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Average Property, Real Estate, and Community Association Managers Salary in Northwest Colorado nonmetropolitan area

Property, Real Estate, and Community Association Managers in the Northwest Colorado nonmetropolitan area command an impressive average annual salary of $110,020. This figure significantly surpasses the national average of $82,410, indicating a strong local demand and potentially higher responsibilities or specialized market needs within this region. The unique economic drivers and property landscape of Northwest Colorado likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $110,020 per year.
  • Growth Trend: Salaries have shifted 45.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $154,330.
  • Outlook: With a total local workforce of 270 professionals in this field and a Location Quotient of 1.05, the job market for Property, Real Estate, and Community Association Managers in Northwest Colorado demonstrates a healthy concentration. This slightly above-average concentration suggests a stable demand for these services, indicating a robust and consistent job market that is well-supported by the local economy.
2024 Market Data

Salary Overview

$110,020

The average Property, Real Estate, and Community Association Managers in Northwest Colorado nonmetropolitan area earns+33.5%above the national average.

BreakdownBased on 40h/week
Hourly

$52.9

Weekly

$2,116

Monthly

$9,168

Property, Real Estate, and Community Association Managers Salary Distribution in Northwest Colorado nonmetropolitan area

Career progression for Property, Real Estate, and Community Association Managers in Northwest Colorado typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive portfolios and proven track records can command salaries well into the upper percentiles. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$64,990$31.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$82,515$39.7
ManagerOversees team, compliance, and project delivery.50% (Median)$92,410$44.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$137,525$66.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$154,330$74.2

Detailed Property, Real Estate, and Community Association Managers Market Analysis

Relocation Context

Nominal Salary

$110,020

Gross Pay

Real Wage (Purchasing Power)

$110,020

Adjusted for COL (100)

The nominal average salary of $110,020 in Northwest Colorado aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Property, Real Estate, and Community Association Manager's salary in this region is equivalent to that of their national counterparts, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

270

Total Jobs

2.02

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Northwest Colorado nonmetropolitan area has a slightly higher-than-average concentration of Property, Real Estate, and Community Association Managers roles compared to the national norm.

A Location Quotient of 1.05 indicates that Property, Real Estate, and Community Association Managers are slightly more concentrated in Northwest Colorado than the national average. This suggests a competitive yet stable job market where demand closely matches the available talent pool, offering professionals a good balance of job security and opportunity.

Nearby Job Markets

Nearby Cities for Property, Real Estate, and Community Association Managers

Comparing salaries near Northwest Colorado nonmetropolitan area

Hiring Property, Real Estate, and Community Association Managerss?

Frequently Asked Questions

How much does a Property, Real Estate, and Community Association Managers make in Northwest Colorado nonmetropolitan area?

The median annual salary for a Property, Real Estate, and Community Association Managers in Northwest Colorado nonmetropolitan area is $110,020. This typically ranges from $64,990 for entry-level positions to $154,330 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Colorado nonmetropolitan area is 33.5% higher than the national median of $82,410.

Is Northwest Colorado nonmetropolitan area a lucrative place for Property, Real Estate, and Community Association Managerss?

Yes, it is a lucrative area.The average salary of $110,020 significantly exceeds the national average, and the Cost of Living Index is at the national average, indicating strong purchasing power.

Is Northwest Colorado nonmetropolitan area a good place to live for Property, Real Estate, and Community Association Managers?

The Cost of Living Index in Northwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($102,630) and Denver-Aurora-Centennial, CO.

How does the salary compare to the national average?

The average salary of $110,020 in Northwest Colorado is substantially higher than the national average of $82,410 for Property, Real Estate, and Community Association Managers.

What is the Cost of Living in Northwest Colorado?

The Cost of Living Index in Northwest Colorado is 100, which is exactly the national average, meaning expenses are comparable to the rest of the country.

How concentrated is the job market for these managers in this area?

The job market is slightly more concentrated than the national average, with a Location Quotient of 1.05, suggesting a healthy demand for these professionals.

How many Property, Real Estate, and Community Association Managers work in Northwest Colorado?

There are approximately 270 Property, Real Estate, and Community Association Managers employed in the Northwest Colorado nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Northwest Colorado nonmetropolitan area area with a job density of 2.02 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.