Property, Real Estate, and Community Association Managers in Hartford-West Hartford-East Hartford, CT, earn an impressive average annual salary of $85,380. This figure slightly surpasses the national average of $82,410, indicating a favorable compensation landscape within the region. Local economic factors and demand likely contribute to this competitive pay.
Executive Summary
- Average Salary: $85,380 per year.
- Growth Trend: Salaries have shifted 7.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,340.
- Outlook: With a local workforce of 820 professionals in this field and a Location Quotient of 0.72, the Hartford area presents a moderately concentrated but stable job market for Property, Real Estate, and Community Association Managers. While not exceeding the national concentration, the presence of a substantial workforce suggests consistent demand and opportunities for skilled individuals.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Hartford-West Hartford-East Hartford, CT earns+3.6%above the national average.
$41.1
$1,642
$7,115
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Property, Real Estate, and Community Association Managers in the Hartford-West Hartford-East Hartford, CT area have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing property values, evolving management complexities, and a persistent demand for skilled professionals in the real estate sector.
Property, Real Estate, and Community Association Managers Salary Distribution in Hartford-West Hartford-East Hartford, CT
Career progression for Property, Real Estate, and Community Association Managers in Hartford-West Hartford-East Hartford, CT, is typically marked by significant salary increases. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles, reflecting a clear career trajectory and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,660 | $19.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,035 | $30.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,140 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $106,725 | $51.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,340 | $62.7 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$85,380
Gross Pay
Real Wage (Purchasing Power)
$85,380
Adjusted for COL (100)
The nominal average salary of $85,380 in Hartford-West Hartford-East Hartford, CT, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial foundation for residents without the added pressure of higher living expenses.
Job Market Context
820
Total Jobs
1.384
Per 1K Jobs
0.72
Location Quotient
Hartford-West Hartford-East Hartford, CT has 0.72x 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.
The Location Quotient of 0.72 for Property, Real Estate, and Community Association Managers in Hartford-West Hartford-East Hartford, CT, suggests that this profession is slightly less concentrated than the national average. This indicates a potentially less saturated market, which could translate to more opportunities for qualified candidates seeking employment or career advancement.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Hartford-West Hartford-East Hartford, CT
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Hartford-West Hartford-East Hartford, CT?
The median annual salary for a Property, Real Estate, and Community Association Managers in Hartford-West Hartford-East Hartford, CT is $85,380. This typically ranges from $40,660 for entry-level positions to $130,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hartford-West Hartford-East Hartford, CT is 3.6% higher than the national median of $82,410.
Is Hartford-West Hartford-East Hartford, CT a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, it offers competitive compensation.The average salary of $85,380 exceeds the national average, and the cost of living is on par with the national index, making it a financially attractive location.
Is Hartford-West Hartford-East Hartford, CT a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Hartford-West Hartford-East Hartford, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hartford-West Hartford-East Hartford, CT?
Some top paying nearby cities include Connecticut nonmetropolitan area ($78,840) and Waterbury-Shelton, CT.
How does the Hartford salary compare to the national average?
The average salary in Hartford-West Hartford-East Hartford, CT, is $85,380, which is slightly higher than the national average of $82,410.
What is the cost of living in Hartford-West Hartford-East Hartford, CT?
The Cost of Living Index for Hartford-West Hartford-East Hartford, CT, is 100, which is exactly the national average.
How concentrated is the job market for Property Managers in Hartford?
The job market has a Location Quotient of 0.72, indicating it is slightly less concentrated than the national average, suggesting a potentially favorable environment for job seekers.
What is the total number of Property, Real Estate, and Community Association Managers in the Hartford area?
There are approximately 820 professionals employed in this field within the Hartford-West Hartford-East Hartford, CT, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 820 employees in the Hartford-West Hartford-East Hartford, CT area with a job density of 1.384 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 Hartford-West Hartford-East Hartford, CT