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Average Property, Real Estate, and Community Association Managers Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Property, Real Estate, and Community Association Managers in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area earn an average annual salary of $89,260. This figure notably surpasses the national average of $82,410, suggesting that the unique economic dynamics and housing market demands of this metropolitan region contribute to higher compensation for these professionals. The localized pay reflects the specific needs and value placed on property management expertise within this significant urban corridor.

Executive Summary

  • Average Salary: $89,260 per year.
  • Growth Trend: Salaries have shifted 7.2% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $158,350.
  • Outlook: With a local workforce of 4,850 professionals in this field, the Philadelphia-Camden-Wilmington area demonstrates a substantial presence of Property, Real Estate, and Community Association Managers. The Location Quotient of 0.88 indicates a slightly lower concentration compared to the national average, suggesting that while the market is robust, it may not be oversaturated, potentially offering good opportunities for skilled individuals.
2024 Market Data

Salary Overview

$89,260

The average Property, Real Estate, and Community Association Managers in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+8.3%above the national average.

BreakdownBased on 40h/week
Hourly

$42.9

Weekly

$1,717

Monthly

$7,438

Property, Real Estate, and Community Association Managers Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Career progression for Property, Real Estate, and Community Association Managers in Philadelphia-Camden-Wilmington typically correlates with experience. Entry-level positions may start closer to the lower percentiles of the salary range, while seasoned professionals with extensive portfolios and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies significant earning potential and career advancement opportunities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,150$23.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,945$32.2
ManagerOversees team, compliance, and project delivery.50% (Median)$73,370$35.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$111,575$53.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$158,350$76.1

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

Relocation Context

Nominal Salary

$89,260

Gross Pay

Real Wage (Purchasing Power)

$89,260

Adjusted for COL (100)

The average annual salary of $89,260 in Philadelphia-Camden-Wilmington aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a manager's salary in this region is equivalent to the national average, offering a stable financial environment for residents without the added pressure of a significantly higher cost of living.

Job Market Context

4,850

Total Jobs

1.692

Per 1K Jobs

0.88

Location Quotient

Below Average

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has 0.88x 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.

The Location Quotient of 0.88 for Property, Real Estate, and Community Association Managers in Philadelphia-Camden-Wilmington suggests a market that is slightly less concentrated than the national average. This implies a healthy demand for these professionals relative to their availability, indicating a competitive yet accessible job market where skilled individuals can find opportunities without facing extreme competition.

Nearby Job Markets

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

CitySalaryDist.
Trenton-Princeton, NJ Property, Real Estate, and Community Association Managers Salary$87,310↓ 2%28 mi
Vineland, NJ Property, Real Estate, and Community Association Managers Salary$71,310↓ 20%35 mi
Allentown-Bethlehem-Easton, PA-NJ Property, Real Estate, and Community Association Managers Salary$86,930↓ 3%47 mi
Sussex Delaware nonmetropolitan area Property, Real Estate, and Community Association Managers Salary$67,280↓ 25%47 mi
Reading, PA Property, Real Estate, and Community Association Managers Salary$77,690↓ 13%48 mi

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Hiring Property, Real Estate, and Community Association Managerss?

Frequently Asked Questions

How much does a Property, Real Estate, and Community Association Managers make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Property, Real Estate, and Community Association Managers in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $89,260. This typically ranges from $48,150 for entry-level positions to $158,350 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 8.3% higher than the national median of $82,410.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Property, Real Estate, and Community Association Managerss?

Yes, it offers above-average compensation with a standard cost of living.The average salary of $89,260 is higher than the national average, and the cost of living is exactly at the national average, making it financially advantageous.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Property, Real Estate, and Community Association Managers?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Trenton-Princeton, NJ ($87,310) and Vineland, NJ.

How does the local workforce size impact job prospects?

A local workforce of 4,850 indicates a significant presence of these professionals, suggesting a stable market with ongoing demand for experienced managers.

What does a Location Quotient of 0.88 mean for job seekers?

A Location Quotient below 1.0 means the occupation is less concentrated than the national average, potentially indicating fewer candidates and more opportunities for qualified individuals.

How does the cost of living affect the $89,260 salary?

With a Cost of Living Index of 100, the $89,260 salary offers purchasing power equivalent to the national average, making it a stable income in the region.

Are there many job openings for Property, Real Estate, and Community Association Managers in this area?

While the concentration is slightly below average (LQ 0.88), the substantial local workforce and above-average salary suggest a healthy and active job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,850 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 1.692 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Semantic Salary Analysis for Property, Real Estate, and Community Association Managers • Data source: BLS OEWS 2024 •Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD