Property, Real Estate, or Community Association Manager Salary

Property, Real Estate, or Community Association Managers in the United States take home approximately $46K annually on average. Final cash compensation to Property, Real Estate, or Community Association Managers varies from around $30K to approximately $71K; choice pay grades include potential for bonuses and profit sharing as high as $10K and $9K, respectively. Geography is the biggest factor affecting pay for this group, followed by career length. Job satisfaction for Property, Real Estate, or Community Association Managers is high. Men are in the minority of survey respondents, with female Property, Real Estate, or Community Association Managers making up 74 percent. Health benefits are not claimed by all — slightly less than a third lack any form of coverage — but more than half have medical insurance, and the larger part have dental, too. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$31,096 - $69,986
(Median)
$31K
$46K
$70K
MEDIAN: $46,298
10%
50%
90%

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$11.93 - $23.93
(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
$31,096 - $69,986  
   
Bonus
$0.00 - $9,785  
Profit Sharing
$0.00 - $8,726  
Commission
$0.42 - $14,504  
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).
)
$30,329 - $71,170  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 944
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$13$26$39
Hourly Rate
$11.93 - $23.93  
   
Overtime
$1.53 - $36.26  
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$26K$52K$78K
Bonus
$0.00 - $9,785  
   
Commission
$0.42 - $14,504  
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).
)
$30,329 - $71,170  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 189
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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 who transition into a Regional Director of Property Management role may receive large pay increases as the latter position pays an average $75K per year. Becoming an Apartment Manager is, more often than not, the most common role that Property, Real Estate, or Community Association Managers move into when they're ready for the next step in their career. A median salary for an Apartment Manager is $31K. Another frequent advance is for Property, Real Estate, or Community Association Managers to assume a Commercial Property Manager role; in this role, workers often take home $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 4 percent and 14 percent. Skills that are correlated to lower pay, on the other hand, include Sales, Customer Relations, and Real Estate. Skill sets containing Property Management also tend to include Customer Service and Customer Relations. Most people experienced in 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.


For Property, Real Estate, or Community Association Managers, experience does not seem to be a major factor in determining pay. 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 $48K. On average, Property, Real Estate, or Community Association Managers make $50K following one to two decades on the job. 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.

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

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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



Operations Management
up arrow 4%

Project Management
up arrow 3%

Accounting
up arrow 1%

Property Management
0%

Customer Service
0%

Customer Relationship Management (CRM)
0%

National Average
$46,000

Microsoft Office
up arrow 2%

Maintenance
up arrow 2%

Account Management
up arrow 3%

Real Estate
up arrow 3%

Sales Management
up arrow 3%


up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 205 votes.

Gender

Female
74 %
Male
26 %

Years of Experience

Less than 1 year
2%
1-4 years
28%
5-9 years
27%
10-19 years
32%
20 years or more
11%

Common Health Benefits

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