Average Property, Real Estate, and Community Association Managers Salary in New Haven, CT
In New Haven, CT, Property, Real Estate, and Community Association Managers earn an average annual salary of $75,090. This figure is slightly below the national average of $82,410, a common occurrence in markets where specific regional economic factors and demand dynamics influence compensation. The local job market's unique characteristics shape the earning potential for these professionals.
Executive Summary
- Average Salary: $75,090 per year.
- Growth Trend: Salaries have shifted 3.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,430.
- Outlook: The New Haven market for Property, Real Estate, and Community Association Managers appears stable, with a total local workforce of 550 individuals in this role. The Location Quotient of 1.01 suggests a concentration of these professionals that is very close to the national average, indicating a balanced demand and supply within the region. This steady presence signifies a consistent need for skilled managers in the area.
Salary Overview
The average Property, Real Estate, and Community Association Managers in New Haven, CT earns-8.9%below the national average.
$36.1
$1,444
$6,258
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for New Haven's Property, Real Estate, and Community Association Managers is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic growth, increasing property values, and evolving management complexities typically drive salary increases for experienced professionals in this field.
Property, Real Estate, and Community Association Managers Salary Distribution in New Haven, CT
Career progression for Property, Real Estate, and Community Association Managers in New Haven, as elsewhere, is typically marked by significant salary increases with experience. Entry-level positions will command lower salaries, while senior managers with extensive portfolios and proven track records can expect to earn considerably more, potentially reaching into the upper percentiles of the salary range. These percentile gaps reflect the value of accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,450 | $19.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,318 | $27.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,740 | $31.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,863 | $45.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,430 | $50.2 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$75,090
Gross Pay
Real Wage (Purchasing Power)
$75,090
Adjusted for COL (100)
The average annual salary of $75,090 in New Haven, CT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Property, Real Estate, and Community Association Manager's salary in New Haven is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country.
Job Market Context
550
Total Jobs
1.935
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, New Haven, CT 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 1.01, New Haven's market for Property, Real Estate, and Community Association Managers is nearly identical in concentration to the national average. This suggests a competitive yet stable job market where opportunities exist, but the number of professionals is well-matched to the demand. Professionals entering this field can expect a market that is neither oversaturated nor exceptionally sparse.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near New Haven, CT
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in New Haven, CT?
The median annual salary for a Property, Real Estate, and Community Association Managers in New Haven, CT is $75,090. This typically ranges from $41,450 for entry-level positions to $104,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Haven, CT is 8.9% lower than the national median of $82,410.
Is New Haven, CT a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not significantly more lucrative than the national average.While the average salary of $75,090 is substantial, it falls slightly below the national average of $82,410, and the cost of living is exactly at the national average.
Is New Haven, CT a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Haven, CT?
Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($94,520) and Waterbury-Shelton, CT.
How does New Haven's salary compare to the national average for this role?
The average salary in New Haven, CT ($75,090) is approximately 9% lower than the national average ($82,410) for Property, Real Estate, and Community Association Managers.
What is the concentration of Property, Real Estate, and Community Association Managers in New Haven?
New Haven has a concentration of these professionals that is very close to the national average, indicated by a Location Quotient of 1.01.
Does the cost of living in New Haven affect the value of the salary?
No, the cost of living in New Haven is exactly at the national average (100), meaning the $75,090 salary has the same purchasing power as the national average salary.
What does the job market size suggest for this role in New Haven?
With 550 professionals and 1.935 jobs per 1,000 workers, the market size indicates a steady demand for Property, Real Estate, and Community Association Managers in New Haven.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the New Haven, CT area with a job density of 1.935 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 New Haven, CT