Average Property, Real Estate, and Community Association Managers Salary in Fort Wayne, IN
Property, Real Estate, and Community Association Managers in Fort Wayne, IN earn an average annual salary of $68,730. This figure is notably below the national average of $82,410, reflecting localized economic factors and market demand specific to the Fort Wayne area. The cost of living in Fort Wayne aligns perfectly with the national average, suggesting that while nominal salaries are lower, purchasing power may remain relatively stable.
Executive Summary
- Average Salary: $68,730 per year.
- Growth Trend: Salaries have shifted 10.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,610.
- Outlook: The job market for Property, Real Estate, and Community Association Managers in Fort Wayne, IN, shows a moderate presence with a total local workforce of 210 individuals. The Location Quotient of 0.5 indicates that this profession is less concentrated in Fort Wayne compared to the national average, suggesting a potentially less saturated but also less robust demand for these specialized roles within the immediate region.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Fort Wayne, IN earns-16.6%below the national average.
$33
$1,322
$5,728
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 across the United States, including in markets like Fort Wayne, have experienced steady growth over the past four years. This trend is typically driven by increasing property values, evolving management complexities, and a sustained demand for skilled professionals to oversee real estate assets and community associations.
Property, Real Estate, and Community Association Managers Salary Distribution in Fort Wayne, IN
Career progression for Property, Real Estate, and Community Association Managers in Fort Wayne, IN, is marked by increasing earning potential with experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive expertise and a proven track record can expect to earn significantly more. The percentile gaps in salary distribution underscore the substantial rewards associated with advancing through the ranks and acquiring specialized skills in property management.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,690 | $21 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,548 | $24.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,750 | $29.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,913 | $41.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $117,610 | $56.5 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$68,730
Gross Pay
Real Wage (Purchasing Power)
$68,730
Adjusted for COL (100)
The average annual salary of $68,730 for Property, Real Estate, and Community Association Managers in Fort Wayne, IN, is directly comparable to the national average cost of living index of 100. This means that the nominal salary earned in Fort Wayne offers a purchasing power that is on par with the national average, indicating a balanced economic environment where the cost of goods and services aligns with the typical income levels for this profession.
Job Market Context
210
Total Jobs
0.955
Per 1K Jobs
0.5
Location Quotient
Fort Wayne, IN has 0.50x 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.
With a Location Quotient of 0.5, the market for Property, Real Estate, and Community Association Managers in Fort Wayne, IN, is less concentrated than the national average. This suggests that while there may be fewer job opportunities relative to other regions, the competition for these roles might also be less intense, potentially offering a unique advantage for skilled professionals entering or already established in the local market.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Fort Wayne, IN
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Fort Wayne, IN?
The median annual salary for a Property, Real Estate, and Community Association Managers in Fort Wayne, IN is $68,730. This typically ranges from $43,690 for entry-level positions to $117,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Wayne, IN is 16.6% lower than the national median of $82,410.
Is Fort Wayne, IN a lucrative place for Property, Real Estate, and Community Association Managerss?
No, but it offers stable purchasing power.While the average salary of $68,730 is below the national average, the cost of living in Fort Wayne is also at the national average. This means your earnings will likely provide a comparable standard of living to other areas.
Is Fort Wayne, IN a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Fort Wayne, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Wayne, IN?
Some top paying nearby cities include Lima, OH ($58,930) and Elkhart-Goshen, IN.
How does Fort Wayne's salary compare to the national average for this role?
The average annual salary for Property, Real Estate, and Community Association Managers in Fort Wayne, IN, is $68,730, which is lower than the national average of $82,410.
What is the concentration of this job in Fort Wayne compared to the rest of the country?
The Location Quotient for this role in Fort Wayne is 0.5, indicating that the profession is half as concentrated in Fort Wayne as it is nationally.
How many Property, Real Estate, and Community Association Managers work in Fort Wayne?
There are approximately 210 Property, Real Estate, and Community Association Managers employed in Fort Wayne, IN.
Does the cost of living in Fort Wayne affect the salary comparison?
Yes, the cost of living in Fort Wayne is exactly at the national average (100). This means the lower nominal salary of $68,730 provides a purchasing power equivalent to 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 210 employees in the Fort Wayne, IN area with a job density of 0.955 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 Fort Wayne, IN