Property Manager.
Sioux Falls.
$52,000
median salary, 17% below the national average
$40,000 to $68,000. Last updated April 2026.
Get the job.
Data points to own the conversation.
If you are evaluating a Property Manager offer in Sioux Falls, SD, here is the reality: $40,000 to $68,000, with $52,000 as the midpoint. 17% below the national average. Portfolio size measured in units or square footage is the dominant salary factor. Do not accept the first number.
Salary range
Where do you fall?
Salary by experience
The gap between entry and lead level is typically $47,000. Where you land depends on years of experience and what you bring to the table.
Entry (0-2 yrs)
$34,000
to $42,000
Mid (3-5 yrs)
$44,000
to $55,000
Senior (6-9 yrs)
$57,000
to $68,000
Lead (10+ yrs)
$65,000
to $81,000
Salary trend
+4% YoYTotal compensation
Base salary is not the full picture. Equity, bonus, and signing can add $14,000 to the total package.
Base
$52,000
Equity
$8,000
Bonus
$5,000
Signing
$1,000
Estimated total: $66,000
How Sioux Falls compares
Sioux Falls, SD
$52,000
Cost of living: 15% below average
National Average
$63,000
Sioux Falls is $11,000 below
Property Manager salary by city
Salary by role in Sioux Falls
What you should know
The Property Manager landscape in Sioux Falls is not what most salary sites will tell you. Sioux Falls is South Dakota's largest city and a growing financial services hub, home to major credit card operations for Citibank and Wells Fargo. The city's no state income tax and very low cost of living create exceptional take home pay ratios. Healthcare and agriculture round out the economy. Portfolio size measured in units or square footage is the dominant salary factor. Managers overseeing 200 or more residential units or large commercial properties earn 20 to 35% more than those managing smaller portfolios. Market type matters too, with commercial and Class A multifamily properties paying above the median.
Leasing consultants start at $35,000 to $45,000. Property managers earn $55,000 to $75,000. Senior property managers overseeing multiple sites reach $75,000 to $100,000. Regional managers earn $95,000 to $135,000, with VP of property management roles commanding $130,000 to $175,000. In Sioux Falls, your dollars stretch further. Cost of living runs 15% below the national average, which means even a median salary buys a stronger lifestyle.
Base salary is not the full picture. Performance bonuses of 5 to 15% based on occupancy rates, rent collection, and NOI targets are standard. Many property managers receive free or discounted housing as an on-site benefit, which can add $12,000 to $30,000 in effective compensation annually. And on the tax side: south Dakota has no state income tax. Sioux Falls has no city income tax. This zero income tax environment is a major draw for high earners seeking maximum take home pay. When someone quotes you $52,000, ask what the total package looks like. The gap between base and total comp is where real money hides.
On negotiation: Use the zero income tax advantage in negotiations. Sioux Falls employers know this is a major recruiting tool and will frame compensation accordingly. The range for Property Managers in Sioux Falls runs from $40,000 to $68,000. That is not a narrow window. Where you land inside it depends almost entirely on whether you negotiate and how well you prepare.
Sources: SEC filings, H-1B LCA (DOL), BLS OES, 50+ job posting platforms. COL: BEA Regional Price Parities (2025). Data verified by Justin Bartak, Founder & Chief AI Officer. Last verified April 8, 2026. Full methodology
Considering a related role?
- A Graphic Designer in Sioux Falls earns $53,000 (2% more)
- The highest-paying role in Sioux Falls is Chief AI Officer at $253,000
Common questions.
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