Condominium Manager Salary

Earnings for Condominium Managers in the United States come in at around $53K per year on average. Career length and the particular city each impact pay for this group, with the former having the largest influence. Women Condominium Managers who took the survey just slightly outnumber men. Most workers in this position report high levels of job satisfaction. While more than a third report receiving no health benefits, a majority do receive medical coverage, and over a third have dental, as well. Participants in PayScale's salary questionnaire provided the particulars of this report.
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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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Condominium Managers report a focused set of job 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 pay less than market rate include Customer Relationship Management.

Pay by Experience Level for Condominium Manager

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


Experience is an important factor influencing the compensation of Condominium Managers. Salaries for the relatively untried average out to around $41K, but survey participants with five to 10 years of experience earn a significantly higher median of $52K. The average pay reported by folks with 10 to 20 years of experience is around $58K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $64K.

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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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