Property, Real Estate, and Community Association Managers in the Northern Indiana nonmetropolitan area earn an average annual salary of $67,940. This figure is notably below the national average of $82,410. The localized economic landscape and demand for these specialized roles in this region contribute to this pay differential.
Executive Summary
- Average Salary: $67,940 per year.
- Growth Trend: Salaries have shifted 21.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,760.
- Outlook: With a total local workforce of 200 professionals in this field, the Northern Indiana nonmetropolitan area presents a niche market. The Location Quotient of 0.49 indicates a lower concentration of these roles compared to the national average, suggesting a less saturated but potentially less robust demand for new entrants.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Northern Indiana nonmetropolitan area earns-17.6%below the national average.
$32.7
$1,307
$5,662
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 this region have seen gradual growth over the past four years, mirroring national trends of increasing compensation driven by inflation and evolving market demands.
Property, Real Estate, and Community Association Managers Salary Distribution in Northern Indiana nonmetropolitan area
Career progression for Property, Real Estate, and Community Association Managers typically involves a significant salary increase with experience. Entry-level positions may start at lower percentiles, while senior managers with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a clear career trajectory and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,500 | $17.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,955 | $24.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,050 | $27.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $84,925 | $40.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,760 | $49.9 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$67,940
Gross Pay
Real Wage (Purchasing Power)
$67,940
Adjusted for COL (100)
The average annual salary of $67,940 in the Northern Indiana nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, offering a stable financial footing for residents.
Job Market Context
200
Total Jobs
0.935
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Northern Indiana nonmetropolitan area has a notably lower concentration of Property, Real Estate, and Community Association Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.49 signifies that Property, Real Estate, and Community Association Managers are less concentrated in the Northern Indiana nonmetropolitan area than the national average. This suggests that while the job market may not be as abundant with opportunities as in metropolitan hubs, there is still a consistent presence of these roles, indicating a steady, albeit smaller, demand.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Northern Indiana nonmetropolitan area
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Northern Indiana nonmetropolitan area?
The median annual salary for a Property, Real Estate, and Community Association Managers in Northern Indiana nonmetropolitan area is $67,940. This typically ranges from $36,500 for entry-level positions to $103,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Indiana nonmetropolitan area is 17.6% lower than the national median of $82,410.
Is Northern Indiana nonmetropolitan area a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not compared to the national average.The average salary of $67,940 is significantly lower than the national average of $82,410, indicating less lucrative compensation in this region.
Is Northern Indiana nonmetropolitan area a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Northern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($78,620) and Columbus, IN.
How does the cost of living affect the salary in Northern Indiana?
The Cost of Living Index is 100, meaning it's on par with the national average. Therefore, the $67,940 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.
What does a Location Quotient of 0.49 mean for job seekers?
A Location Quotient below 1.0, like 0.49, indicates fewer job opportunities relative to the national average. This suggests a more specialized or less competitive market for these roles in Northern Indiana.
How many Property, Real Estate, and Community Association Managers work in this area?
There are approximately 200 Property, Real Estate, and Community Association Managers employed in the Northern Indiana nonmetropolitan area.
Are there many job openings for Property, Real Estate, and Community Association Managers in Northern Indiana?
With 0.935 jobs per 1,000 workers, the availability of these positions is relatively low, reflecting the niche nature of the market in this nonmetropolitan region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Northern Indiana nonmetropolitan area area with a job density of 0.935 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 Northern Indiana nonmetropolitan area