 |
| North Dakota | $113,301 |
| Ohio | $111,901 |
| Oklahoma | $105,801 |
| Oregon | $116,201 |
| Pennsylvania | $114,201 |
| Rhode Island | $119,401 |
| South Carolina | $108,001 |
| South Dakota | $102,901 |
| Tennessee | $106,001 |
| Texas | $112,001 |
| Utah | $108,801 |
| Vermont | $112,201 |
| Virginia | $114,801 |
| Washington | $123,301 |
| West Virginia | $103,001 |
| Wisconsin | $113,001 |
| Wyoming | $109,701 |
Certified Property Manager Technician Salaries: Top Earning Cities Revealed
According to our data, the top-paying cities for Certified Property Managers in the United States are San Jose, San Francisco, and Oakland, all situated in California.
| Top Paying Cities | Average Salary |
|---|---|
| San Jose, CA | $143,601 |
| San Francisco, CA | $143,001 |
| Oakland, CA | $139,601 |
| New York, NY | $133,601 |
| Queens Village, NY | $132,701 |
| Paramus, NJ | $131,801 |
| Passaic, NJ | $131,701 |
| Bergenfield, NJ | $131,601 |
| Stamford, CT | $131,301 |
| Huntington, NY | $130,401 |
| Bridgeport, CT | $129,601 |
| Newark, NJ | $129,301 |
Explore Certified Property Manager Technicians Benefits and Perks Beyond Salary
CPMs typically receive a benefits package in addition to their base salary. According to Salary.com, these benefits often include financial and health-related perks, along with paid time off and retirement savings plans.
Common benefits of CPM include:
- Social Security
- 401(k)/403(b) Retirement Plans
- Disability Insurance
- Healthcare (Medical, Dental, Vision)
- Pension Plans
- Paid Time Off (PTO)
Although these benefits are common, the specifics can vary based on the employer and their policies. It’s essential to check with your company to fully understand the details of your benefits package.
Certified Property Manager Job Description: Roles and Responsibilities
Property, real estate, and community association managers are responsible for overseeing various aspects of residential, commercial, or industrial properties. Their role ensures that properties are well-maintained, visually appealing, function efficiently, and retain their resale value.
Property, and real estate managers, and community association managers typically:
- Meet with potential tenants or owners to show available properties
- Explain lease agreements and ownership terms
- Collect monthly payments from tenants or property owners
- Inspect facilities, including the grounds and equipment
- Coordinate repairs or purchase new equipment as necessary
- Handle or oversee the payment of bills for insurance, maintenance, payroll, taxes, and other expenses
- Contract services like landscaping, maintenance, and trash removal
- Investigate and resolve complaints, disturbances, and violations
- Maintain records of rental activities and owner requests
- Prepare budgets and financial reports
- Ensure compliance with anti-discrimination laws, such as the Americans with Disabilities Act and the Federal Fair Housing Act, when advertising or leasing properties
- Generating business referrals by ensuring tenant satisfaction and maintaining good relationships with property owners.
When and How to Ask for a Raise as Certified Property Manager
Asking for a raise as a Certified Property Manager (CPM) can be a strategic move, and timing and approach are key. Here’s a guide to help you navigate this conversation effectively:
- Before asking for a raise, assess your achievements, like meeting property goals, taking on extra duties, and improving efficiency. Highlight your impact on property value, tenant satisfaction, and cost management.
- The best time to ask for a raise is during performance reviews or after completing a major project, like improving tenant retention or cutting costs. You can also request a meeting to discuss your performance at a convenient time for your manager.
- Research the average salary for Certified Property Managers in your industry and region using tools like Salary.com or industry-specific compensation reports. Present this data to support your case and ensure your request aligns with current market standards.
- Be ready to highlight your certifications (e.g., Certified Property Manager), additional skills, knowledge and contributions to the company. Provide specific examples of how your work has positively impacted property performance, tenant relations, and the company's bottom line.
- During the conversation, stay confident, professional, and open to negotiation. If a raise isn’t possible right away, ask for specific goals or steps you can take to work toward a raise in the near future.
Why Does Certified Property Manager Make So Much?
Certified Property Managers earn competitive salaries thanks to their specialized skills in asset management, preventative maintenance, and regulatory compliance, all essential for property value and tenant satisfaction.
Gaining specialized skills and earning certifications can significantly increase earning potential. According to Real-time Job Posting Salary Data, Certified Property Managers with expertise in property management, preventative maintenance, and financial and asset management capabilities are in high demand.
The largest salary increases are seen in areas like asset management, Operations Management (OM), and regulatory compliance.
- Asset Management: +15.31% salary increase
- Operations Management (OM): +11.26% salary increase
- Regulatory Compliance: +10.39% salary increase
- Investment Management: +8.50% salary increase
- Property Management: +7.11% salary increase
- Preventative Maintenance: +6.33% salary increase
The Future of Certified Property Manager: Job Outlook and Career Trends
Employment for property, real estate, and community association managers is projected to grow 3% from 2023 to 2033, with about 37,800 annual job openings. These openings will largely result from worker retirements or career changes.
A Certified Property Manager offers strong career potential and financial growth. The CPM designation and CPM certification exam equip professionals to succeed in competitive markets. With rising demand for skilled property managers, those specializing in real estate management positions and using management plan skills assessments will see ongoing success and advancement.
