Property, Real Estate, or Community Association Manager Salary

Property, Real Estate, or Community Association Managers in the United States can expect wages of $50K per year on average. Overall incomes of Property, Real Estate, or Community Association Managers — including $10K bonuses, $4K profit sharing proceeds, and $10K commissions on the more lucrative end — generally ranges between $33K and $77K. Geographic location is the main element affecting pay for this group — the company and tenure are driving factors as well. Health benefits are not claimed by all — approximately one in four lack any form of coverage — but a fair number have medical insurance, and the greater part have dental, too. The majority of workers are highly satisfied with their job. Most Property, Real Estate, or Community Association Managers survey respondents are women (76 percent). The figures in this rundown are based on the results of PayScale's salary questionnaire.

$34,807 - $76,752
$35K
$50K
$77K
MEDIAN: $50,195
10%
50%
90%

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$13.56 - $24.83
$14
$18
$25
MEDIAN: $18.03
10%
50%
90%

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$0$77K
Salary $34,807 - $76,752
Bonus $151.01 - $11,645
Profit Sharing $0.00 - $3,985
Commission $824 - $17,452
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).
)
$33,293 - $77,630
  • Country: United States
  • Currency: USD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 575
Hourly Data $0$92
Hourly Rate $13.56 - $24.83
Overtime $16.73 - $92.57
Annual Data $0$77K
Bonus $151.01 - $11,645
Commission $824 - $17,452
Profit Sharing $0.00 - $3,985
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).
)
$33,293 - $77,630
  • Country: United States
  • Currency: USD
  • Updated: 13 Oct 2017
  • Individuals Reporting: 133

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. Going from Community Association Manager to Apartment Manager is the transition that occurs most often in this field, and the average paycheck for Apartment Managers is $32K. Many others choose to work as Commercial Property Managers, where pay is typically $56K.

Property, Real Estate, or Community Association Manager Job Listings

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


Property, Real Estate, or Community Association Managers seeking a sizable paycheck can earn the most at Education Realty Trust, where the average salary comes to $60K.

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


Survey participants wield an impressively varied skill set on the job. Most notably, facility with Financial Analysis, Sales Management, and Operations Management are correlated to pay that is significantly above average, leading to increases of 23 percent, 13 percent, and 7 percent, respectively. Skills that are correlated to lower pay, on the other hand, 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: $49,712

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

Home to some of the best pay for Property, Real Estate, or Community Association Managers, New York offers exceptional salaries, 30 percent above the national average. Property, Real Estate, or Community Association Managers will also find cushy salaries in Los Angeles (+26 percent), Orlando (+20 percent), Sacramento (+19 percent), and Dallas (+18 percent). The smallest paychecks in the market, 12 percent south of the national average, can be found in Houston. Employers pay around 5 percent less in San Diego and 4 percent less in Phoenix, below-median salaries for those in this field.

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 Indianapolis:
"Job."
Pros: Flexibilty.
Cons: Ling hours, large region.

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.

Property, Real Estate, or Community Association Manager in Yuba City:
"Thankless Job."
Pros: I love helping people find a new place to live.
Cons: Compensation, Living on-site, out of pocket cost for position.

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

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

▲9%

▲4%

▲3%

National Average
$50,000

▼11%

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

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 138 votes.

Gender

Female
76 %
Male
24 %

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: 72%
dental benefits
Dental: 60%
vision benefits
Vision: 50%
no benefits
None: 26%