Average Property, Real Estate, and Community Association Managers Salary in Knoxville, TN
In Knoxville, TN, Property, Real Estate, and Community Association Managers earn an average annual salary of $67,140. This figure is notably below the national average of $82,410, suggesting that local market dynamics and potentially a lower cost of living contribute to this compensation difference. Understanding these local factors is crucial for professionals in this field.
Executive Summary
- Average Salary: $67,140 per year.
- Growth Trend: Salaries have shifted 35.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $93,640.
- Outlook: Knoxville's market for Property, Real Estate, and Community Association Managers shows a moderate concentration, with a Location Quotient of 0.77, indicating slightly less prevalence than the national average. The total local workforce of 620 professionals, coupled with 1.487 jobs per 1,000 workers, suggests a stable, albeit not rapidly expanding, demand for these roles within the region.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Knoxville, TN earns-18.5%below the national average.
$32.3
$1,291
$5,595
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Knoxville is not provided, it is generally assumed that salaries for Property, Real Estate, and Community Association Managers have seen a steady upward trend over the past four years, mirroring national economic growth and increasing demand for property management services. This growth is likely driven by factors such as rising property values and the increasing complexity of property and community association management.
Property, Real Estate, and Community Association Managers Salary Distribution in Knoxville, TN
Salary progression for Property, Real Estate, and Community Association Managers in Knoxville, TN, typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience in complex property portfolios or specialized community association management can command salaries well above the average. The percentile gaps in earnings clearly signify robust career progression opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,590 | $19 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,355 | $24.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,520 | $29.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $83,925 | $40.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $93,640 | $45 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$67,140
Gross Pay
Real Wage (Purchasing Power)
$67,140
Adjusted for COL (100)
The average annual salary of $67,140 in Knoxville, TN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a balanced financial landscape for professionals considering a move to or within the city.
Job Market Context
620
Total Jobs
1.487
Per 1K Jobs
0.77
Location Quotient
Knoxville, TN has 0.77x 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 0.77, Knoxville's market for Property, Real Estate, and Community Association Managers is less concentrated than the national average. This suggests that while there is a consistent need for these professionals, the job market may be less saturated, potentially offering good opportunities for skilled individuals, though perhaps with less intense competition than in more concentrated areas.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Knoxville, TN
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Knoxville, TN?
The median annual salary for a Property, Real Estate, and Community Association Managers in Knoxville, TN is $67,140. This typically ranges from $39,590 for entry-level positions to $93,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Knoxville, TN is 18.5% lower than the national median of $82,410.
Is Knoxville, TN a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not when compared to the national average.While the average salary of $67,140 is stable relative to the national cost of living, it falls significantly short of the national average salary for this profession.
Is Knoxville, TN a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Knoxville, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Knoxville, TN?
Some top paying nearby cities include Morristown, TN ($57,980) and Cleveland, TN.
How does Knoxville's salary compare to the national average for this role?
The average salary in Knoxville, TN ($67,140) is approximately 18.5% lower than the national average ($82,410) for Property, Real Estate, and Community Association Managers.
What is the Cost of Living in Knoxville, TN?
Knoxville, TN has a Cost of Living Index of 100, which is exactly the national average, meaning the general cost of goods and services is comparable to the rest of the United States.
How many Property, Real Estate, and Community Association Managers work in Knoxville?
There are approximately 620 Property, Real Estate, and Community Association Managers employed in the Knoxville, TN area.
Is there high demand for Property Managers in Knoxville?
The demand is moderate, indicated by 1.487 jobs per 1,000 workers and a Location Quotient of 0.77, suggesting a stable but not exceptionally high concentration of these roles compared to the national landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Knoxville, TN area with a job density of 1.487 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 Knoxville, TN