Condominium Manager Salary

Median pay for Condominium Managers in the United States is around $53K annually. Career duration is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is reported as high by the vast majority of workers. Not all workers are lucky enough to have benefits; in fact, over a third are without coverage. Medical insurance is claimed by more than half and dental insurance is reported by more than a third. Women make up a slight majority of Condominium Managers (54 percent) survey respondents. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$35,227 - $84,491
(Median)
$35K
$53K
$84K
MEDIAN: $53,334
10%
50%
90%

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$10.07 - $32.93
(Median)
$10
$15
$33
MEDIAN: $14.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$29K$58K$87K
Salary
$35,227 - $84,491  
   
Bonus
$0.00 - $5,884  
Profit Sharing
$3,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,171 - $82,266  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 162
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$14$28$42
Hourly Rate
$10.07 - $32.93  
   
Overtime
$29.75  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Bonus
$0.00 - $5,884  
   
Profit Sharing
$3,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,171 - $82,266  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 22
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Job Description for Condominium Manager

While most condominiums are purchased and sold in the same ways as free-standing housing, most occupy either large buildings or wider property developments. Condominium managers are responsible for ensuring that the larger properties which house these dwellings are maintained in a safe and attractive manner. They may also help re-model or arrange repairs in a manner that conforms with property management regulations.

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Condominium Manager Tasks

  • Identify and solve problems, working for livability, efficiency, and increased property value.
  • Ensure condominium appearance and safety standards are maintained and costs communicated.
  • Coordinate meetings, including making presentations and providing estimates.
  • Coordinate with owners, board of directors, contractors, staff, and insurers.
  • Track and report on association dues payment and negligence.

Condominium Manager Job Listings

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Survey takers who work as Condominium Managers usually report a few specific skills. Most notably, skills in Budget Management, Project Management, People Management, and Customer Relationship Management (CRM) are correlated to pay that is above average. Skills that seem to negatively impact pay include Customer Relationship Management.

Pay by Experience Level for Condominium Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Condominium Managers with a lot of experience tend to enjoy higher earnings. Salaries of relatively inexperienced workers fall in the neighborhood of $41K, but folks who have racked up five to 10 years see a notably higher median of $52K. Condominium Managers who work for 10 to 20 years in their occupation tend to earn about $58K. People who have worked for more than 20 years report a median income of $64K, which is barely higher than the median for folks with 10 to 20 years of experience.

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Experience Affects Condominium Manager Salaries

Late-Career
up arrow 21%

Experienced
up arrow 11%

National Average
$53,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 21%

Skills That Affect Condominium Manager Salaries

Budget Management
up arrow 18%

Project Management
up arrow 11%

National Average
$53,000

People Management
up arrow 1%

Customer Relationship Management (CRM)
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
3%
1-4 years
25%
5-9 years
23%
10-19 years
27%
20 years or more
21%

Common Health Benefits

medical benefits
Medical: 58%
dental benefits
Dental: 35%
medical benefits
Vision: 23%
dental benefits
None: 38%
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