Property, Real Estate, and Community Association Managers in the Baltimore-Columbia-Towson, MD area earn an impressive average annual salary of $101,380. This figure significantly surpasses the national average of $82,410, indicating a strong demand and potentially higher cost of doing business within this metropolitan region. The local economic landscape and the specific needs of its real estate market likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $101,380 per year.
- Growth Trend: Salaries have shifted 37.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,390.
- Outlook: With a local workforce of 2,300 professionals in this field, the Baltimore-Columbia-Towson area demonstrates a substantial presence of Property, Real Estate, and Community Association Managers. The Location Quotient of 0.89 suggests a concentration slightly below the national average, implying that while the market is robust, there may be room for growth and opportunity for skilled professionals entering the region.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Baltimore-Columbia-Towson, MD earns+23.0%above the national average.
$48.7
$1,950
$8,448
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Property, Real Estate, and Community Association Managers in the Baltimore-Columbia-Towson area have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing property values, evolving management technologies, and a dynamic housing market typically drive upward salary adjustments in this sector.
Property, Real Estate, and Community Association Managers Salary Distribution in Baltimore-Columbia-Towson, MD
Career progression for Property, Real Estate, and Community Association Managers is typically marked by a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive portfolios and specialized skills can command salaries well into the upper percentiles, reflecting their expertise and proven track record in managing complex properties and associations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,180 | $28 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,035 | $36.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,540 | $37.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $126,725 | $60.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $166,390 | $80 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$101,380
Gross Pay
Real Wage (Purchasing Power)
$101,380
Adjusted for COL (100)
The average annual salary of $101,380 in Baltimore-Columbia-Towson, MD aligns perfectly with the national average Cost of Living Index of 100. This means that the higher nominal salary effectively translates to purchasing power that is on par with the national average, offering a stable financial outlook for professionals in this region.
Job Market Context
2,300
Total Jobs
1.713
Per 1K Jobs
0.89
Location Quotient
Baltimore-Columbia-Towson, MD has 0.89x 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.
A Location Quotient of 0.89 indicates that Property, Real Estate, and Community Association Managers are slightly less concentrated in Baltimore-Columbia-Towson, MD compared to the national average. This suggests a healthy, but not oversaturated, job market where demand for skilled professionals is present, offering a balanced environment for both employers seeking talent and individuals looking for career opportunities.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Baltimore-Columbia-Towson, MD
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Property, Real Estate, and Community Association Managers in Baltimore-Columbia-Towson, MD is $101,380. This typically ranges from $58,180 for entry-level positions to $166,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 23.0% higher than the national median of $82,410.
Is Baltimore-Columbia-Towson, MD a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, it is a lucrative area.The average salary of $101,380 significantly exceeds the national average, and the cost of living is at the national average, indicating strong earning potential.
Is Baltimore-Columbia-Towson, MD a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($78,820) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the local workforce size impact job opportunities?
A local workforce of 2,300 indicates a substantial market for these professionals, suggesting consistent demand for their services in managing properties and associations.
What does a Location Quotient of 0.89 mean for job seekers?
A Location Quotient slightly below 1.0 suggests that while the profession is well-represented, it's not overly saturated, potentially offering a good balance of opportunities and competition.
How does the cost of living in Baltimore-Columbia-Towson compare nationally?
The Cost of Living Index is exactly 100, meaning it is the same as the national average, making the higher salary directly beneficial for residents.
Are there more jobs per 1,000 workers in Baltimore compared to the national average?
With 1.713 jobs per 1,000 workers, this metric indicates a solid presence of these roles within the local economy, aligning with the overall robust salary figures.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,300 employees in the Baltimore-Columbia-Towson, MD area with a job density of 1.713 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 Baltimore-Columbia-Towson, MD