SalaryNode

Average Property, Real Estate, and Community Association Managers Salary in Norwich-New London-Willimantic, CT

The average salary for Property, Real Estate, and Community Association Managerss in Norwich-New London-Willimantic, CT is $70,880. While this is lower than the national average, the cost of living in Norwich-New London-Willimantic, CT may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $70,880 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $102,150.
  • Outlook: The current demand for Property, Real Estate, and Community Association Managerss is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Norwich-New London-Willimantic, CT economy.
2024 Market Data

Salary Overview

$70,880

The average Property, Real Estate, and Community Association Managers in Norwich-New London-Willimantic, CT earns-14.0%below the national average.

BreakdownBased on 40h/week
Hourly

$34.1

Weekly

$1,363

Monthly

$5,907

Property, Real Estate, and Community Association Managers Salary Distribution in Norwich-New London-Willimantic, CT

The earning potential for Property, Real Estate, and Community Association Managerss in Norwich-New London-Willimantic, CT varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $41,010, while highly experienced professionals can command wages upwards of $102,150.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,010$19.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,160$25.6
ManagerOversees team, compliance, and project delivery.50% (Median)$65,760$31.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,600$42.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$102,150$49.1

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

Relocation Context

Nominal Salary

$70,880

Gross Pay

Real Wage (Purchasing Power)

$70,880

Adjusted for COL (100)

In Norwich-New London-Willimantic, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $70,880 to $70,880.

Job Market Context

190

Total Jobs

1.554

Per 1K Jobs

0.81

Location Quotient

Below Average

Norwich-New London-Willimantic, CT has 0.81x 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.

190 people work as Property, Real Estate, and Community Association Managers in Norwich-New London-Willimantic, CT.

1.554 out of every 1,000 local jobs are Property, Real Estate, and Community Association Managers positions — a typical concentration.

Nearby Job Markets

Hiring Property, Real Estate, and Community Association Managerss?

Frequently Asked Questions

How much does a Property, Real Estate, and Community Association Managers make in Norwich-New London-Willimantic, CT?

The median annual salary for a Property, Real Estate, and Community Association Managers in Norwich-New London-Willimantic, CT is $70,880. This typically ranges from $41,010 for entry-level positions to $102,150 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Norwich-New London-Willimantic, CT is 14.0% lower than the national median of $82,410.

Is Norwich-New London-Willimantic, CT a good place for Property, Real Estate, and Community Association Managerss?

It depends on your priorities. While the average Property, Real Estate, and Community Association Managers salary in Norwich-New London-Willimantic, CT is $70,880 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Norwich-New London-Willimantic, CT. See distinct detailed breakdown below.

Is Norwich-New London-Willimantic, CT a good place to live for Property, Real Estate, and Community Association Managers?

The Cost of Living Index in Norwich-New London-Willimantic, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Norwich-New London-Willimantic, CT?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($85,380) and Connecticut 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 190 employees in the Norwich-New London-Willimantic, CT area with a job density of 1.554 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.