Property, Real Estate, and Community Association Managers in Eastern North Carolina's nonmetropolitan areas earn an average annual salary of $57,650. This figure is notably lower than the national average of $82,410, reflecting the economic dynamics and potentially lower demand for specialized management roles in less densely populated regions. The specific economic conditions and industry concentration within this area directly influence the compensation offered to these professionals.
Executive Summary
- Average Salary: $57,650 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,230.
- Outlook: The job market for Property, Real Estate, and Community Association Managers in Eastern North Carolina's nonmetropolitan area appears stable, with a total local workforce of 550 individuals in this role. The Location Quotient of 1.08 suggests a concentration of these jobs slightly above the national average, indicating a steady, albeit not booming, demand within the region. This moderate concentration implies a consistent need for these services without overwhelming competition.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Eastern North Carolina nonmetropolitan area earns-30.0%below the national average.
$27.7
$1,109
$4,804
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for this niche role in Eastern North Carolina's nonmetropolitan areas isn't provided, it's reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Factors such as inflation, increasing property values, and evolving management complexities likely contribute to incremental salary increases, aiming to keep local compensation competitive within the regional economic landscape.
Property, Real Estate, and Community Association Managers Salary Distribution in Eastern North Carolina nonmetropolitan area
Career progression for Property, Real Estate, and Community Association Managers 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 extensive experience in property management, leasing, and community relations can command salaries well above the average. The percentile gaps in salary distribution clearly signify the rewards of accumulating expertise and taking on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,960 | $15.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,238 | $20.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $53,160 | $25.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $72,063 | $34.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $79,230 | $38.1 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$57,650
Gross Pay
Real Wage (Purchasing Power)
$57,650
Adjusted for COL (100)
The average annual salary of $57,650 in Eastern North Carolina's nonmetropolitan areas aligns precisely with the national average cost of living index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that income is comparable to the national standard. Consequently, the financial impact of relocating for this role is neutral in terms of cost of living, making the decision hinge more on career opportunities and lifestyle preferences.
Job Market Context
550
Total Jobs
2.085
Per 1K Jobs
1.08
Location Quotient
With a location quotient of 1.08, Eastern North Carolina nonmetropolitan area has a slightly higher-than-average concentration of Property, Real Estate, and Community Association Managers roles compared to the national norm.
With a Location Quotient of 1.08, the job market for Property, Real Estate, and Community Association Managers in Eastern North Carolina's nonmetropolitan areas is slightly more concentrated than the national average. This suggests a healthy presence of these roles relative to the overall workforce, indicating a stable demand. While not a hyper-concentrated market, the slightly elevated quotient points to a consistent need for skilled professionals in property and community management within the region.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Eastern North Carolina nonmetropolitan area
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Eastern North Carolina nonmetropolitan area?
The median annual salary for a Property, Real Estate, and Community Association Managers in Eastern North Carolina nonmetropolitan area is $57,650. This typically ranges from $32,960 for entry-level positions to $79,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern North Carolina nonmetropolitan area is 30.0% lower than the national median of $82,410.
Is Eastern North Carolina nonmetropolitan area a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not when compared to national averages.The average salary of $57,650 is significantly lower than the national average of $82,410. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.
Is Eastern North Carolina nonmetropolitan area a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Eastern North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern North Carolina nonmetropolitan area?
Some top paying nearby cities include Greensboro-High Point, NC ($68,370) and Pinehurst-Southern Pines, NC.
How does the local workforce size impact job prospects?
A local workforce of 550 suggests a moderate-sized market. While not extremely large, it indicates a consistent presence and demand for Property, Real Estate, and Community Association Managers, ensuring opportunities exist.
What does a Location Quotient of 1.08 signify?
A Location Quotient of 1.08 means this profession is 8% more concentrated in Eastern North Carolina's nonmetropolitan areas than the national average. This implies a slightly higher availability of jobs relative to the general job market.
How does experience affect salary in this region?
Experience is a key driver of salary. Entry-level positions will earn less, while senior managers with proven track records in managing properties and communities can expect compensation significantly above the $57,650 average.
Is relocating to Eastern North Carolina for this job financially advantageous?
Financially, the advantage is neutral due to the cost of living matching the national average. While the salary is lower, your money will go just as far as it would nationally, making the decision based on other factors.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Eastern North Carolina nonmetropolitan area area with a job density of 2.085 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 Eastern North Carolina nonmetropolitan area