Average Property, Real Estate, and Community Association Managers Salary in Akron, OH
Property, Real Estate, and Community Association Managers in Akron, OH, earn an average annual salary of $67,740. This figure is notably below the national average of $82,410, suggesting that local market dynamics and potentially a lower cost of living influence compensation in this Ohio city. The concentration of these roles within Akron's workforce also plays a part in the prevailing salary structures.
Executive Summary
- Average Salary: $67,740 per year.
- Growth Trend: Salaries have shifted 17.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,090.
- Outlook: With a total local workforce of 530 individuals in this specialized field, Akron presents a moderate employment landscape for Property, Real Estate, and Community Association Managers. The Location Quotient of 0.86 indicates a slightly lower concentration of these professionals compared to the national average, suggesting that while the roles exist, the market may not be as saturated as in other regions, potentially offering stable opportunities for skilled individuals.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Akron, OH earns-17.8%below the national average.
$32.6
$1,303
$5,645
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Akron is not provided, it is generally assumed that salaries for Property, Real Estate, and Community Association Managers have seen consistent growth over the past four years, mirroring national trends. This growth is typically driven by increasing property values, evolving management complexities, and the demand for skilled professionals capable of navigating these changes.
Property, Real Estate, and Community Association Managers Salary Distribution in Akron, OH
Career progression for Property, Real Estate, and Community Association Managers in Akron, as elsewhere, is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive portfolios and proven track records can expect significantly higher compensation. The percentile gaps in salary distribution reflect this clear scaling, with senior roles often earning substantially more than their junior counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,670 | $19.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,805 | $24.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,050 | $27.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $84,675 | $40.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,090 | $51.5 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$67,740
Gross Pay
Real Wage (Purchasing Power)
$67,740
Adjusted for COL (100)
The average annual salary of $67,740 in Akron, OH, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national standard, indicating that the cost of goods and services in Akron is neither significantly higher nor lower than the typical American city, making the stated salary quite representative of local economic conditions.
Job Market Context
530
Total Jobs
1.656
Per 1K Jobs
0.86
Location Quotient
Akron, OH has 0.86x the national average concentration of Property, Real Estate, and Community Association Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
Akron's Location Quotient of 0.86 for Property, Real Estate, and Community Association Managers suggests a market that is slightly less concentrated than the national average. This implies that while the demand for these professionals is present, the supply might be relatively more balanced or even slightly lower compared to national benchmarks, potentially creating a competitive environment for employers seeking talent but offering steady opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Akron, OH
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Akron, OH?
The median annual salary for a Property, Real Estate, and Community Association Managers in Akron, OH is $67,740. This typically ranges from $39,670 for entry-level positions to $107,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Akron, OH is 17.8% lower than the national median of $82,410.
Is Akron, OH a lucrative place for Property, Real Estate, and Community Association Managerss?
No, but it offers stable value.While the average salary of $67,740 is below the national average, Akron's Cost of Living Index of 100 means your earnings retain their purchasing power relative to the national standard.
Is Akron, OH a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Akron, OH?
Some top paying nearby cities include Canton-Massillon, OH ($65,850) and Cleveland, OH.
How does Akron's salary compare to the national average for this role?
The average salary in Akron, OH, for Property, Real Estate, and Community Association Managers is $67,740, which is lower than the national average of $82,410.
What is the concentration of Property, Real Estate, and Community Association Managers in Akron?
Akron has a Location Quotient of 0.86 for this profession, indicating a slightly lower concentration of these roles compared to the national average.
Does the cost of living in Akron affect the salary?
Akron's Cost of Living Index is 100, which is the national average. This means the $67,740 salary offers purchasing power equivalent to the national average, despite being below the national salary benchmark.
How many Property, Real Estate, and Community Association Managers are there in Akron?
There are approximately 530 Property, Real Estate, and Community Association Managers employed in Akron, OH.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Akron, OH area with a job density of 1.656 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Property, Real Estate, and Community Association Managers • Data source: BLS OEWS 2024 •Jobs in Akron, OH