Salaries

VP of Real Estate Salary.

Across 81 U.S. cities.

$205,000

estimated national base salary

$160,000 to $267,000. Last updated September 2026.

Orbyt prices 8 titles at this same figure, including Director of Design, Head of Communications, and Director of Revenue. Orbyt does not hold title-level wage data that would separate them.

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Government benchmark for this occupation

The US Bureau of Labor Statistics reports a median annual wage of $69,990 for Property, Real Estate, and Community Association Managers (SOC 11-9141) across the United States, based on 311,180 employed workers (May 2025 release).

10th percentile

$41,010

25th percentile

$50,720

Median

$69,990

75th percentile

$97,910

90th percentile

$139,680

Workers surveyed

311,180

What BLS published in each release

May 2024 release

$66,700

May 2025 release

$69,990

These are two separate published estimates, not a time series. The Bureau of Labor Statistics does not encourage the use of OEWS data for time-series analysis. Differences between releases reflect changes in occupational classification, survey methodology, and the three-year pooled sample as well as any change in pay, so the two figures should not be read as a rate of wage growth.

Why this differs from the estimate above. The Orbyt estimate of $205,000 is 193% higher than this published figure. That is usually not an error in either number: BLS reports by occupation code, and Property, Real Estate, and Community Association Managers covers a different population than the VP of Real Estate title as it is typically advertised. Both are shown, unreconciled, so you can judge which one describes the job you mean.

BLS publishes wages by occupation code, not by job title, so this figure covers every role mapped to Property, Real Estate, and Community Association Managers (SOC 11-9141) rather than VP of Real Estate specifically. The national range at the top of this page is Orbyt’s role-level estimate, which is a different thing and is labelled as such.

View the BLS source for SOC 11-9141

Highest Paying

$288,000

San Francisco, CA

Best Purchasing Power

$214,000

Albany, NY

Lowest Paying

$157,000

Jackson, MS

The salary figures on this page are computed estimates, not observed wages. Each one is a national role baseline scaled by a Bureau of Economic Analysis Regional Price Parity cost-of-living multiplier (2025 index) and rounded to the nearest $1,000. No published wage percentile is consulted and no wage survey response enters the calculation, so an Orbyt estimate must not be cited as a Bureau of Labor Statistics figure or as measured pay. The published wage data Orbyt holds is Bureau of Labor Statistics Occupational Employment and Wage Statistics, and Department of Labor H-1B Labor Condition Application filings, which record a filed minimum visa base wage rather than market pay. Where BLS publishes a wage for the occupation a role maps to, it is shown on that role's page as a separate benchmark, labelled with its occupation code, metro area and the number of employed workers it covers. Last updated September 2026. This role maps to BLS occupation code 11-9141. Full methodology.

Orbyt estimates the average VP of Real Estate salary in the United States at $205,000 in 2026, within a range of $160,000 to $267,000. These figures are Orbyt estimates, computed rather than measured, and must not be cited as Bureau of Labor Statistics figures; the published BLS wage for the occupation this role maps to is shown separately on this page. This figure is not specific to this title: Orbyt prices 8 titles at the same estimate. San Francisco is the highest of the 81 cities at $288,000, while Albany offers the best purchasing power after cost-of-living adjustments. VP of Real Estate compensation scales with team size under management, scope of organizational responsibility, and track record of hiring and retaining talent.

VP of Real Estate salary by city.

Salary comparison across 81 cities
CityMedianRangeCOLAdjustedRank
San Francisco, CA$288,000$225,000 to $375,0001.35x$213,000#475 of 3445
San Jose, CA$277,000$216,000 to $361,0001.38x$201,000#737 of 3445
Seattle, WA$264,000$206,000 to $344,0001.24x$213,000#460 of 3445
Honolulu, HI$261,000$204,000 to $340,0001.30x$201,000#746 of 3445
New York, NY$260,000$203,000 to $338,0001.28x$203,000#695 of 3445
Arlington, VA$258,000$201,000 to $336,0001.22x$211,000#500 of 3445
Washington DC, DC$249,000$194,000 to $324,0001.25x$199,000#758 of 3445
Newark, NJ$249,000$194,000 to $325,0001.18x$211,000#516 of 3445
Jersey City, NJ$246,000$192,000 to $320,0001.20x$205,000#636 of 3445
Boston, MA$245,000$191,000 to $319,0001.22x$201,000#748 of 3445
Boulder, CO$243,000$190,000 to $316,0001.15x$211,000#502 of 3445
Los Angeles, CA$242,000$189,000 to $315,0001.18x$205,000#647 of 3445
San Diego, CA$235,000$183,000 to $306,0001.17x$201,000#747 of 3445
Princeton, NJ$233,000$182,000 to $304,0001.15x$203,000#698 of 3445
Chicago, IL$228,000$178,000 to $297,0001.07x$213,000#464 of 3445
Portland, OR$228,000$178,000 to $297,0001.10x$207,000#605 of 3445
Miami, FL$227,000$177,000 to $296,0001.12x$203,000#693 of 3445
Hartford, CT$226,000$176,000 to $294,0001.08x$209,000#555 of 3445
Portland, ME$224,000$175,000 to $292,0001.05x$213,000#461 of 3445
Anchorage, AK$222,000$174,000 to $290,0001.13x$196,000#791 of 3445
Burlington, VT$222,000$173,000 to $289,0001.06x$209,000#544 of 3445
Philadelphia, PA$221,000$173,000 to $288,0001.09x$203,000#694 of 3445
Sacramento, CA$221,000$172,000 to $288,0001.10x$201,000#745 of 3445
Denver, CO$219,000$171,000 to $285,0001.08x$203,000#692 of 3445
Baltimore, MD$219,000$171,000 to $285,0001.08x$203,000#689 of 3445
Atlanta, GA$217,000$170,000 to $283,0001.02x$213,000#465 of 3445
Ann Arbor, MI$217,000$170,000 to $283,0001.02x$213,000#486 of 3445
Wilmington, DE$215,000$168,000 to $281,0001.02x$211,000#509 of 3445
Minneapolis, MN$211,000$165,000 to $275,0001.05x$201,000#748 of 3445
Salt Lake City, UT$209,000$163,000 to $272,0000.98x$213,000#477 of 3445
Manchester, NH$209,000$163,000 to $272,0001.06x$197,000#781 of 3445
Houston, TX$207,000$161,000 to $269,0000.97x$213,000#467 of 3445
Nashville, TN$207,000$162,000 to $270,0001.00x$207,000#605 of 3445
Austin, TX$205,000$160,000 to $267,0001.03x$199,000#764 of 3445
Charlotte, NC$205,000$160,000 to $267,0000.97x$211,000#523 of 3445
Providence, RI$205,000$160,000 to $267,0001.04x$197,000#777 of 3445
Albany, NY$205,000$160,000 to $267,0000.96x$214,000#467 of 3445
Dallas, TX$203,000$158,000 to $264,0001.01x$201,000#746 of 3445
Raleigh, NC$203,000$158,000 to $264,0000.99x$205,000#655 of 3445
Boise, ID$203,000$158,000 to $264,0000.95x$214,000#443 of 3445
Richmond, VA$199,000$155,000 to $259,0001.01x$197,000#774 of 3445
Pittsburgh, PA$196,000$153,000 to $255,0000.92x$213,000#476 of 3445
Columbus, OH$196,000$153,000 to $256,0000.93x$211,000#515 of 3445
New Orleans, LA$196,000$153,000 to $255,0000.92x$213,000#465 of 3445
Phoenix, AZ$195,000$152,000 to $254,0000.96x$203,000#712 of 3445
Virginia Beach, VA$195,000$152,000 to $254,0000.98x$199,000#766 of 3445
Orlando, FL$195,000$152,000 to $254,0000.95x$205,000#652 of 3445
Madison, WI$195,000$152,000 to $254,0000.95x$205,000#654 of 3445
Kansas City, MO$194,000$152,000 to $253,0000.93x$209,000#546 of 3445
San Antonio, TX$194,000$151,000 to $253,0000.91x$213,000#461 of 3445
Las Vegas, NV$193,000$151,000 to $251,0000.96x$201,000#748 of 3445
Charleston, SC$193,000$151,000 to $251,0000.98x$197,000#780 of 3445
Columbus, OH$193,000$150,000 to $251,0000.93x$208,000#547 of 3445
North Charleston, SC$193,000$150,000 to $251,0000.94x$205,000#604 of 3445
Detroit, MI$192,000$150,000 to $250,0000.90x$213,000#458 of 3445
Indianapolis, IN$190,000$149,000 to $248,0000.91x$209,000#556 of 3445
Cincinnati, OH$190,000$148,000 to $248,0000.90x$211,000#504 of 3445
Tampa, FL$189,000$147,000 to $246,0000.96x$197,000#775 of 3445
Reno, NV$189,000$147,000 to $246,0000.96x$197,000#772 of 3445
Spokane, WA$187,000$146,000 to $243,0000.92x$203,000#673 of 3445
Louisville, KY$184,000$144,000 to $240,0000.88x$209,000#534 of 3445
Knoxville, TN$184,000$144,000 to $240,0000.89x$207,000#601 of 3445
St. Louis, MO$183,000$143,000 to $238,0000.90x$203,000#646 of 3445
Omaha, NE$182,000$142,000 to $237,0000.88x$207,000#610 of 3445
Lexington, KY$182,000$142,000 to $237,0000.86x$212,000#490 of 3445
Milwaukee, WI$179,000$140,000 to $233,0000.91x$197,000#784 of 3445
Baton Rouge, LA$179,000$139,000 to $233,0000.88x$203,000#663 of 3445
Columbia, SC$179,000$140,000 to $233,0000.90x$199,000#763 of 3445
Des Moines, IA$178,000$139,000 to $232,0000.86x$207,000#583 of 3445
Sioux Falls, SD$178,000$139,000 to $231,0000.85x$209,000#562 of 3445
Fargo, ND$176,000$137,000 to $229,0000.85x$207,000#610 of 3445
Albuquerque, NM$175,000$137,000 to $228,0000.88x$199,000#763 of 3445
Des Moines, IA$173,000$135,000 to $225,0000.86x$201,000#703 of 3445
Cheyenne, WY$171,000$134,000 to $223,0000.87x$197,000#776 of 3445
Wichita, KS$170,000$133,000 to $221,0000.82x$207,000#564 of 3445
Tulsa, OK$170,000$133,000 to $222,0000.83x$205,000#652 of 3445
Birmingham, AL$169,000$132,000 to $220,0000.84x$201,000#718 of 3445
Little Rock, AR$166,000$130,000 to $217,0000.82x$202,000#699 of 3445
Oklahoma City, OK$165,000$129,000 to $215,0000.84x$196,000#770 of 3445
Charleston, WV$158,000$124,000 to $206,0000.78x$203,000#697 of 3445
Jackson, MS$157,000$123,000 to $205,0000.79x$199,000#768 of 3445

Skills that increase VP of Real Estate pay.

The premiums below are Orbyt's modelled scenarios for VP of Real Estates, not effects measured from job postings: each is a fixed percentage applied to the estimated base. At the top premium that works out to $28,700 a year.

LLM Fine-Tuning+14%

≈ +$28,700 per year

Reinforcement Learning+13%

≈ +$26,650 per year

CUDA+12%

≈ +$24,600 per year

RAG (Retrieval-Augmented Generation)+11%

≈ +$22,550 per year

Kubernetes+11%

≈ +$22,550 per year

Transformers+10%

≈ +$20,500 per year

Rust+10%

≈ +$20,500 per year

PyTorch+9%

≈ +$18,450 per year

What you should know.

VP of Real Estate compensation scales with team size under management, scope of organizational responsibility, and track record of hiring and retaining talent. Equity is a major component at roughly 35% of base — candidates should weight stock grants as heavily as salary when comparing offers. Within sales, quota attainment history and industry specialization (enterprise SaaS, cyber, AI) drive the widest variance, with top performers earning 2x on-target.

VP of Real Estates progress from individual contributor to manager in 4 to 6 years, then to director in 8 to 12, with VP and C-suite levels requiring 15+ years and proven P&L track record. For VP of Real Estates specifically, the seniority anchor means roughly 12+ years of experience and demonstrated P&L or strategic leadership.

Total compensation for VP of Real Estates runs roughly $332K at median when factoring base + equity (35% of base annually) + bonus (20% of base). Equity is the single largest non-base component — candidates should model vesting schedules (typically 4-year with 1-year cliff) and compare grant values across offers carefully. In sales roles, on-target earnings (OTE) assume 100% quota attainment — actual total comp varies widely based on performance, with top performers often earning 150–200% of OTE.

Total compensation breakdown.

Base Salary
$205,000
Equity / Year
$72,000
Annual Bonus
20%
$41,000
Signing Bonus
$31,000
Total Comp
$318,000

Salary by company size

Startup
< 50 employees
$154,000
Growth
50-500 employees
$174,000
Scale-up
500-5K employees
$205,000
Public
5K+ employees
$267,000

Remote salary adjustment

Remote VP of Real Estates typically earn $195,000 (5% less than on-site). This reflects location-adjusted pay policies at companies using geographic salary bands. Some companies pay flat national rates regardless of location.

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Related.

Common questions about VP of Real Estate pay.

Orbyt estimates the national median VP of Real Estate salary at $205,000 in 2026, within a range of $160,000 to $267,000. This is a computed estimate, not a measured wage. Where you land depends on your experience, skills, the company's size, and your location.

Entry level VP of Real Estates (0 to 2 years) typically earn $133,000 to $164,000. Mid level (3 to 5 years) run $174,000 to $215,000. Senior (6 to 9 years) reach $226,000 to $267,000, and lead level (10 plus years) $256,000 to $318,000.

With a national median of $205,000 and senior pay reaching $267,000 to $318,000, VP of Real Estate is a well compensated field. Pay varies by city, so compare cost of living adjusted numbers before judging any single offer.

Entry level VP of Real Estate roles start around $133,000 to $164,000. Candidates with strong internships, certifications, or portfolio work often negotiate toward the national median of $205,000.

Total compensation for VP of Real Estates runs roughly $332K at median when factoring base + equity (35% of base annually) + bonus (20% of base). Equity is the single largest non-base component, candidates should model vesting schedules (typically 4-year with 1-year cliff) and compare grant values across offers carefully. In sales roles, on-target earnings (OTE) assume 100% quota attainment, actual total comp varies widely based on performance, with top performers often earning 150, 200% of OTE.

VP of Real Estate compensation scales with team size under management, scope of organizational responsibility, and track record of hiring and retaining talent. Equity is a major component at roughly 35% of base, candidates should weight stock grants as heavily as salary when comparing offers. Within sales, quota attainment history and industry specialization (enterprise SaaS, cyber, AI) drive the widest variance, with top performers earning 2x on-target.

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