Property, Real Estate, and Community Association Managers in Portland-South Portland, ME, earn an average annual salary of $77,870. This figure is slightly below the national average of $82,410, suggesting that local market dynamics and demand influence compensation in this specific region. The concentration of these roles within the local workforce also plays a part in shaping the overall pay scale.
Executive Summary
- Average Salary: $77,870 per year.
- Growth Trend: Salaries have shifted 4.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,150.
- Outlook: The job market for Property, Real Estate, and Community Association Managers in Portland-South Portland, ME, shows a moderate presence, with 360 professionals in the field. The Location Quotient of 0.66 indicates a lower concentration compared to the national average, suggesting that while the roles exist, they are not as densely populated as in other areas. This could imply a stable, albeit not rapidly expanding, demand for these services within the local economy.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Portland-South Portland, ME earns-5.5%below the national average.
$37.4
$1,498
$6,489
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for this role in Portland-South Portland, ME is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic growth, increasing property values, and a consistent need for property management services typically drive salary increases in this sector, even in localized markets.
Property, Real Estate, and Community Association Managers Salary Distribution in Portland-South Portland, ME
Career progression for Property, Real Estate, and Community Association Managers in Portland-South Portland, ME, is typically marked by increasing earning potential. Entry-level positions may start at a lower percentile of the salary range, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher, often reaching the upper percentiles. These salary gaps reflect the value placed on expertise, responsibility, and a proven track record in managing diverse property portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,970 | $22.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,403 | $28.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,160 | $31.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,338 | $46.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,150 | $51.5 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$77,870
Gross Pay
Real Wage (Purchasing Power)
$77,870
Adjusted for COL (100)
The nominal average salary of $77,870 in Portland-South Portland, ME, 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 area is equivalent to the national average. Consequently, relocating to Portland-South Portland, ME, for this profession offers a cost of living that is neither a significant advantage nor a disadvantage compared to the rest of the country.
Job Market Context
360
Total Jobs
1.277
Per 1K Jobs
0.66
Location Quotient
Portland-South Portland, ME has 0.66x 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.
With a Location Quotient of 0.66, the market for Property, Real Estate, and Community Association Managers in Portland-South Portland, ME, is less concentrated than the national average. This suggests that while there is a consistent need for these professionals, the job market may be less competitive than in areas with a higher concentration of similar roles. This could translate to more opportunities for skilled individuals seeking employment or career advancement.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Portland-South Portland, ME
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Portland-South Portland, ME?
The median annual salary for a Property, Real Estate, and Community Association Managers in Portland-South Portland, ME is $77,870. This typically ranges from $46,970 for entry-level positions to $107,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-South Portland, ME is 5.5% lower than the national median of $82,410.
Is Portland-South Portland, ME a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not significantly more lucrative than the national average.The average salary of $77,870 is slightly below the national average, and the cost of living is on par with the national average, indicating no substantial financial advantage.
Is Portland-South Portland, ME a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-South Portland, ME?
Some top paying nearby cities include Lewiston-Auburn, ME ($72,220) and Central New Hampshire nonmetropolitan area.
How does the Portland-South Portland, ME salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Portland-South Portland, ME, is $77,870, which is slightly lower than the national average of $82,410.
What is the concentration of Property, Real Estate, and Community Association Managers in Portland-South Portland, ME?
The concentration, measured by the Location Quotient, is 0.66, indicating that these roles are less common in Portland-South Portland, ME, compared to the national average.
Does the cost of living affect the salary in Portland-South Portland, ME?
The Cost of Living Index in Portland-South Portland, ME, is 100, which is the national average. This means the $77,870 salary has purchasing power equivalent to the national average.
How many Property, Real Estate, and Community Association Managers work in Portland-South Portland, ME?
There are approximately 360 Property, Real Estate, and Community Association Managers employed in the Portland-South Portland, ME area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Portland-South Portland, ME area with a job density of 1.277 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 Portland-South Portland, ME