Average Property, Real Estate, and Community Association Managers Salary in Jackson, MS
In Jackson, MS, Property, Real Estate, and Community Association Managers earn an average annual salary of $58,570. This figure is notably below the national average of $82,410, reflecting regional economic factors and the specific demand dynamics within the Mississippi market. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $58,570 per year.
- Growth Trend: Salaries have shifted 11.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,640.
- Outlook: The local job market for Property, Real Estate, and Community Association Managers in Jackson, MS, comprises approximately 480 professionals. With a Location Quotient of 0.93, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally concentrated demand. The presence of 1.78 jobs per 1,000 workers indicates a consistent, albeit moderate, need for these management services within the community.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Jackson, MS earns-28.9%below the national average.
$28.2
$1,126
$4,881
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Jackson, MS, is not provided, it is generally assumed that salaries for Property, Real Estate, and Community Association Managers have seen incremental growth over the past four years, mirroring national trends. This growth is typically driven by increasing property values, evolving management complexities, and the ongoing need for skilled professionals to oversee real estate assets and community associations.
Property, Real Estate, and Community Association Managers Salary Distribution in Jackson, MS
Career progression for Property, Real Estate, and Community Association Managers in Jackson, MS, typically involves a significant salary increase 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 development can command salaries well above the average. The percentile gaps in salary distribution underscore the substantial earning potential as one advances through senior and specialized roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,600 | $18.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,928 | $21.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $51,460 | $24.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $73,213 | $35.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $97,640 | $46.9 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$58,570
Gross Pay
Real Wage (Purchasing Power)
$58,570
Adjusted for COL (100)
The average annual salary of $58,570 for Property, Real Estate, and Community Association Managers in Jackson, MS, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of a manager's salary in Jackson is equivalent to that of a manager earning the national average in a location with a national average cost of living. Therefore, the nominal salary translates directly to the national average standard of living.
Job Market Context
480
Total Jobs
1.78
Per 1K Jobs
0.93
Location Quotient
Jackson, MS has 0.93x 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 0.93, the market for Property, Real Estate, and Community Association Managers in Jackson, MS, is nearly on par with the national average in terms of concentration. This suggests a competitive landscape where the number of professionals is relatively balanced with the demand for their services. While not a significantly over-saturated market, employers may find a steady pool of qualified candidates, and professionals can expect a stable job environment.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Jackson, MS
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Jackson, MS?
The median annual salary for a Property, Real Estate, and Community Association Managers in Jackson, MS is $58,570. This typically ranges from $37,600 for entry-level positions to $97,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jackson, MS is 28.9% lower than the national median of $82,410.
Is Jackson, MS a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not exceptionally lucrative compared to the national average.While the salary of $58,570 is equivalent to the national average in terms of purchasing power due to the cost of living, it is significantly lower than the national average salary of $82,410.
Is Jackson, MS a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Jackson, MS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jackson, MS?
Some top paying nearby cities include Upper East Mississippi nonmetropolitan area ($50,290) and Lower East Mississippi nonmetropolitan area.
How does the Jackson, MS salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Jackson, MS, is $58,570, which is considerably lower than the national average of $82,410.
What is the cost of living in Jackson, MS for these professionals?
The cost of living in Jackson, MS, is exactly at the national average, indicated by an index of 100. This means your salary of $58,570 has the same purchasing power as it would in a typical US city.
How many Property, Real Estate, and Community Association Managers work in Jackson, MS?
There are approximately 480 Property, Real Estate, and Community Association Managers employed in Jackson, MS.
Is the job market for Property Managers in Jackson, MS competitive?
The job market is moderately competitive, with a Location Quotient of 0.93, indicating a concentration of these roles that is slightly below 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 480 employees in the Jackson, MS area with a job density of 1.78 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 Jackson, MS