Property, Real Estate, or Community Association Manager Salary

Pay for Property, Real Estate, or Community Association Managers in the United States sits in the ballpark of $49K annually. Individual bonuses, profit sharing and commission for Property, Real Estate, or Community Association Managers — as high as $10K, $4K and $9K, respectively — each contribute to the degree of variation within overall compensation, ranging from $33K to $74K. Compensation for this group is mainly affected by geography, but the specific employer and tenure are influential factors as well. Men are in the minority of survey respondents, with female Property, Real Estate, or Community Association Managers making up 75 percent. The majority of workers are highly satisfied with their job. Although a strong majority have medical coverage and a majority have dental coverage, around one in four claim no health benefits at all. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$34,126 - $73,265
$34K
$49K
$73K
MEDIAN: $49,480
10%
50%
90%

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$13.36 - $26.28
$13
$18
$26
MEDIAN: $18.42
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$25K$50K$75K
Salary
$34,126 - $73,265  
   
Bonus
$147.40 - $10,034  
Profit Sharing
$0.00 - $4,000  
Commission
$979 - $9,060  
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).
)
$32,888 - $73,805  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 526
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$15$30$45
Hourly Rate
$13.36 - $26.28  
   
Overtime
$18.49 - $43.89  
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$30K$60K$90K
Bonus
$147.40 - $10,034  
   
Commission
$979 - $9,060  
Profit Sharing
$0.00 - $4,000  
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).
)
$32,888 - $73,805  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 119

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United States (change)

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Job Description for Property, Real Estate, or Community Association Manager

A property, real estate, or community association manager is an individual hired by a community association or a client (such as an individual property owner, a real estate brokerage, bank, or large corporation); a community association usually describes a condominium community, planned neighborhood, or similar community.

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Property, Real Estate, or Community Association Manager Tasks

  • Oversee daily operations and their documentation, including leasing, accounting, maintenance, and resident concerns.
  • Explain and enforce policies and regulations to visitors, tenants, and the community.
  • Coordinate vendors, maintenance projects, repairs, and upgrades.
  • Show the property to prospective tenants and explain terms of agreements.

Common Career Paths for Property, Real Estate, or Community Association Manager


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Property, Real Estate, or Community Association Managers who transition into a Portfolio Manager role may receive large pay increases as the latter position pays an average $90K per year. More often than not, an Apartment Manager role is the next step for Property, Real Estate, or Community Association Managers moving up in the field. Pay for Apartment Managers is usually $32K. Many Property, Real Estate, or Community Association Managers choose to take on a Commercial Property Manager role instead, where salaries are typically $56K.

Property, Real Estate, or Community Association Manager Job Listings

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Popular Employer Salaries for Property, Real Estate, or Community Association Manager


Education Realty Trust leads the field in terms of pay, with a median salary of $60K.

Popular Skills for Property, Real Estate, or Community Association Manager


Survey respondents exploit a significant toolbox of skills in their work. Most notably, facility with Financial Analysis, Sales Management, and Operations Management are correlated to pay that is significantly above average, leading to increases of 25 percent, 15 percent, and 8 percent, respectively. Skills that pay less than market rate include Account Management. Most people skilled in Budget Management are similarly competent in Customer Relations and Customer Service.

Pay by Experience Level for Property, Real Estate, or Community Association Manager

Pay by Experience for a Property, Real Estate, or Community Association Manager has a positive trend. An entry-level Property, Real Estate, or Community Association Manager with less than 5 years of experience can expect to earn an average total compensation of $44,000 based on 265 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Property, Real Estate, or Community Association Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $51,000 based on 224 salaries. An experienced Property, Real Estate, or Community Association Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $52,000 based on 225 salaries. A Property, Real Estate, or Community Association Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $54,000 based on 82 salaries.

Pay Difference by Location

National Average: $49,050

Larger city markers indicate a job is popular in that location.

Surpassing the national average by 33 percent, Property, Real Estate, or Community Association Managers in New York receive some of the highest pay in the country. Property, Real Estate, or Community Association Managers can also look forward to large paychecks in cities like Los Angeles (+28 percent), Orlando (+22 percent), Sacramento (+21 percent), and Dallas (+20 percent). With compensation 10 percent below the national average, Houston is not known for hefty paychecks and actually represents the lowest-paying market. Not at the bottom but still paying below the median are employers in San Diego and Phoenix (3 percent lower and 2 percent lower, respectively).

Property, Real Estate, or Community Association Manager Reviews

Q: What is it like working as a Property, Real Estate, or Community Association Manager?

Property, Real Estate, or Community Association Manager in Charleston:
"New Career 2015."
Pros: I like the fact that I work on my own in a virtual office. I do not have to report to a corporate setting anymore.
Cons: The job itself is up in the air. I do not have security with this job, nor do I have any benefits. (ie. Health, etc.)

Property, Real Estate, or Community Association Manager in Milwaukee:
"Comfortable work load, variety of work, challenging."
Pros: Management for the building, fun team to work with, variety of job responsibilities.
Cons: Low paying, student majority in current company, small company with little room for climbing ladder.

Property, Real Estate, or Community Association Manager in Hendersonville:
"Live-On-Site Apartment Community Manager."
Pros: Personal contact with all Residents, prospective Residents and Contractors. Managing all aspects of scope of work: community relations, maintenance needs, contractor vetting and supervising, supervising all projects on site. Stress level manageable, great flexibility in schedule, great company and owners to work for, short commute, small rent concession.
Cons: Non-emergency night calls from residents. People behaving badly on the property. Stress concerning personal finances.

Related Job Salaries

Key Stats for Property, Real Estate, or Community Association Manager

Gender

Female
75 %
Male
25 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 103 votes.
Less than 1 year
2%
1-4 years
31%
5-9 years
25%
10-19 years
29%
20 years or more
13%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Property, Real Estate, or Community Association Manager Salaries

▲11%

▲5%

▲4%

National Average
$49,000

▼10%

Skills That Affect Property, Real Estate, or Community Association Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 103 votes.

Gender

Female
75 %
Male
25 %

Years of Experience

Less than 1 year
2%
1-4 years
31%
5-9 years
25%
10-19 years
29%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 62%
vision benefits
Vision: 52%
no benefits
None: 27%