In Daphne-Fairhope-Foley, AL, Property, Real Estate, and Community Association Managers earn an average annual salary of $57,730. This figure is notably lower than the national average of $82,410, reflecting regional economic factors and the specific demand dynamics within this Alabama metropolitan area. Local market conditions and the cost of living play a significant role in shaping compensation for these essential roles.
Executive Summary
- Average Salary: $57,730 per year.
- Growth Trend: Salaries have shifted 6.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $78,800.
- Outlook: The job market for Property, Real Estate, and Community Association Managers in Daphne-Fairhope-Foley, AL, appears robust, with a total local workforce of 330 individuals in this profession. The Location Quotient of 2.02 indicates a significant concentration of these roles compared to the national average, suggesting a higher demand or a more specialized local industry that relies heavily on these skills.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Daphne-Fairhope-Foley, AL earns-29.9%below the national average.
$27.8
$1,110
$4,811
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Daphne-Fairhope-Foley, AL is not provided, it is generally assumed that salaries for Property, Real Estate, and Community Association Managers have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing property values, evolving management technologies, and a consistent demand for skilled professionals to oversee real estate assets and community associations.
Property, Real Estate, and Community Association Managers Salary Distribution in Daphne-Fairhope-Foley, AL
Career progression for Property, Real Estate, and Community Association Managers in Daphne-Fairhope-Foley, AL, is typically marked by increasing salary potential. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command significantly higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior roles highlights the value placed on expertise and proven management capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,920 | $17.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,298 | $20.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,030 | $23.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $72,163 | $34.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $78,800 | $37.9 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$57,730
Gross Pay
Real Wage (Purchasing Power)
$57,730
Adjusted for COL (100)
The nominal average annual salary of $57,730 in Daphne-Fairhope-Foley, AL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a manager's salary in this area is equivalent to the national standard, offering a stable financial environment for residents without the added pressure of a higher cost of living impacting their disposable income.
Job Market Context
330
Total Jobs
3.882
Per 1K Jobs
2.02
Location Quotient
Daphne-Fairhope-Foley, AL has 2.0x 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 2.02, Daphne-Fairhope-Foley, AL, demonstrates a job market that is more than twice as concentrated in Property, Real Estate, and Community Association Managers compared to the national average. This suggests a highly competitive environment for new entrants but also indicates a strong, established demand for these professionals within the local economy, potentially offering more opportunities for those already in the field.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Daphne-Fairhope-Foley, AL
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Daphne-Fairhope-Foley, AL?
The median annual salary for a Property, Real Estate, and Community Association Managers in Daphne-Fairhope-Foley, AL is $57,730. This typically ranges from $36,920 for entry-level positions to $78,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Daphne-Fairhope-Foley, AL is 29.9% lower than the national median of $82,410.
Is Daphne-Fairhope-Foley, AL a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not when compared to the national average salary.While the cost of living is on par with the national average, the average salary of $57,730 is significantly lower than the national average of $82,410, indicating less lucrative earning potential in nominal terms.
Is Daphne-Fairhope-Foley, AL a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Daphne-Fairhope-Foley, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Daphne-Fairhope-Foley, AL?
Some top paying nearby cities include Mobile, AL ($62,920) and Pensacola-Ferry Pass-Brent, FL.
How does the local workforce size impact job opportunities?
A local workforce of 330 suggests a substantial presence of these professionals, indicating a mature market. While this can mean competition, it also signifies consistent demand and established roles within the Daphne-Fairhope-Foley, AL area.
What does a Location Quotient of 2.02 mean for this profession?
A Location Quotient of 2.02 means that Property, Real Estate, and Community Association Managers are more than twice as concentrated in Daphne-Fairhope-Foley, AL, compared to the national average, highlighting a specialized demand for these roles in the region.
How does the Cost of Living Index affect salary perception?
With a Cost of Living Index of 100, the Daphne-Fairhope-Foley, AL area has a cost of living equivalent to the national average. Therefore, the $57,730 salary offers a purchasing power that matches the national standard, making it neither exceptionally high nor low in real terms.
What are the typical career paths for these managers?
Career paths often involve progressing from assistant property manager roles to full property manager, then potentially to regional manager or specialized roles in commercial real estate or community development, with corresponding salary increases at each level.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Daphne-Fairhope-Foley, AL area with a job density of 3.882 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 Daphne-Fairhope-Foley, AL