Property, Real Estate, and Community Association Managers in Lansing-East Lansing, MI, earn an average annual salary of $65,510. 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: $65,510 per year.
- Growth Trend: Salaries have shifted 9.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,010.
- Outlook: The Lansing-East Lansing area supports a local workforce of 370 professionals in Property, Real Estate, and Community Association Management. With a Location Quotient of 0.89, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally high demand for these specialized skills within the region. The presence of nearly 1.7 jobs per 1,000 workers suggests a consistent need for these management services.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Lansing-East Lansing, MI earns-20.5%below the national average.
$31.5
$1,260
$5,459
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Lansing-East Lansing is not provided, it's reasonable to assume that salaries for Property, Real Estate, and Community Association Managers have seen gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and increasing property management complexities typically drive incremental salary increases in this sector.
Property, Real Estate, and Community Association Managers Salary Distribution in Lansing-East Lansing, MI
Career progression in Property, Real Estate, and Community Association Management typically leads to significant salary increases. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command salaries well above the average. The percentile gaps in salary data reflect this clear path for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,340 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,133 | $23.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,280 | $28 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $81,888 | $39.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $94,010 | $45.2 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$65,510
Gross Pay
Real Wage (Purchasing Power)
$65,510
Adjusted for COL (100)
The average salary of $65,510 in Lansing-East Lansing aligns perfectly with the national Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, indicating that the cost of goods and services in Lansing-East Lansing is neither significantly higher nor lower than the typical U.S. city. Therefore, the reported salary offers a standard lifestyle relative to national benchmarks.
Job Market Context
370
Total Jobs
1.714
Per 1K Jobs
0.89
Location Quotient
Lansing-East Lansing, MI has 0.89x 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 0.89 for Property, Real Estate, and Community Association Managers in Lansing-East Lansing suggests that this profession is slightly less concentrated than the national average. This implies that while the market is not saturated, there isn't an overwhelming demand that significantly outpaces the supply of qualified professionals. The job market is likely competitive but offers opportunities for skilled individuals.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Lansing-East Lansing, MI
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Lansing-East Lansing, MI?
The median annual salary for a Property, Real Estate, and Community Association Managers in Lansing-East Lansing, MI is $65,510. This typically ranges from $38,340 for entry-level positions to $94,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lansing-East Lansing, MI is 20.5% lower than the national median of $82,410.
Is Lansing-East Lansing, MI a lucrative place for Property, Real Estate, and Community Association Managers?
No, not when compared to the national average.While the average salary of $65,510 is stable within the local cost of living, it falls significantly short of the national average of $82,410. The market concentration is also slightly below the national average.
Is Lansing-East Lansing, MI a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Lansing-East Lansing, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lansing-East Lansing, MI?
Some top paying nearby cities include Jackson, MI ($67,020) and Mid Michigan nonmetropolitan area.
How does Lansing-East Lansing's salary compare to the national average?
The average salary of $65,510 in Lansing-East Lansing is approximately 20.5% lower than the national average of $82,410 for Property, Real Estate, and Community Association Managers.
What is the concentration of Property, Real Estate, and Community Association Managers in Lansing-East Lansing?
The Location Quotient is 0.89, indicating that the concentration of these roles in Lansing-East Lansing is slightly below the national average.
How does the cost of living in Lansing-East Lansing affect the salary?
With a Cost of Living Index of 100, the local cost of living matches the national average. This means the $65,510 salary has the same purchasing power as the national average salary in a typical U.S. city.
What is the total number of Property, Real Estate, and Community Association Managers in Lansing-East Lansing?
There are approximately 370 Property, Real Estate, and Community Association Managers employed in the Lansing-East Lansing area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Lansing-East Lansing, MI area with a job density of 1.714 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Property, Real Estate, and Community Association Managers Salaries by State
Top Jobs in Lansing-East Lansing, MI
- All Occupations Salary in Lansing-East Lansing, MI
- Office and Administrative Support Occupations Salary in Lansing-East Lansing, MI
- Business and Financial Operations Occupations Salary in Lansing-East Lansing, MI
- Transportation and Material Moving Occupations Salary in Lansing-East Lansing, MI
- Food Preparation and Serving Related Occupations Salary in Lansing-East Lansing, MI
- Educational Instruction and Library Occupations Salary in Lansing-East Lansing, MI
- Sales and Related Occupations Salary in Lansing-East Lansing, MI
- Management Occupations Salary in Lansing-East Lansing, MI
- Production Occupations Salary in Lansing-East Lansing, MI
- Healthcare Practitioners and Technical Occupations Salary in Lansing-East Lansing, MI
- Browse All Jobs in Lansing-East Lansing, MI →
Semantic Salary Analysis for Property, Real Estate, and Community Association Managers • Data source: BLS OEWS 2024 •Jobs in Lansing-East Lansing, MI