Average Property, Real Estate, and Community Association Managers Salary in Lafayette, LA
In Lafayette, LA, Property, Real Estate, and Community Association Managers earn an average annual salary of $59,110. This figure is notably lower than the national average of $82,410, reflecting regional economic factors and demand specific to the Louisiana market. The local economic landscape and the concentration of these roles directly influence this compensation.
Executive Summary
- Average Salary: $59,110 per year.
- Growth Trend: Salaries have shifted 13.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $90,300.
- Outlook: With a total local workforce of 200 individuals in this sector, Lafayette presents a modest employment base for Property, Real Estate, and Community Association Managers. The Location Quotient of 0.59 indicates that this profession is less concentrated in Lafayette compared to the national average, suggesting a smaller but potentially stable niche for these professionals.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Lafayette, LA earns-28.3%below the national average.
$28.4
$1,137
$4,926
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Lafayette is not provided, it's reasonable to assume that salaries for Property, Real Estate, and Community Association Managers in the region have experienced gradual growth over the past four years, mirroring national trends of increasing demand for skilled property management professionals and adjustments for inflation.
Property, Real Estate, and Community Association Managers Salary Distribution in Lafayette, LA
Career progression for Property, Real Estate, and Community Association Managers in Lafayette, LA, typically sees significant salary increases with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, manage larger portfolios, and take on more complex responsibilities, their earning potential can advance substantially, with senior roles commanding higher salaries.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,290 | $15 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,333 | $21.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,850 | $24 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $73,888 | $35.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $90,300 | $43.4 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$59,110
Gross Pay
Real Wage (Purchasing Power)
$59,110
Adjusted for COL (100)
The average annual salary of $59,110 in Lafayette, LA, 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 stable financial environment for professionals in this role.
Job Market Context
200
Total Jobs
1.137
Per 1K Jobs
0.59
Location Quotient
Lafayette, LA has 0.59x 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.
A Location Quotient of 0.59 signifies that Property, Real Estate, and Community Association Managers are less prevalent in Lafayette, LA, than the national average. This suggests a less saturated job market, which could present opportunities for skilled professionals, though it also indicates a lower overall demand compared to more concentrated national hubs.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Lafayette, LA
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Lafayette, LA?
The median annual salary for a Property, Real Estate, and Community Association Managers in Lafayette, LA is $59,110. This typically ranges from $31,290 for entry-level positions to $90,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette, LA is 28.3% lower than the national median of $82,410.
Is Lafayette, LA a lucrative place for Property, Real Estate, and Community Association Managerss?
No, but it offers stable purchasing power.While the average salary of $59,110 is below the national average, the cost of living in Lafayette is also at the national average, meaning the salary's purchasing power is consistent with national standards.
Is Lafayette, LA a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette, LA?
Some top paying nearby cities include Baton Rouge, LA ($74,740) and Southwest Louisiana nonmetropolitan area.
How does Lafayette's property manager salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Lafayette, LA, is $59,110, which is significantly lower than the national average of $82,410.
What is the concentration of property managers in Lafayette compared to the nation?
Lafayette has a lower concentration of these professionals, indicated by a Location Quotient of 0.59, meaning they are less common there than the national average.
Does the cost of living in Lafayette affect the perceived value of the salary?
No, the cost of living in Lafayette is exactly at the national average (100), so the $59,110 salary has the same purchasing power as it would nationally.
What does the number of jobs per 1,000 workers suggest for this role in Lafayette?
With 1.137 jobs per 1,000 workers, this indicates a relatively small but present demand for Property, Real Estate, and Community Association Managers within the local workforce.
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 Lafayette, LA area with a job density of 1.137 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 Lafayette, LA