Property, Real Estate, and Community Association Managers in the New Orleans-Metairie, LA area earn an average annual salary of $63,630. This figure is notably below the national average of $82,410, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $63,630 per year.
- Growth Trend: Salaries have shifted 14.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,780.
- Outlook: The New Orleans-Metairie area supports a local workforce of 810 Property, Real Estate, and Community Association Managers. With a Location Quotient of 0.95, the concentration of these roles is nearly on par with the national average, indicating a stable, albeit not rapidly expanding, demand for these professionals. The presence of 1.83 jobs per 1,000 workers further solidifies the market's steady employment landscape.
Salary Overview
The average Property, Real Estate, and Community Association Managers in New Orleans-Metairie, LA earns-22.8%below the national average.
$30.6
$1,224
$5,303
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 New Orleans-Metairie have experienced gradual growth over the past four years, mirroring national trends. Economic factors and evolving market demands typically drive incremental increases in compensation for skilled professionals in this sector.
Property, Real Estate, and Community Association Managers Salary Distribution in New Orleans-Metairie, LA
Career progression for Property, Real Estate, and Community Association Managers is typically marked by increasing salary potential. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching the upper percentiles. The variance in pay across different experience levels highlights clear opportunities for career advancement and increased earning capacity.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $27,940 | $13.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $47,723 | $22.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $52,670 | $25.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $79,538 | $38.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $100,780 | $48.5 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$63,630
Gross Pay
Real Wage (Purchasing Power)
$63,630
Adjusted for COL (100)
The average annual salary of $63,630 in New Orleans-Metairie aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
810
Total Jobs
1.83
Per 1K Jobs
0.95
Location Quotient
New Orleans-Metairie, LA has 0.95x 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 0.95 for Property, Real Estate, and Community Association Managers in New Orleans-Metairie suggests a job market that is closely aligned with the national average in terms of professional concentration. This indicates a competitive but stable environment where the number of available professionals is proportionate to the demand, offering steady opportunities without extreme saturation or scarcity.
Nearby Job Markets
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Comparing salaries near New Orleans-Metairie, LA
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in New Orleans-Metairie, LA?
The median annual salary for a Property, Real Estate, and Community Association Managers in New Orleans-Metairie, LA is $63,630. This typically ranges from $27,940 for entry-level positions to $100,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Orleans-Metairie, LA is 22.8% lower than the national median of $82,410.
Is New Orleans-Metairie, LA a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not exceptionally lucrative compared to the national average.While the average salary of $63,630 is on par with the local cost of living, it falls significantly short of the national average salary of $82,410 for this profession.
Is New Orleans-Metairie, LA a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in New Orleans-Metairie, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Orleans-Metairie, LA?
Some top paying nearby cities include Slidell-Mandeville-Covington, LA ($56,300) and Hammond, LA.
How does the New Orleans-Metairie salary compare to the national average?
The average salary of $63,630 in New Orleans-Metairie is approximately 23% 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 New Orleans-Metairie?
The concentration, measured by the Location Quotient, is 0.95, indicating that the proportion of these professionals in the local workforce is very close to the national average.
Does the cost of living affect the New Orleans-Metairie salary?
The cost of living in New Orleans-Metairie is at the national average (100), meaning the $63,630 salary provides purchasing power equivalent to the national average, despite being a lower nominal figure.
How many Property, Real Estate, and Community Association Managers work in New Orleans-Metairie?
There are approximately 810 Property, Real Estate, and Community Association Managers employed in the New Orleans-Metairie 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 810 employees in the New Orleans-Metairie, LA area with a job density of 1.83 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 Orleans-Metairie, LA