What is the average salary for a Assistant Property Manager (Luxury)?

The median salary for a Assistant Property Manager (Luxury) in Property Operations is $70,000. Salaries range from $50,000 (25th percentile) to $100,000 (75th percentile), with top earners reaching $125,000 (90th percentile).

Is Assistant Property Manager (Luxury) a high-demand role?

Assistant Property Manager (Luxury) has a balanced supply-demand dynamic in Property Operations. The typical candidate pool size is 120-300.

Property Operations · Entry

Assistant Property Manager (Luxury) Salary

Q: What are other titles for Assistant Property Manager (Luxury)?

Common alternative titles include: Assistant PM — Luxury Residential, Junior Property Manager (Luxury), Property Management Associate, Residential Property Coordinator. These roles have similar responsibilities and compensation ranges.

Compensation benchmarks from 255 verified sources including industry surveys, published reports, and market intelligence.

National Compensation Range

P25

$50,000

25th percentile

P50

$70,000

Median

P75

$100,000

75th percentile

CANDIDATE MARKET

Competitive

Scarcity: 3.5/10

EST. CANDIDATE POOL

120-300

Active candidates nationally

DEMAND TREND

Stable

3% year-over-year

RETENTION

2 yr avg tenure

28% annual turnover

Assistant Property Manager (Luxury) Salary by City

New York City, NY$95,000

San Francisco, CA$90,000

Palm Beach, FL$90,000

Boston, MA$85,000

Los Angeles, CA$80,000

Median (P50) adjusted for metro cost of labor.

Market Trends

Strong pipeline role; high turnover as candidates advance quickly

Also Known As

Assistant PM — Luxury Residential, Junior Property Manager (Luxury), Property Management Associate, Residential Property Coordinator

What Does an Assistant Property Manager (Luxury) Do?

The Assistant Property Manager (Luxury) operates managing luxury residential properties, branded residences, and high-end real estate assets for developers, family offices, or property management firms. Professionals in this role typically bring 2 to 4 years of relevant experience. Classified at the Entry level, this position draws from a competitive candidate pool, though specialized qualifications and sector-specific experience remain key differentiators in hiring.

What Drives Assistant Property Manager (Luxury) Compensation?

The median (P50) compensation for an Assistant Property Manager (Luxury) is $70,000, with the 25th to 75th percentile range spanning $50,000 to $100,000. The 74% spread between P25 and P75 reflects significant pay variation driven by portfolio size and asset value, number of units managed, market tier, property type (branded residence vs. conventional luxury), and development-phase involvement. Demand is holding stable, with compensation levels expected to track broader market adjustments.

Assistant Property Manager (Luxury) Career Path

Professionals who move into Assistant Property Manager (Luxury) roles most commonly come from luxury hotel operations, real estate asset management, facilities management, or construction project management. From this position, the typical trajectory leads toward VP of property management, real estate development leadership, or asset management roles at family offices and investment firms. The average tenure in this role is approximately 2 years, with an annual turnover rate of 28%.

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