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Average Property, Real Estate, and Community Association Managers Salary in Cleveland, OH

Property, Real Estate, and Community Association Managers in Cleveland, OH, earn an average annual salary of $74,700. This figure is slightly below the national average of $82,410, reflecting localized market dynamics and demand within the Ohio region. Factors such as the cost of living and the concentration of these roles contribute to this pay differential.

Executive Summary

  • Average Salary: $74,700 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $128,980.
  • Outlook: With a local workforce of 1,900 professionals in this field, Cleveland presents a stable, albeit not exceptionally concentrated, market for Property, Real Estate, and Community Association Managers. The Location Quotient of 0.95 suggests that the presence of these roles is nearly on par with the national average, indicating a steady demand that aligns with the size of the local professional pool.
2024 Market Data

Salary Overview

$74,700

The average Property, Real Estate, and Community Association Managers in Cleveland, OH earns-9.4%below the national average.

BreakdownBased on 40h/week
Hourly

$35.9

Weekly

$1,437

Monthly

$6,225

Property, Real Estate, and Community Association Managers Salary Distribution in Cleveland, OH

Career progression for Property, Real Estate, and Community Association Managers in Cleveland is typically marked by increasing salary potential. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles, significantly exceeding the average. These percentile gaps underscore the value of accumulated expertise and demonstrated success in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,720$21
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$56,025$26.9
ManagerOversees team, compliance, and project delivery.50% (Median)$58,450$28.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$93,375$44.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$128,980$62

Detailed Property, Real Estate, and Community Association Managers Market Analysis

Relocation Context

Nominal Salary

$74,700

Gross Pay

Real Wage (Purchasing Power)

$74,700

Adjusted for COL (100)

The nominal average salary of $74,700 in Cleveland, OH, is well-aligned with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Property, Real Estate, and Community Association Manager's salary in Cleveland is comparable to the national standard, offering a stable financial environment for residents.

Job Market Context

1,900

Total Jobs

1.828

Per 1K Jobs

0.95

Location Quotient

Below Average

Cleveland, OH has 0.95x the national average concentration of Property, Real Estate, and Community Association Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.95 for Property, Real Estate, and Community Association Managers in Cleveland indicates a job market that is closely aligned with the national average in terms of concentration. This suggests a competitive yet accessible landscape where opportunities are present but not overwhelmingly abundant compared to national hubs, requiring professionals to be well-qualified.

Nearby Job Markets

Hiring Property, Real Estate, and Community Association Managerss?

Frequently Asked Questions

How much does a Property, Real Estate, and Community Association Managers make in Cleveland, OH?

The median annual salary for a Property, Real Estate, and Community Association Managers in Cleveland, OH is $74,700. This typically ranges from $43,720 for entry-level positions to $128,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cleveland, OH is 9.4% lower than the national median of $82,410.

Is Cleveland, OH a lucrative place for Property, Real Estate, and Community Association Managerss?

Moderately. The average salary is slightly below the national average, but the cost of living is also at the national average.While the average salary of $74,700 is below the national benchmark, the cost of living in Cleveland is exactly at the national average. This balance means that the purchasing power of the salary is comparable to national standards, making it a stable, though not exceptionally high-paying, market.

Is Cleveland, OH a good place to live for Property, Real Estate, and Community Association Managers?

The Cost of Living Index in Cleveland, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cleveland, OH?

Some top paying nearby cities include Akron, OH ($67,740) and Canton-Massillon, OH.

What is the average salary for Property, Real Estate, and Community Association Managers in Cleveland, OH?

The average annual salary for Property, Real Estate, and Community Association Managers in Cleveland, OH is $74,700.

How does Cleveland's salary compare to the national average for this role?

The average salary in Cleveland ($74,700) is slightly lower than the national average ($82,410).

What is the Cost of Living Index in Cleveland, OH?

The Cost of Living Index in Cleveland, OH is 100, which is the national average.

How concentrated are Property, Real Estate, and Community Association Manager roles in Cleveland?

The concentration, measured by the Location Quotient, is 0.95, indicating that the presence of these roles is nearly on par with the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,900 employees in the Cleveland, OH area with a job density of 1.828 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.