In Kalamazoo-Portage, MI, Property, Real Estate, and Community Association Managers earn an average annual salary of $68,520. This figure is notably below the national average of $82,410, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $68,520 per year.
- Growth Trend: Salaries have shifted 10.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $109,700.
- Outlook: The local job market for Property, Real Estate, and Community Association Managers in Kalamazoo-Portage, MI, comprises approximately 200 professionals. While the total workforce size is modest, the Location Quotient of 0.86 indicates a concentration slightly below the national average, suggesting a stable but not exceptionally high demand for these roles within the area.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Kalamazoo-Portage, MI earns-16.9%below the national average.
$32.9
$1,318
$5,710
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 nation, including in Kalamazoo-Portage, have experienced a steady upward trend over the past four years. This growth is typically driven by inflation, increased demand for housing and property management services, and evolving industry standards.
Property, Real Estate, and Community Association Managers Salary Distribution in Kalamazoo-Portage, MI
Career progression for Property, Real Estate, and Community Association Managers in Kalamazoo-Portage, MI, is marked by a significant salary increase with experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more, with higher percentile gaps reflecting advanced responsibilities and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,140 | $17.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,390 | $24.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,790 | $28.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,650 | $41.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $109,700 | $52.7 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$68,520
Gross Pay
Real Wage (Purchasing Power)
$68,520
Adjusted for COL (100)
The average annual salary of $68,520 in Kalamazoo-Portage, MI, aligns precisely with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, indicating that while the salary is below the national average for the role, the cost of living does not further diminish its real value.
Job Market Context
200
Total Jobs
1.652
Per 1K Jobs
0.86
Location Quotient
Kalamazoo-Portage, MI has 0.86x 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 0.86, the Kalamazoo-Portage, MI market exhibits a slightly lower concentration of Property, Real Estate, and Community Association Managers compared to the national average. This suggests that while the profession is present and active, the job market may be less saturated than in other regions, potentially offering a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Kalamazoo-Portage, MI
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Kalamazoo-Portage, MI?
The median annual salary for a Property, Real Estate, and Community Association Managers in Kalamazoo-Portage, MI is $68,520. This typically ranges from $37,140 for entry-level positions to $109,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kalamazoo-Portage, MI is 16.9% lower than the national median of $82,410.
Is Kalamazoo-Portage, MI a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not exceptionally lucrative compared to the national average.The average salary of $68,520 is below the national average of $82,410, although the cost of living is on par with the national average.
Is Kalamazoo-Portage, MI a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Kalamazoo-Portage, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kalamazoo-Portage, MI?
Some top paying nearby cities include Battle Creek, MI ($77,700) and Elkhart-Goshen, IN.
How does the Kalamazoo-Portage, MI salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Kalamazoo-Portage, MI is $68,520, which is lower than the national average of $82,410.
What is the cost of living in Kalamazoo-Portage, MI?
The Cost of Living Index in Kalamazoo-Portage, MI is 100, which is exactly the national average.
How concentrated is the market for Property, Real Estate, and Community Association Managers in Kalamazoo-Portage, MI?
The market concentration, measured by the Location Quotient, is 0.86, indicating a slightly lower presence of these professionals compared to the national average.
What is the total number of Property, Real Estate, and Community Association Managers in Kalamazoo-Portage, MI?
There are approximately 200 Property, Real Estate, and Community Association Managers employed in the Kalamazoo-Portage, MI area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Kalamazoo-Portage, MI area with a job density of 1.652 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 Kalamazoo-Portage, MI