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Property, Real Estate, or Community Association Manager Salary

Median pay for Property, Real Estate, or Community Association Managers in the United States lies in the neighborhood of $46K per year. Total cash earnings of Property, Real Estate, or Community Association Managers range from $30K on the low end to $71K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $10K and $9K, respectively. Geographic location and career duration each impact pay for this group, with the former having the largest influence. While just under one in three report receiving no health benefits, more than half do receive medical coverage, and a majority have dental, as well. Most Property, Real Estate, or Community Association Managers like their work and job satisfaction is high. Men are in the minority of survey respondents, with female Property, Real Estate, or Community Association Managers making up 74 percent.

$30,781 - $70,442
(Median)
$31K
$46K
$70K
MEDIAN: $46,198
10%
50%
90%

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$11.85 - $24.10
(Median)
$12
$16
$24
MEDIAN: $15.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$30,781 - $70,442  
   
Bonus
$0.00 - $9,759  
Profit Sharing
$0.00 - $8,726  
Commission
$1.00 - $14,000  
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).
)
$30,029 - $71,356  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 983
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$11.85 - $24.10  
   
Overtime
$1.57 - $34.62  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$0.00 - $9,759  
   
Commission
$1.00 - $14,000  
Profit Sharing
$0.00 - $8,726  
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).
)
$30,029 - $71,356  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 203

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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

  • Coordinate vendors, maintenance projects, repairs, and upgrades.
  • Show the property to prospective tenants and explain terms of agreements.
  • 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.

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


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Property, Real Estate, or Community Association Managers may experience a large salary bump if they progress into a role such as Regional Director of Property Management. The latter position pays an average of $75K annually. An Apartment Manager role is the most common promotion for Property, Real Estate, or Community Association Managers moving up the ladder. Pay for this role tends to be $31K per year. Another typical, albeit less common, transition for Property, Real Estate, or Community Association Managers is a Commercial Property Manager position, where earnings are usually $56K.

Property, Real Estate, or Community Association Manager Job Listings

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


Property, Real Estate, or Community Association Managers seem to exploit a large range of skills on the job. Most notably, skills in Financial Analysis, Budget Management, Operations Management, and Project Management are correlated to pay that is above average, with boosts between 5 percent and 18 percent. Skills that pay less than market rate include Sales, Customer Relations, and Real Estate. Those who learned Property Management also tend to know Customer Service and Customer Relations. 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

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


For Property, Real Estate, or Community Association Managers, experience does not seem to be a major factor in determining pay. Survey participants with less than five years' experience pocket $40K on average, but those with five to 10 years of experience enjoy a much bigger median of $48K. People with 10 to 20 years of experience make an average of about $50K in this role. Property, Real Estate, or Community Association Managers who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $56K.

Property, Real Estate, or Community Association Manager Reviews

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

United States (change)

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




National Average
$46,000


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




Project Management
up arrow 4%

Accounting
up arrow 2%

Customer Relationship Management (CRM)
up arrow 1%

Property Management
0%

Customer Service
0%

National Average
$46,000

Maintenance
up arrow 1%

Account Management
up arrow 2%

Microsoft Office
up arrow 2%

Real Estate
up arrow 3%

Sales Management
up arrow 3%


up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 228 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
2%
1-4 years
29%
5-9 years
27%
10-19 years
31%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 69% dental benefits Dental: 57%
vision benefits Vision: 41% employee benefits None: 29%
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