Average Property, Real Estate, and Community Association Managers Salary in Asheville, NC
Property, Real Estate, and Community Association Managers in Asheville, NC, earn an average annual salary of $72,660. This figure is approximately 12% below the national average of $82,410. Local market dynamics, including demand and the specific nature of property management roles within Asheville's unique economic landscape, contribute to this compensation difference.
Executive Summary
- Average Salary: $72,660 per year.
- Growth Trend: Salaries have shifted 11.5% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,140.
- Outlook: With a total local workforce of 350 professionals in this field and a Location Quotient of 0.97, the job market for Property, Real Estate, and Community Association Managers in Asheville is stable and closely mirrors national concentration levels. While not significantly overrepresented, the consistent presence suggests a steady demand for these essential management services within the community.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Asheville, NC earns-11.8%below the national average.
$34.9
$1,397
$6,055
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Asheville is not provided, it is generally assumed that salaries for Property, Real Estate, and Community Association Managers across the United States have experienced steady growth over the past four years, driven by increasing property values and the complexity of managing diverse real estate portfolios. This trend likely extends to Asheville, reflecting broader economic factors and evolving industry demands.
Property, Real Estate, and Community Association Managers Salary Distribution in Asheville, NC
Salary progression for Property, Real Estate, and Community Association Managers is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience in property acquisition, tenant relations, and financial oversight can expect to earn substantially more. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, clearly signifies robust career advancement opportunities within this profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,940 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,495 | $26.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,260 | $28.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,825 | $43.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,140 | $59.7 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$72,660
Gross Pay
Real Wage (Purchasing Power)
$72,660
Adjusted for COL (100)
The average annual salary of $72,660 for Property, Real Estate, and Community Association Managers in Asheville aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the nominal salary holds its purchasing power directly against the national average, indicating a balanced economic environment where earnings are commensurate with the cost of living.
Job Market Context
350
Total Jobs
1.858
Per 1K Jobs
0.97
Location Quotient
Asheville, NC has 0.97x 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.
The Location Quotient of 0.97 for Property, Real Estate, and Community Association Managers in Asheville suggests a job market that is nearly on par with the national average in terms of professional concentration. This indicates a healthy and competitive market where the number of professionals is well-balanced with the demand for their services, without being overly saturated or scarce.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Asheville, NC
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Asheville, NC?
The median annual salary for a Property, Real Estate, and Community Association Managers in Asheville, NC is $72,660. This typically ranges from $38,940 for entry-level positions to $124,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Asheville, NC is 11.8% lower than the national median of $82,410.
Is Asheville, NC a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not more lucrative than the national average.While the salary of $72,660 is solid, it falls below the national average of $82,410. However, the cost of living is also at the national average, meaning the purchasing power of the salary is comparable.
Is Asheville, NC a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Asheville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Asheville, NC?
Some top paying nearby cities include Greenville-Anderson-Greer, SC ($77,260) and Johnson City, TN.
How does Asheville's job market compare to the national average for this role?
Asheville's job market for Property, Real Estate, and Community Association Managers is very similar to the national average, with a Location Quotient of 0.97, indicating a comparable concentration of these professionals.
What is the average number of Property, Real Estate, and Community Association Managers per 1,000 workers in Asheville?
In Asheville, there are approximately 1.858 Property, Real Estate, and Community Association Managers for every 1,000 workers in the local workforce.
How does experience impact salary for this role in Asheville?
Experience is a key driver of salary for Property, Real Estate, and Community Association Managers. Senior roles with greater responsibility and a proven track record command significantly higher salaries than entry-level positions.
Is the cost of living in Asheville higher or lower than the national average?
The cost of living in Asheville, NC, is exactly at the national average, with a Cost of Living Index of 100.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Asheville, NC area with a job density of 1.858 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 Asheville, NC