In Detroit-Warren-Dearborn, MI, Property, Real Estate, and Community Association Managers earn an average annual salary of $69,820. This figure is notably below the national average of $82,410, reflecting localized economic conditions and demand within the region. The specific dynamics of the Detroit-Warren-Dearborn market play a significant role in shaping compensation for these essential roles.
Executive Summary
- Average Salary: $69,820 per year.
- Growth Trend: Salaries have shifted 9.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,440.
- Outlook: The Detroit-Warren-Dearborn metropolitan area supports a local workforce of 2,990 Property, Real Estate, and Community Association Managers. With a Location Quotient of 0.81, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The presence of nearly 3,000 professionals indicates a mature market with ongoing opportunities for skilled individuals.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Detroit-Warren-Dearborn, MI earns-15.3%below the national average.
$33.6
$1,343
$5,818
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Property, Real Estate, and Community Association Managers in the Detroit-Warren-Dearborn area have experienced gradual growth over the past four years. This trend is often driven by increases in property values, evolving management practices, and the general economic climate of the region, leading to modest but consistent salary adjustments.
Property, Real Estate, and Community Association Managers Salary Distribution in Detroit-Warren-Dearborn, MI
Career progression for Property, Real Estate, and Community Association Managers in Detroit-Warren-Dearborn typically correlates with increased earnings. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The salary spectrum reflects a clear path for advancement and increased earning potential as one climbs the career ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,680 | $18.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,365 | $25.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,740 | $28.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,275 | $42 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,440 | $50.7 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$69,820
Gross Pay
Real Wage (Purchasing Power)
$69,820
Adjusted for COL (100)
The average annual salary of $69,820 in Detroit-Warren-Dearborn aligns perfectly with the national Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of goods and services in the region is neither a significant advantage nor a disadvantage compared to the rest of the country.
Job Market Context
2,990
Total Jobs
1.565
Per 1K Jobs
0.81
Location Quotient
Detroit-Warren-Dearborn, MI has 0.81x 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 0.81 indicates that Property, Real Estate, and Community Association Manager roles are slightly less concentrated in Detroit-Warren-Dearborn compared to the national average. This suggests that while the job market is active with 1.565 jobs per 1,000 workers, it may be less competitive than in areas with higher LQs, potentially offering a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
| City | Salary | Dist. |
|---|---|---|
| Ann Arbor, MI Property, Real Estate, and Community Association Managers Salary | $70,690↑ 1% | 35 mi |
| Toledo, OH Property, Real Estate, and Community Association Managers Salary | $70,770↑ 1% | 54 mi |
| Flint, MI Property, Real Estate, and Community Association Managers Salary | $60,460↓ 13% | 58 mi |
| Sandusky, OH Property, Real Estate, and Community Association Managers Salary | $54,870↓ 21% | 64 mi |
Comparing salaries near Detroit-Warren-Dearborn, MI
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Detroit-Warren-Dearborn, MI?
The median annual salary for a Property, Real Estate, and Community Association Managers in Detroit-Warren-Dearborn, MI is $69,820. This typically ranges from $38,680 for entry-level positions to $105,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Detroit-Warren-Dearborn, MI is 15.3% lower than the national median of $82,410.
Is Detroit-Warren-Dearborn, MI a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not exceptionally lucrative compared to the national average.While the average salary of $69,820 is substantial, it falls below the national average of $82,410. However, the cost of living is also at the national average, meaning the purchasing power is comparable.
Is Detroit-Warren-Dearborn, MI a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Detroit-Warren-Dearborn, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Detroit-Warren-Dearborn, MI?
Some top paying nearby cities include Ann Arbor, MI ($70,690) and Toledo, OH.
How does the Detroit-Warren-Dearborn salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Detroit-Warren-Dearborn is $69,820, which is lower than the national average of $82,410.
What is the cost of living in Detroit-Warren-Dearborn, MI?
The Cost of Living Index for Detroit-Warren-Dearborn is 100, which is exactly the national average, indicating average living expenses.
How many Property, Real Estate, and Community Association Managers work in Detroit-Warren-Dearborn, MI?
There are approximately 2,990 Property, Real Estate, and Community Association Managers employed in the Detroit-Warren-Dearborn metropolitan area.
Is the job market for Property, Real Estate, and Community Association Managers strong in Detroit-Warren-Dearborn, MI?
The market is stable with a Location Quotient of 0.81, indicating a presence slightly below the national average concentration, suggesting a balanced demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,990 employees in the Detroit-Warren-Dearborn, MI area with a job density of 1.565 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 Detroit-Warren-Dearborn, MI