Property, Real Estate, and Community Association Managers in Scranton--Wilkes-Barre, PA, earn an average annual salary of $67,740. This figure is notably below the national average of $82,410, reflecting regional economic factors and potentially a lower demand for specialized management roles in this specific metropolitan area. The compensation is directly influenced by the local market dynamics and the overall economic health of the region.
Executive Summary
- Average Salary: $67,740 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $111,340.
- Outlook: The local job market for Property, Real Estate, and Community Association Managers in Scranton--Wilkes-Barre, PA, appears to be relatively stable, though not a major hub for this profession. With a total local workforce of 200 individuals in this role and a Location Quotient of 0.41, the concentration of these professionals is less than half the national average. This suggests a moderate demand and a less saturated market compared to national trends.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Scranton--Wilkes-Barre, PA earns-17.8%below the national average.
$32.6
$1,303
$5,645
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Scranton--Wilkes-Barre is not provided, it is generally assumed that salaries for Property, Real Estate, and Community Association Managers have seen incremental growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is typically driven by increasing property values, evolving management technologies, and a growing need for skilled professionals to oversee diverse real estate portfolios.
Property, Real Estate, and Community Association Managers Salary Distribution in Scranton--Wilkes-Barre, PA
Career progression for Property, Real Estate, and Community Association Managers significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience in property acquisition, leasing, tenant relations, and financial management can command substantially higher salaries. The percentile gaps in salary distributions clearly signify the value placed on accumulated expertise and demonstrated success in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,770 | $19.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,805 | $24.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,550 | $27.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $84,675 | $40.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $111,340 | $53.5 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$67,740
Gross Pay
Real Wage (Purchasing Power)
$67,740
Adjusted for COL (100)
The nominal average salary of $67,740 in Scranton--Wilkes-Barre, PA, aligns perfectly with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average for this role, the purchasing power of that salary is equivalent to the national average. Therefore, the salary offers a comparable standard of living to what one might expect elsewhere in the country, despite the lower nominal wage.
Job Market Context
200
Total Jobs
0.78
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Scranton--Wilkes-Barre, PA 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.
With a Location Quotient of 0.41, the Scranton--Wilkes-Barre, PA market has a significantly lower concentration of Property, Real Estate, and Community Association Managers compared to the national average. This indicates that the job market is less competitive and potentially offers more opportunities for skilled professionals to establish themselves, as the supply of these specialized roles is relatively scarce within the region.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Scranton--Wilkes-Barre, PA
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Scranton--Wilkes-Barre, PA?
The median annual salary for a Property, Real Estate, and Community Association Managers in Scranton--Wilkes-Barre, PA is $67,740. This typically ranges from $39,770 for entry-level positions to $111,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Scranton--Wilkes-Barre, PA is 17.8% lower than the national median of $82,410.
Is Scranton--Wilkes-Barre, PA a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $67,740 is substantially lower than the national average of $82,410 for this profession.
Is Scranton--Wilkes-Barre, PA a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Scranton--Wilkes-Barre, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Scranton--Wilkes-Barre, PA?
Some top paying nearby cities include Binghamton, NY ($76,330) and Allentown-Bethlehem-Easton, PA-NJ.
How does the local workforce size affect job prospects?
A local workforce of 200 suggests a niche market. While this can mean less competition, it also implies fewer overall job openings compared to larger metropolitan areas with higher concentrations of these professionals.
What does a Location Quotient of 0.41 mean for job seekers?
A Location Quotient below 1.0, like 0.41, indicates that this profession is less common in Scranton--Wilkes-Barre than the national average. This could translate to fewer specialized roles but potentially less competition for available positions.
How does the Cost of Living Index impact the salary?
An index of 100 means the cost of living is exactly average. This suggests that the $67,740 salary, while lower than the national average wage, provides a standard of living comparable to the national average due to lower expenses.
Are there many jobs per 1,000 workers for this role in Scranton?
With 0.78 jobs per 1,000 workers, this role represents a small fraction of the overall employment landscape in Scranton--Wilkes-Barre, indicating it's not a dominant industry sector locally.
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 Scranton--Wilkes-Barre, PA area with a job density of 0.78 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 Scranton--Wilkes-Barre, PA