Property, Real Estate, and Community Association Managers in the Miami-Fort Lauderdale-West Palm Beach, FL area earn an impressive average annual salary of $83,820. This figure slightly surpasses the national average of $82,410, indicating a strong demand and potentially higher cost of doing business in this vibrant metropolitan region. The unique economic landscape and property market dynamics of South Florida likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $83,820 per year.
- Growth Trend: Salaries have shifted 31.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,000.
- Outlook: The job market for Property, Real Estate, and Community Association Managers in Miami-Fort Lauderdale-West Palm Beach, FL, appears robust, with a substantial local workforce of 10,260 individuals. The Location Quotient of 1.92 signifies a concentration of these roles nearly double the national average, suggesting a high demand and a specialized need for these professionals within the region's thriving real estate sector.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Miami-Fort Lauderdale-West Palm Beach, FL earns+1.7%above the national average.
$40.3
$1,612
$6,985
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Property, Real Estate, and Community Association Managers in Miami-Fort Lauderdale-West Palm Beach, FL, have experienced steady growth over the past four years. This trend would align with broader economic indicators and the consistent development and management needs of a major metropolitan area like South Florida, reflecting increased responsibilities and market value.
Property, Real Estate, and Community Association Managers Salary Distribution in Miami-Fort Lauderdale-West Palm Beach, FL
Career progression for Property, Real Estate, and Community Association Managers in this region typically sees significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive portfolios and management expertise can command salaries well into the upper percentiles. The substantial gap between entry-level and senior roles highlights the value placed on accumulated knowledge, leadership skills, and a proven track record in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,820 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,865 | $30.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,710 | $31.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $104,775 | $50.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $129,000 | $62 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$83,820
Gross Pay
Real Wage (Purchasing Power)
$83,820
Adjusted for COL (100)
The average annual salary of $83,820 in Miami-Fort Lauderdale-West Palm Beach, FL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Property, Real Estate, and Community Association Manager's salary in this area is comparable to the national average, suggesting that while the nominal salary is higher, the cost of living does not disproportionately erode its value.
Job Market Context
10,260
Total Jobs
3.689
Per 1K Jobs
1.92
Location Quotient
Miami-Fort Lauderdale-West Palm Beach, FL has 1.9x the national concentration of Property, Real Estate, and Community Association Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.92, the Miami-Fort Lauderdale-West Palm Beach, FL, market is significantly more concentrated with Property, Real Estate, and Community Association Managers than the national average. This suggests a highly competitive yet specialized job market where professionals with relevant experience and local knowledge are in high demand, offering ample opportunities for those seeking to enter or advance within this sector.
Nearby Job Markets
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Miami-Fort Lauderdale-West Palm Beach, FL?
The median annual salary for a Property, Real Estate, and Community Association Managers in Miami-Fort Lauderdale-West Palm Beach, FL is $83,820. This typically ranges from $38,820 for entry-level positions to $129,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Miami-Fort Lauderdale-West Palm Beach, FL is 1.7% higher than the national median of $82,410.
Is Miami-Fort Lauderdale-West Palm Beach, FL a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, it is a lucrative place.The average salary of $83,820 is higher than the national average, and the strong concentration of roles (LQ 1.92) indicates significant demand and opportunity within the region.
Is Miami-Fort Lauderdale-West Palm Beach, FL a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Miami-Fort Lauderdale-West Palm Beach, FL is 100. While higher than average, this often correlates with higher wages.
How does the local salary compare to the national average?
The average annual salary for Property, Real Estate, and Community Association Managers in Miami-Fort Lauderdale-West Palm Beach, FL, is $83,820, which is slightly above the national average of $82,410.
What is the concentration of Property, Real Estate, and Community Association Managers in this area?
The concentration, measured by the Location Quotient, is 1.92, meaning there are nearly twice as many of these professionals in the Miami-Fort Lauderdale-West Palm Beach, FL area compared to the national average.
How does the cost of living affect the salary in Miami-Fort Lauderdale-West Palm Beach, FL?
The Cost of Living Index is 100, which is the national average. This means the $83,820 salary has purchasing power equivalent to the national average, despite the higher nominal wage.
What is the total number of Property, Real Estate, and Community Association Managers in this metropolitan area?
There are approximately 10,260 Property, Real Estate, and Community Association Managers employed in the Miami-Fort Lauderdale-West Palm Beach, FL metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,260 employees in the Miami-Fort Lauderdale-West Palm Beach, FL area with a job density of 3.689 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 Miami-Fort Lauderdale-West Palm Beach, FL
- All Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Office and Administrative Support Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Sales and Related Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Food Preparation and Serving Related Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Transportation and Material Moving Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Management Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Business and Financial Operations Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Healthcare Practitioners and Technical Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Educational Instruction and Library Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Installation, Maintenance, and Repair Occupations Salary in Miami-Fort Lauderdale-West Palm Beach, FL
- Browse All Jobs in Miami-Fort Lauderdale-West Palm Beach, FL →
Semantic Salary Analysis for Property, Real Estate, and Community Association Managers • Data source: BLS OEWS 2024 •Jobs in Miami-Fort Lauderdale-West Palm Beach, FL