Average Property, Real Estate, and Community Association Managers Salary in California
Property, Real Estate, and Community Association Managers in California earn an impressive average annual salary of $87,120. This figure notably surpasses the national average of $82,410, indicating a premium placed on these roles within the state. The higher compensation is likely driven by California's dynamic real estate market, complex regulatory environment, and the significant value of properties managed.
Executive Summary
- Average Salary: $87,120 per year.
- Growth Trend: Salaries have shifted 15.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $152,520.
- Outlook: With a substantial local workforce of 50,410 professionals, California demonstrates a robust demand for Property, Real Estate, and Community Association Managers. The Location Quotient of 1.45 further underscores this, signifying that the concentration of these roles in California is 45% higher than the national average. This indicates a strong and potentially growing job market for these specialists within the state.
Salary Overview
The average Property, Real Estate, and Community Association Managers in California earns+5.7%above the national average.
$41.9
$1,675
$7,260
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 California have experienced steady growth over the past four years. This trend would align with the general upward trajectory of real estate values and property management complexities, necessitating competitive compensation to attract and retain skilled professionals in this vital sector.
Property, Real Estate, and Community Association Managers Salary Distribution in California
Career progression for Property, Real Estate, and Community Association Managers in California is typically marked by significant salary increases. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized certifications can command salaries well into the upper percentiles, reflecting their increased responsibility, expertise, and proven track record in managing diverse portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,540 | $19 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,340 | $31.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,140 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,900 | $52.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $152,520 | $73.3 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$87,120
Gross Pay
Real Wage (Purchasing Power)
$62,903
Adjusted for COL (138.5)
While the average annual salary of $87,120 in California is attractive, it's crucial to consider the state's Cost of Living Index of 138.5. This means that everyday expenses are approximately 38.5% higher than the national average. Therefore, the purchasing power of the $87,120 salary, while still strong, is somewhat tempered by these elevated living costs, requiring careful financial planning.
Job Market Context
50,410
Total Jobs
2.792
Per 1K Jobs
1.45
Location Quotient
With a location quotient of 1.45, California has a slightly higher-than-average concentration of Property, Real Estate, and Community Association Managers roles compared to the national norm.
The Location Quotient of 1.45 for Property, Real Estate, and Community Association Managers in California strongly suggests a market where these professionals are in higher demand relative to the national average. This indicates a more concentrated and potentially competitive job landscape, where employers may need to offer attractive compensation and benefits to secure top talent.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near California
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in California?
The median annual salary for a Property, Real Estate, and Community Association Managers in California is $87,120. This typically ranges from $39,540 for entry-level positions to $152,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in California is 5.7% higher than the national median of $82,410.
Is California a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, California is a lucrative state for these professionals.The average salary of $87,120 significantly exceeds the national average, and the high concentration of these roles (LQ of 1.45) points to strong demand and competitive pay.
Is California a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in California is 138.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near California?
Some top paying nearby cities include Hanford-Corcoran, CA ($71,160) and Visalia, CA.
How does California's salary compare to the national average for this role?
Property, Real Estate, and Community Association Managers in California earn an average of $87,120 annually, which is $4,710 higher than the national average of $82,410.
What is the concentration of Property, Real Estate, and Community Association Managers in California?
California has a concentration, or Location Quotient, of 1.45 for these roles, meaning they are 45% more prevalent than the national average, indicating a strong presence in the state's job market.
How does the cost of living affect the $87,120 salary in California?
With a Cost of Living Index of 138.5, California is significantly more expensive than the national average. This means the $87,120 salary, while high in nominal terms, will have less purchasing power compared to areas with a lower cost of living.
What does the job market look like for these managers in California?
The job market appears robust, with a large workforce of 50,410 and a high concentration (LQ 1.45), suggesting consistent demand and opportunities for skilled professionals in property and real estate management.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50,410 employees in the California area with a job density of 2.792 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 California