Property, Real Estate, or Community Association Manager Salary

Earnings for Property, Real Estate, or Community Association Managers in the United States come in at around $49K annually on average. Final cash compensation to Property, Real Estate, or Community Association Managers varies from around $33K to approximately $73K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $5K, respectively. This group's pay is mainly influenced by geography, followed by the specific employer and tenure. Most Property, Real Estate, or Community Association Managers survey respondents are women (76 percent). Most Property, Real Estate, or Community Association Managers like their work and job satisfaction is high. Unfortunately, some people in this line of work are without benefits — approximately one in four lack coverage. On the flip side, a strong majority have medical insurance and the larger part receive dental plans. The numbers in this rundown were provided by PayScale's salary survey participants.

$33,810 - $71,695
$34K
$49K
$72K
MEDIAN: $49,006
10%
50%
90%

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$12.94 - $25.91
$13
$18
$26
MEDIAN: $18.28
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
$33,810 - $71,695  
   
Bonus
$101.74 - $9,702  
Profit Sharing
$0.00 - $4,932  
Commission
$1,000 - $9,826  
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).
)
$32,510 - $72,673  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 553
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
$12.94 - $25.91  
   
Overtime
$18.49 - $42.15  
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
$101.74 - $9,702  
   
Commission
$1,000 - $9,826  
Profit Sharing
$0.00 - $4,932  
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).
)
$32,510 - $72,673  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 123

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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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For Property, Real Estate, or Community Association Managers, progressing to a Portfolio Manager role may result in a significant raise. On average, a Portfolio Manager can earn $90K annually. Property, Real Estate, or Community Association Managers go on to become Apartment Managers more often than anything even though median pay for the role is $32K. Property, Real Estate, or Community Association Managers who move into a Commercial Property Manager role, another well-traveled path for those in this field, tend to find salaries of $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


The biggest paychecks can be found at Education Realty Trust — the median salary there is $60K.

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


Survey results imply that Property, Real Estate, or Community Association Managers deploy a substantial tool kit of skills at work. Most notably, facility with Financial Analysis, Sales Management, and Budget Management are correlated to pay that is significantly above average, leading to increases of 24 percent, 12 percent, and 9 percent, respectively. At the other end of the pay range are skills like Sales and Account Management. Most people who know Budget Management also know 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.


Property, Real Estate, or Community Association Managers with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Those in the early stages of their career can expect to make around $44K; however, individuals with five to 10 years of experience bring in $50K on average — a distinctly larger sum. Property, Real Estate, or Community Association Managers with one to two decades of relevant experience report an average salary of approximately $51K. After two decades in the workforce, the average Community Association Manager generally earns more than ever; median pay for this group is estimated at $54K.

Pay Difference by Location

National Average: $48,578

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

For Property, Real Estate, or Community Association Managers, working in the bustling city of New York has its advantages, including an above-average pay rate. Property, Real Estate, or Community Association Managers can also look forward to large paychecks in cities like Los Angeles (+26 percent), Orlando (+24 percent), Sacramento (+22 percent), and Dallas (+19 percent). The lowest-paying market is Houston, which sits 14 percent below the national average. Minneapolis and San Diego are a couple other places where companies are known to pay below the median — salaries are 10 percent lower and 5 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
76 %
Male
24 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 103 votes.
Less than 1 year
3%
1-4 years
30%
5-9 years
24%
10-19 years
30%
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
76 %
Male
24 %

Years of Experience

Less than 1 year
3%
1-4 years
30%
5-9 years
24%
10-19 years
30%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 62%
vision benefits
Vision: 51%
dental benefits
None: 27%
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