Property, Real Estate, and Community Association Managers in the Boston-Cambridge-Newton, MA-NH area earn an impressive average annual salary of $101,320, significantly outpacing the national average of $82,410. This elevated compensation is largely driven by the region's robust economic activity, high demand for skilled professionals in property management, and the concentration of complex real estate markets that necessitate expert oversight.
Executive Summary
- Average Salary: $101,320 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $160,470.
- Outlook: The Boston-Cambridge-Newton, MA-NH metropolitan area supports a substantial local workforce of 4,970 Property, Real Estate, and Community Association Managers. With a Location Quotient of 0.95, the concentration of these roles is nearly on par with the national average, indicating a stable and consistent demand for professionals in this field within the region.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Boston-Cambridge-Newton, MA-NH earns+22.9%above the national average.
$48.7
$1,948
$8,443
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for this exact role and region over four years isn't provided, it's reasonable to assume a positive salary growth trend for Property, Real Estate, and Community Association Managers in a dynamic metropolitan area like Boston-Cambridge-Newton. Factors such as increasing property values, evolving tenant expectations, and the need for sophisticated management strategies typically drive salary increases in this sector.
Property, Real Estate, and Community Association Managers Salary Distribution in Boston-Cambridge-Newton, MA-NH
Career progression for Property, Real Estate, and Community Association Managers in Boston-Cambridge-Newton, MA-NH is strongly tied to experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive portfolios and specialized skills can command salaries in the upper percentiles, reflecting a significant salary gap that signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $55,550 | $26.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,990 | $36.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $93,490 | $44.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $126,650 | $60.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $160,470 | $77.1 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$101,320
Gross Pay
Real Wage (Purchasing Power)
$101,320
Adjusted for COL (100)
The average annual salary of $101,320 in Boston-Cambridge-Newton, MA-NH aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is effectively equivalent to the national average, suggesting that the higher pay compensates for the comparable cost of living.
Job Market Context
4,970
Total Jobs
1.834
Per 1K Jobs
0.95
Location Quotient
Boston-Cambridge-Newton, MA-NH has 0.95x 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 0.95 suggests that the Boston-Cambridge-Newton, MA-NH area has a slightly lower concentration of Property, Real Estate, and Community Association Managers compared to the national average. This indicates a healthy job market where demand is present but not overwhelmingly saturated, offering a balanced environment for both job seekers and employers.
Nearby Job Markets
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Comparing salaries near Boston-Cambridge-Newton, MA-NH
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Boston-Cambridge-Newton, MA-NH?
The median annual salary for a Property, Real Estate, and Community Association Managers in Boston-Cambridge-Newton, MA-NH is $101,320. This typically ranges from $55,550 for entry-level positions to $160,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boston-Cambridge-Newton, MA-NH is 22.9% higher than the national median of $82,410.
Is Boston-Cambridge-Newton, MA-NH a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, it is a lucrative place.The average salary of $101,320 significantly exceeds the national average, and while the cost of living is average, the higher pay provides a strong financial advantage.
Is Boston-Cambridge-Newton, MA-NH a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Boston-Cambridge-Newton, MA-NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Boston-Cambridge-Newton, MA-NH?
Some top paying nearby cities include Massachusetts nonmetropolitan area ($99,230) and Worcester, MA.
How does the Boston-Cambridge-Newton, MA-NH salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Boston-Cambridge-Newton, MA-NH is $101,320, which is considerably higher than the national average of $82,410.
What is the concentration of Property, Real Estate, and Community Association Managers in this area?
The concentration, measured by the Location Quotient, is 0.95, indicating that the proportion of these professionals in the local workforce is very close to the national average.
How does the Cost of Living Index affect the salary in Boston-Cambridge-Newton, MA-NH?
With a Cost of Living Index of 100, the local cost of living is on par with the national average. Therefore, the higher nominal salary of $101,320 translates to a comparable purchasing power to the national average salary.
What does the total local workforce number signify?
The total local workforce of 4,970 indicates a substantial number of professionals in this field within the Boston-Cambridge-Newton, MA-NH area, suggesting a significant market for property management services.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,970 employees in the Boston-Cambridge-Newton, MA-NH area with a job density of 1.834 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 Boston-Cambridge-Newton, MA-NH