In Louisville/Jefferson County, KY-IN, Property, Real Estate, and Community Association Managers earn an average annual salary of $62,290. This figure is notably below the national average of $82,410, suggesting that local market dynamics, such as demand and cost of doing business, play a significant role in compensation levels within this sector.
Executive Summary
- Average Salary: $62,290 per year.
- Growth Trend: Salaries have shifted 1.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,990.
- Outlook: With a local workforce of 1,030 professionals in this field, Louisville/Jefferson County exhibits a moderate concentration, as indicated by a Location Quotient of 0.78. While not exceeding the national average in terms of job density per worker, the presence of over a thousand managers suggests a stable, established market for these services within the region.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Louisville/Jefferson County, KY-IN earns-24.4%below the national average.
$30
$1,198
$5,191
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 in Louisville/Jefferson County have seen incremental growth over the past four years, mirroring broader economic trends and inflation adjustments. This suggests a steady, albeit potentially modest, upward trajectory in compensation for professionals in this role.
Property, Real Estate, and Community Association Managers Salary Distribution in Louisville/Jefferson County, KY-IN
Career progression for Property, Real Estate, and Community Association Managers typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average, reflecting their increased value and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,990 | $19.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $46,718 | $22.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $56,840 | $27.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $77,863 | $37.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $80,990 | $38.9 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$62,290
Gross Pay
Real Wage (Purchasing Power)
$62,290
Adjusted for COL (100)
The average annual salary of $62,290 in Louisville/Jefferson County aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a manager's salary in this region is equivalent to that of a manager earning the national average in a location with average living costs.
Job Market Context
1,030
Total Jobs
1.507
Per 1K Jobs
0.78
Location Quotient
Louisville/Jefferson County, KY-IN has 0.78x 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 0.78 indicates that Property, Real Estate, and Community Association Managers are slightly less concentrated in Louisville/Jefferson County compared to the national average. This suggests a market that is neither oversaturated nor critically undersupplied, presenting a balanced environment for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Louisville/Jefferson County, KY-IN
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Property, Real Estate, and Community Association Managers in Louisville/Jefferson County, KY-IN is $62,290. This typically ranges from $39,990 for entry-level positions to $80,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 24.4% lower than the national median of $82,410.
Is Louisville/Jefferson County, KY-IN a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not compared to the national average.The average salary of $62,290 is significantly lower than the national average of $82,410. However, the cost of living is on par with the national average, meaning the nominal salary's purchasing power is equivalent nationally.
Is Louisville/Jefferson County, KY-IN a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Columbus, IN ($61,810) and Central Kentucky nonmetropolitan area.
How does the Louisville/Jefferson County salary compare to the national average?
The average annual salary for Property, Real Estate, and Community Association Managers in Louisville/Jefferson County, KY-IN is $62,290, which is considerably lower than the national average of $82,410.
What is the job concentration for this role in Louisville/Jefferson County?
The job concentration, measured by the Location Quotient, is 0.78, indicating that this profession is slightly less prevalent in Louisville/Jefferson County compared to the national average.
How does the cost of living affect the salary in Louisville/Jefferson County?
The Cost of Living Index in Louisville/Jefferson County is 100, which is the national average. This means the $62,290 salary has the same purchasing power as the national average salary in a location with average living expenses.
What is the total workforce size for this profession locally?
There are approximately 1,030 Property, Real Estate, and Community Association Managers employed in the Louisville/Jefferson County, KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,030 employees in the Louisville/Jefferson County, KY-IN area with a job density of 1.507 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 Louisville/Jefferson County, KY-IN