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Real Estate Average Salaries in Mombasa 2020

How much money does a person working in Real Estate make in Mombasa?


Average Monthly Salary
178,000 KES
( 2,130,000 KES yearly)

LOW
97,200
KES
AVERAGE
178,000
KES
HIGH
278,000
KES

A person working in Real Estate in Mombasa typically earns around 178,000 KES per month. Salaries range from 97,200 KES (lowest average) to 278,000 KES (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different Real Estate careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Salaries for specific jobs

Job TitleAverage Salary
Acquisition Associate121,000 KES
Assistant Leasing Manager164,000 KES
Assistant Property Manager165,000 KES
Brokerage144,000 KES
Commercial Leasing Manager230,000 KES
Commercial Real Estate Manager236,000 KES
Community Development Manager197,000 KES
Compliance Specialist145,000 KES
Development Coordinator128,000 KES
Lease Administrator166,000 KES
Leasing Agent128,000 KES
Leasing Consultant157,000 KES
Leasing Manager180,000 KES
Lettings Assistant93,200 KES
Portfolio Analyst 201,000 KES
Portfolio Manager221,000 KES
Property Acquisition Agent150,000 KES
Property and Claims Specialist161,000 KES
Property Manager188,000 KES
Property Operations Manager217,000 KES
Property Tax Assistant130,000 KES
Real Estate Administrator158,000 KES
Real Estate Agent132,000 KES
Real Estate Analyst172,000 KES
Real Estate Appraiser197,000 KES
Real Estate Assistant124,000 KES
Real Estate Association Manager174,000 KES
Real Estate Broker142,000 KES
Real Estate General Manager250,000 KES
Real Estate Project Manager188,000 KES
Real Estate Sales Agent131,000 KES
Real Estate Valuer165,000 KES
Research Analyst135,000 KES
Residential Advisor151,000 KES
Residential Property Manager193,000 KES
Shopping Center Manager229,000 KES
Town Planner232,000 KES

Real Estate Jobs Salary Distribution in Mombasa

Median and salary distribution monthly Mombasa Real Estate
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The median, the maximum, the minimum, and the range

  • Salary Range

    Real Estate salaries in Mombasa range from 97,200 KES per month (minimum average salary) to 278,000 KES per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 192,000 KES per month, which means that half (50%) of people working in Real Estate are earning less than 192,000 KES while the other half are earning more than 192,000 KES. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of people working in Real Estate are earning less than 130,000 KES while 75% of them are earning more than 130,000 KES. Also from the diagram, 75% of people working in Real Estate are earning less than 254,000 KES while 25% are earning more than 254,000 KES.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.


Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.


Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.


Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Kenya costs anywhere from 740,000 Kenyan Shilling(s) to 2,220,000 Kenyan Shilling(s) and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Real Estate Salary Comparison By Gender

Salary comparison by gender monthly Kenya Real Estate
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees earn 13% more than their female counterparts.

Female
155,000 KES
Male+13%
176,000 KES
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Kenya for all Careers

Salary comparison by gender monthly Kenya
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Government vs Private Sector Salary Comparison

Public vs private sector salaries monthly Kenya
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Where can you get paid more, working for a private company or for the government? Public sector employees in Kenya earn 14% more than their private sector counterparts.

Private Sector
141,000 KES
Public Sector+14%
160,000 KES
Percentage increase and decrease are relative to the previous value

Real Estate Salary Forecast and Trend in Kenya

How do Real Estate salaries change over time? Listed below is a chart that shows the average salary in recent years.

Salary trends and forecast monthly Kenya Real Estate
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Average Salary 2016
145,000 KES
Average Salary 2017+4%
150,000 KES
Average Salary 2018+2%
153,000 KES
Average Salary 2019+3%
157,000 KES
Percentage increase and decrease are relative to the previous value

Real Estate salaries in Kenya are rising in the year 2020 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 3% higher than those of 2018. The trend suggests a slow yet continuous increase in pay in 2021 and future years. These numbers may vary from industry to another.

Real Estate Hourly Average Wage in Mombasa


1,020 KES per hour

The average hourly wage (pay per hour) in Mombasa is 1,020 KES. This means that the average person in Mombasa earns approximately 1,020 KES for every worked hour.


Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Real Estate VS Other Jobs

Salary Comparison Between Real Estate and Real Estate monthly Mombasa
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The average salary for Real Estate is 10% more than that of All Jobs.

Mombasa VS Kenya

Salary Comparison Between Mombasa and Kenya monthly Real Estate
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We compared Real Estate salaries in Mombasa and Kenya and we found that Mombasa salaries are 9% more than those of Kenya.

Salary Comparison By City

CityAverage Salary
Kisumu158,000 KES
Mombasa178,000 KES
Nairobi194,000 KES
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