Property, Real Estate, and Community Association Managers in the Nashville-Davidson--Murfreesboro--Franklin, TN area earn an average annual salary of $76,400. This figure is slightly below the national average of $82,410, indicating a localized compensation structure influenced by regional economic factors and market demand within the state. While not reaching the national benchmark, this salary reflects the specific economic landscape of the Tennessee region.
Executive Summary
- Average Salary: $76,400 per year.
- Growth Trend: Salaries have shifted 16.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $116,810.
- Outlook: The Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area supports a robust local workforce of 2,310 Property, Real Estate, and Community Association Managers. With a Location Quotient of 1.09, this sector is slightly more concentrated than the national average, suggesting a healthy and stable demand for these professionals within the region. The number of jobs per 1,000 workers further underscores the consistent presence and importance of this role in the local economy.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Nashville-Davidson--Murfreesboro--Franklin, TN earns-7.3%below the national average.
$36.7
$1,469
$6,367
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 the Nashville-Davidson--Murfreesboro--Franklin, TN area have experienced steady growth over the past four years. This trend is typically driven by increasing property values, evolving management practices, and the overall economic expansion of the region, leading to upward adjustments in compensation to attract and retain skilled professionals.
Property, Real Estate, and Community Association Managers Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN
Career progression for Property, Real Estate, and Community Association Managers significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command substantially higher salaries. The percentile gaps in compensation clearly signify the career ladder, rewarding accumulated expertise and demonstrated success in managing diverse property portfolios and community associations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,350 | $18.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,300 | $27.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,830 | $33.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,500 | $45.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $116,810 | $56.2 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$76,400
Gross Pay
Real Wage (Purchasing Power)
$76,400
Adjusted for COL (100)
The average annual salary of $76,400 for Property, Real Estate, and Community Association Managers in Nashville-Davidson--Murfreesboro--Franklin, TN aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial standing for residents without the added pressure of higher or lower living expenses compared to the rest of the country.
Job Market Context
2,310
Total Jobs
2.106
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Nashville-Davidson--Murfreesboro--Franklin, TN 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 1.09, the Nashville-Davidson--Murfreesboro--Franklin, TN market shows a slightly higher concentration of Property, Real Estate, and Community Association Managers than the national average. This suggests a competitive yet accessible job market where demand is robust and professionals are readily available, indicating a balanced environment for both employers seeking talent and individuals looking for opportunities in this field.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The median annual salary for a Property, Real Estate, and Community Association Managers in Nashville-Davidson--Murfreesboro--Franklin, TN is $76,400. This typically ranges from $39,350 for entry-level positions to $116,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 7.3% lower than the national median of $82,410.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, it offers a stable earning potential with a cost of living that matches the national average.The average salary of $76,400, while slightly below the national average, is balanced by a Cost of Living Index of 100, providing equivalent purchasing power.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?
Some top paying nearby cities include East Tennessee nonmetropolitan area ($60,540) and South Central Tennessee nonmetropolitan area.
How does the Nashville-Davidson--Murfreesboro--Franklin, TN salary compare to the national average?
The average salary of $76,400 in Nashville-Davidson--Murfreesboro--Franklin, TN is slightly 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 this area?
The Location Quotient of 1.09 indicates that this profession is slightly more concentrated in Nashville-Davidson--Murfreesboro--Franklin, TN compared to the national average, suggesting a healthy local presence.
Does the cost of living affect the value of the salary in Nashville-Davidson--Murfreesboro--Franklin, TN?
No, the Cost of Living Index is 100, which is the national average. This means the $76,400 salary has the same purchasing power as the national average salary.
How many Property, Real Estate, and Community Association Managers work in the Nashville-Davidson--Murfreesboro--Franklin, TN area?
There are approximately 2,310 Property, Real Estate, and Community Association Managers employed in the Nashville-Davidson--Murfreesboro--Franklin, TN 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 2,310 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 2.106 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 Nashville-Davidson--Murfreesboro--Franklin, TN