Property, Real Estate, and Community Association Managers in the Cape Coral-Fort Myers, FL area earn an average annual salary of $78,120. This figure is slightly below the national average of $82,410, suggesting a localized compensation structure influenced by regional economic factors and demand within the vibrant Florida market. The specific economic landscape and cost of living in this area play a significant role in shaping these salary benchmarks.
Executive Summary
- Average Salary: $78,120 per year.
- Growth Trend: Salaries have shifted 24.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,740.
- Outlook: With a local workforce of approximately 700 professionals in this sector, the Cape Coral-Fort Myers area demonstrates a notable concentration of Property, Real Estate, and Community Association Managers, as indicated by a Location Quotient of 1.2. This suggests a demand that slightly outpaces the national average, pointing towards a stable and potentially growing job market for these skilled individuals within the region.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Cape Coral-Fort Myers, FL earns-5.2%below the national average.
$37.6
$1,502
$6,510
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 Cape Coral-Fort Myers, FL have experienced a steady upward trend over the past four years, mirroring national patterns of wage growth. This growth is likely driven by increasing property values, evolving management complexities, and a consistent demand for skilled professionals in the real estate sector.
Property, Real Estate, and Community Association Managers Salary Distribution in Cape Coral-Fort Myers, FL
Career progression for Property, Real Estate, and Community Association Managers typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive portfolios and proven track records can command salaries well above the average, often reaching the 75th percentile and beyond. These percentile gaps clearly signify the substantial career advancement and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,290 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,590 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,990 | $29.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,650 | $46.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,740 | $63.3 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$78,120
Gross Pay
Real Wage (Purchasing Power)
$78,120
Adjusted for COL (100)
The average annual salary of $78,120 in Cape Coral-Fort Myers, FL aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a property manager's salary in this region is equivalent to the national average, offering a stable financial standing without the immediate pressure of higher or lower living expenses compared to the rest of the country.
Job Market Context
700
Total Jobs
2.317
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, Cape Coral-Fort Myers, FL 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 1.2 indicates that Property, Real Estate, and Community Association Managers are 20% more concentrated in Cape Coral-Fort Myers, FL than the national average. This suggests a robust and active market for these professionals, where demand is slightly higher relative to the national distribution, potentially leading to more opportunities and a competitive environment for talent.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Cape Coral-Fort Myers, FL
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Cape Coral-Fort Myers, FL?
The median annual salary for a Property, Real Estate, and Community Association Managers in Cape Coral-Fort Myers, FL is $78,120. This typically ranges from $37,290 for entry-level positions to $131,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cape Coral-Fort Myers, FL is 5.2% lower than the national median of $82,410.
Is Cape Coral-Fort Myers, FL a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, with a stable financial standing.While the average salary is slightly below the national average, the cost of living is also at the national average, making the nominal salary hold its purchasing power effectively.
Is Cape Coral-Fort Myers, FL a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Cape Coral-Fort Myers, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cape Coral-Fort Myers, FL?
Some top paying nearby cities include Punta Gorda, FL ($74,000) and North Port-Bradenton-Sarasota, FL.
How does the local salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Cape Coral-Fort Myers, FL is $78,120, which is slightly lower than the national average of $82,410.
What is the concentration of these managers in Cape Coral-Fort Myers, FL?
The concentration, measured by the Location Quotient, is 1.2, indicating that these professionals are 20% more prevalent in this area compared to the national average.
How does the cost of living affect the salary in Cape Coral-Fort Myers, FL?
The Cost of Living Index is 100, matching the national average. This means the $78,120 salary offers purchasing power equivalent to the national average.
What does the job market look like for these managers locally?
With a Location Quotient of 1.2 and 2.317 jobs per 1,000 workers, the market shows a healthy demand and concentration of these roles, suggesting good opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Cape Coral-Fort Myers, FL area with a job density of 2.317 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 Cape Coral-Fort Myers, FL