Average Property, Real Estate, and Community Association Managers Salary in Midland, TX
Property, Real Estate, and Community Association Managers in Midland, TX, command an impressive average annual salary of $121,690. This figure significantly surpasses the national average of $82,410, indicating a strong local demand for these specialized professionals. The robust energy sector and ongoing development in the Midland area likely contribute to this elevated compensation, reflecting the critical role these managers play in maintaining and growing valuable assets.
Executive Summary
- Average Salary: $121,690 per year.
- Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $182,535.
- Outlook: The local job market for Property, Real Estate, and Community Association Managers in Midland, TX, appears stable with a total workforce of 240 individuals in this role. The Location Quotient of 1.07 suggests a concentration of these jobs slightly above the national average, implying a steady demand that aligns with the size of the local workforce.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Midland, TX earns+47.7%above the national average.
$58.5
$2,340
$10,141
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 Midland, TX, have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increasing property values, and the demand for skilled management professionals likely contribute to a positive salary trajectory in this sector.
Property, Real Estate, and Community Association Managers Salary Distribution in Midland, TX
Career progression for Property, Real Estate, and Community Association Managers in Midland, TX, is typically marked by increasing earning potential. Entry-level positions may start at a lower percentile, but with accumulated experience, specialized certifications, and demonstrated success in managing larger or more complex portfolios, professionals can advance to senior roles commanding higher salaries. The salary distribution reflects these distinctions, with significant gaps between entry-level and senior-level compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,190 | $21.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $91,268 | $43.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,890 | $47.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $152,113 | $73.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $182,535 | $87.8 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$121,690
Gross Pay
Real Wage (Purchasing Power)
$121,690
Adjusted for COL (100)
The average annual salary of $121,690 in Midland, TX, is perfectly balanced by the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Property, Real Estate, and Community Association Manager's salary in Midland is equivalent to the national average, allowing for a comparable standard of living without financial penalty.
Job Market Context
240
Total Jobs
2.052
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Midland, TX has a slightly higher-than-average concentration of Property, Real Estate, and Community Association Managers roles compared to the national norm.
With a Location Quotient of 1.07, Midland, TX, shows a slightly higher concentration of Property, Real Estate, and Community Association Managers compared to the national average. This suggests that while the market is not oversaturated, there is a notable presence and demand for these professionals, indicating a healthy and competitive environment for those in the field.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
| City | Salary | Dist. |
|---|---|---|
| Odessa, TX Property, Real Estate, and Community Association Managers Salary | $86,470↓ 29% | 17 mi |
Comparing salaries near Midland, TX
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Midland, TX?
The median annual salary for a Property, Real Estate, and Community Association Managers in Midland, TX is $121,690. This typically ranges from $45,190 for entry-level positions to $182,535 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Midland, TX is 47.7% higher than the national median of $82,410.
Is Midland, TX a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, Midland, TX is a lucrative location for these professionals.The average salary of $121,690 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent earning potential.
Is Midland, TX a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Midland, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Midland, TX?
Some top paying nearby cities include Odessa, TX ($86,470) and others.
How does the Midland, TX salary compare to the national average?
The average annual salary for Property, Real Estate, and Community Association Managers in Midland, TX, is $121,690, which is substantially higher than the national average of $82,410.
What is the significance of the Location Quotient in Midland, TX?
A Location Quotient of 1.07 indicates that Midland, TX, has a slightly higher concentration of Property, Real Estate, and Community Association Managers jobs than the national average, suggesting a robust local demand.
Does the cost of living in Midland, TX affect the value of the salary?
No, the cost of living in Midland, TX, is exactly at the national average (100), meaning the higher nominal salary translates directly into equivalent purchasing power compared to the national standard.
What is the total number of Property, Real Estate, and Community Association Managers in Midland, TX?
There are approximately 240 Property, Real Estate, and Community Association Managers employed in the Midland, TX area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Midland, TX area with a job density of 2.052 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 Midland, TX