Property, Real Estate, and Community Association Managers in Central North Carolina's nonmetropolitan areas earn an average annual salary of $54,800. This figure is notably lower than the national average of $82,410, reflecting the economic dynamics and potentially lower demand characteristic of nonmetropolitan regions. The specific economic landscape and industry concentration within this area directly influence compensation levels for these vital roles.
Executive Summary
- Average Salary: $54,800 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $82,260.
- Outlook: The job market for Property, Real Estate, and Community Association Managers in this nonmetropolitan North Carolina region appears to be relatively stable, albeit with a lower concentration compared to national averages. With a total local workforce of 200 and a Location Quotient of 0.43, the demand for these professionals is present but not as pronounced as in more urbanized or specialized areas. The presence of 0.827 jobs per 1,000 workers indicates a consistent, though not booming, need for these management services.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Central North Carolina nonmetropolitan area earns-33.5%below the national average.
$26.4
$1,054
$4,567
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for this niche role in this particular nonmetropolitan area isn't provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic recovery and evolving property management needs likely contributed to modest salary growth, even in less densely populated regions. This suggests a positive, albeit potentially slower, trajectory for compensation in this field.
Property, Real Estate, and Community Association Managers Salary Distribution in Central North Carolina nonmetropolitan area
Career progression for Property, Real Estate, and Community Association Managers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience in managing diverse portfolios and complex associations can command salaries well above the average. The percentile gaps in earnings clearly signify the value placed on accumulated expertise and proven track records in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,130 | $15.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $41,100 | $19.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $40,180 | $19.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $68,500 | $32.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $82,260 | $39.5 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$54,800
Gross Pay
Real Wage (Purchasing Power)
$54,800
Adjusted for COL (100)
The nominal salary of $54,800 in Central North Carolina's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the gross income is lower than the national average, the purchasing power of that income is comparable to the national standard. Therefore, the salary offers a standard of living equivalent to the national average, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
200
Total Jobs
0.827
Per 1K Jobs
0.43
Location Quotient
At 0.43x, Central North Carolina nonmetropolitan area has a notably lower concentration of Property, Real Estate, and Community Association Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.43 indicates that Property, Real Estate, and Community Association Managers are less concentrated in this nonmetropolitan North Carolina area compared to the national average. This suggests that the job market is not saturated, and while demand may be lower than in metropolitan hubs, there could be fewer professionals competing for available roles. This scenario might offer a degree of job security for skilled individuals, but also points to a less robust overall industry presence.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Central North Carolina nonmetropolitan area
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Central North Carolina nonmetropolitan area?
The median annual salary for a Property, Real Estate, and Community Association Managers in Central North Carolina nonmetropolitan area is $54,800. This typically ranges from $32,130 for entry-level positions to $82,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central North Carolina nonmetropolitan area is 33.5% lower than the national median of $82,410.
Is Central North Carolina nonmetropolitan area a lucrative place for Property, Real Estate, and Community Association Managerss?
No, it is not considered a highly lucrative area.The average salary of $54,800 is significantly below the national average, and the lower location quotient suggests less industry concentration and potentially fewer high-paying opportunities.
Is Central North Carolina nonmetropolitan area a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Central North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central North Carolina nonmetropolitan area?
Some top paying nearby cities include Greensboro-High Point, NC ($68,370) and Pinehurst-Southern Pines, NC.
How does the cost of living affect the $54,800 salary?
With a Cost of Living Index of 100, the $54,800 salary offers purchasing power equivalent to the national average, meaning your money goes just as far as it would in a typical US location.
What does a Location Quotient of 0.43 mean for job seekers?
A Location Quotient below 1.0 signifies that this profession is less common in the area compared to the national average. This could mean fewer job openings but also potentially less competition for those roles.
Is the job market for Property Managers growing in this region?
While specific growth rates aren't detailed, the presence of 0.827 jobs per 1,000 workers suggests a steady, albeit not rapid, demand for these professionals in the Central North Carolina nonmetropolitan area.
How much more can experienced Property Managers earn?
Experience is a key driver of salary. Senior Property, Real Estate, and Community Association Managers can expect to earn substantially more than the $54,800 average, with significant percentile gaps reflecting their expertise.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Central North Carolina nonmetropolitan area area with a job density of 0.827 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 Central North Carolina nonmetropolitan area