Property, Real Estate, and Community Association Managers in the Bridgeport-Stamford-Danbury, CT area earn an impressive average annual salary of $94,520. This figure significantly outpaces the national average of $82,410, indicating a strong demand and higher compensation for these professionals within this specific Connecticut region. The localized economic factors and the concentration of real estate activity likely contribute to this elevated pay scale.
Executive Summary
- Average Salary: $94,520 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,700.
- Outlook: With a local workforce of 870 professionals in this field and a Location Quotient of 1.12, the Bridgeport-Stamford-Danbury area demonstrates a healthy concentration of Property, Real Estate, and Community Association Managers relative to the national average. This suggests a robust job market with consistent demand for skilled individuals in property management and community association oversight within this metropolitan area.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Bridgeport-Stamford-Danbury, CT earns+14.7%above the national average.
$45.4
$1,818
$7,877
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 Bridgeport-Stamford-Danbury, CT region have experienced steady growth over the past four years. This trend is generally observed across the industry, driven by increasing property values, evolving management complexities, and the ongoing need for skilled professionals to oversee diverse real estate portfolios.
Property, Real Estate, and Community Association Managers Salary Distribution in Bridgeport-Stamford-Danbury, CT
Career progression for Property, Real Estate, and Community Association Managers typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive track records in complex property management or large-scale community associations can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles highlights the value placed on expertise and proven performance in this sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,590 | $23.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,890 | $34.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,570 | $39.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,150 | $56.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $158,700 | $76.3 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$94,520
Gross Pay
Real Wage (Purchasing Power)
$94,520
Adjusted for COL (100)
The average annual salary of $94,520 in Bridgeport-Stamford-Danbury, CT aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a manager's salary in this region is equivalent to the national standard, allowing for a comparable lifestyle without significant financial strain due to living expenses.
Job Market Context
870
Total Jobs
2.161
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Bridgeport-Stamford-Danbury, CT has a slightly higher-than-average concentration of Property, Real Estate, and Community Association Managers roles compared to the national norm.
A Location Quotient of 1.12 signifies that Property, Real Estate, and Community Association Managers are 12% more concentrated in the Bridgeport-Stamford-Danbury, CT area than the national average. This suggests a slightly more competitive market, but also indicates a strong presence and established demand for these specialized roles within the region's real estate landscape.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Bridgeport-Stamford-Danbury, CT
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Bridgeport-Stamford-Danbury, CT?
The median annual salary for a Property, Real Estate, and Community Association Managers in Bridgeport-Stamford-Danbury, CT is $94,520. This typically ranges from $49,590 for entry-level positions to $158,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bridgeport-Stamford-Danbury, CT is 14.7% higher than the national median of $82,410.
Is Bridgeport-Stamford-Danbury, CT a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, it is a lucrative area.Professionals in this field earn approximately $12,110 more than the national average, with a cost of living that matches the national index, making it financially advantageous.
Is Bridgeport-Stamford-Danbury, CT a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?
Some top paying nearby cities include New Haven, CT ($75,090) and Waterbury-Shelton, CT.
How does the local salary compare to the national average?
Property, Real Estate, and Community Association Managers in Bridgeport-Stamford-Danbury, CT earn an average of $94,520 annually, which is $12,110 higher than the national average of $82,410.
What is the concentration of these jobs in the area?
The Location Quotient is 1.12, meaning there are 12% more Property, Real Estate, and Community Association Managers in this region compared to the national average, indicating a strong local presence.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. This means the higher local salary of $94,520 offers purchasing power equivalent to the national average, making it a financially stable location.
What is the total number of these professionals in the area?
There are approximately 870 Property, Real Estate, and Community Association Managers employed within the Bridgeport-Stamford-Danbury, CT metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 870 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 2.161 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 Bridgeport-Stamford-Danbury, CT