Average Property, Real Estate, and Community Association Managers Salary in Charleston, WV
In Charleston, WV, Property, Real Estate, and Community Association Managers earn an average annual salary of $61,140. This figure is notably below the national average of $82,410, reflecting regional economic factors and the specific demand within the local market. While the nominal salary may seem lower, it's crucial to consider the local economic landscape when evaluating compensation.
Executive Summary
- Average Salary: $61,140 per year.
- Growth Trend: Salaries have shifted 3.8% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $121,670.
- Outlook: The Charleston, WV market for Property, Real Estate, and Community Association Managers appears stable, with a total local workforce of 310 individuals in this role. The concentration, indicated by a Location Quotient of 1.5, suggests a slightly higher presence of these professionals compared to the national average, implying a consistent, albeit not booming, demand for their services within the state capital.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Charleston, WV earns-25.8%below the national average.
$29.4
$1,176
$5,095
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Charleston, WV is not provided, it's reasonable to assume that salaries for Property, Real Estate, and Community Association Managers have seen gradual growth over the past four years, mirroring national trends. Economic recovery, increased property values, and evolving management complexities likely contribute to a steady upward trajectory in compensation, even if the pace differs from larger metropolitan areas.
Property, Real Estate, and Community Association Managers Salary Distribution in Charleston, WV
Career progression for Property, Real Estate, and Community Association Managers in Charleston, WV, typically involves significant salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with a proven track record in managing larger portfolios or complex associations can command salaries well above the average. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,910 | $14.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $45,855 | $22 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,140 | $24.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $76,425 | $36.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $121,670 | $58.5 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$61,140
Gross Pay
Real Wage (Purchasing Power)
$61,140
Adjusted for COL (100)
The average annual salary of $61,140 in Charleston, WV, aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of a Property, Real Estate, and Community Association Manager's salary in Charleston is comparable to that of someone earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary effectively translates to a standard standard of living.
Job Market Context
310
Total Jobs
2.881
Per 1K Jobs
1.5
Location Quotient
Charleston, WV has 1.5x the national concentration of Property, Real Estate, and Community Association Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.5, Charleston, WV, exhibits a concentration of Property, Real Estate, and Community Association Managers that is 50% higher than the national average. This suggests a more robust local market for these professionals relative to the general workforce, indicating a solid demand and a potentially competitive environment for both employers seeking talent and individuals seeking employment in this sector.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Charleston, WV
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Charleston, WV?
The median annual salary for a Property, Real Estate, and Community Association Managers in Charleston, WV is $61,140. This typically ranges from $29,910 for entry-level positions to $121,670 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston, WV is 25.8% lower than the national median of $82,410.
Is Charleston, WV a lucrative place for Property, Real Estate, and Community Association Managers?
No, not exceptionally lucrative compared to the national average.While the salary of $61,140 is at the national average for cost of living, it significantly trails the national average salary for this profession. The market shows a higher concentration of these roles, suggesting steady demand but not necessarily premium compensation.
Is Charleston, WV a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Charleston, WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charleston, WV?
Some top paying nearby cities include Huntington-Ashland, WV-KY-OH ($62,380) and Beckley, WV.
How does the Charleston, WV salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Charleston, WV, is $61,140, which is considerably lower than the national average of $82,410.
What is the concentration of Property, Real Estate, and Community Association Managers in Charleston, WV?
Charleston, WV has a Location Quotient of 1.5 for this profession, meaning the concentration of these roles is 50% higher than the national average.
How does the cost of living in Charleston, WV affect the salary?
The cost of living in Charleston, WV, is at the national average (100). This means the $61,140 salary offers a purchasing power equivalent to the national average, despite being below the national average salary for the role.
What does the job market look like for Property Managers in Charleston, WV?
The job market appears stable with a slightly higher concentration of professionals in this field than the national average, indicating consistent demand within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Charleston, WV area with a job density of 2.881 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 Charleston, WV