Property, Real Estate, and Community Association Managers in the Seattle-Tacoma-Bellevue, WA area command an impressive average annual salary of $124,680. This figure significantly outpaces the national average of $82,410, reflecting the region's robust economic activity and demand for skilled professionals in property management. The dynamic real estate market and high cost of doing business in this metropolitan area contribute to the elevated compensation for these essential roles.
Executive Summary
- Average Salary: $124,680 per year.
- Growth Trend: Salaries have shifted 23.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $186,440.
- Outlook: The Seattle-Tacoma-Bellevue metropolitan area hosts a local workforce of 2,110 Property, Real Estate, and Community Association Managers. While the Location Quotient of 0.53 suggests a slightly lower concentration compared to the national average, the presence of over two thousand professionals indicates a substantial and active market. The rate of 1.015 jobs per 1,000 workers signifies a steady demand for these specialized skills within the region's thriving economy.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Seattle-Tacoma-Bellevue, WA earns+51.3%above the national average.
$59.9
$2,398
$10,390
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Property, Real Estate, and Community Association Managers in the Seattle-Tacoma-Bellevue area have experienced consistent growth over the past four years. This trend is typically driven by escalating property values, increasing rental demand, and the overall economic expansion characteristic of major West Coast metropolitan hubs. Such upward salary trajectories are common in dynamic real estate markets.
Property, Real Estate, and Community Association Managers Salary Distribution in Seattle-Tacoma-Bellevue, WA
Career progression for Property, Real Estate, and Community Association Managers in Seattle-Tacoma-Bellevue is marked by significant salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience in complex property portfolios or community development can command salaries well above the average. The percentile gaps in earnings clearly delineate the career ladder, rewarding expertise and proven management capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $74,520 | $35.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $93,510 | $45 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $118,980 | $57.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $155,850 | $74.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $186,440 | $89.6 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$124,680
Gross Pay
Real Wage (Purchasing Power)
$124,680
Adjusted for COL (100)
The nominal average annual salary of $124,680 in Seattle-Tacoma-Bellevue, WA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a manager's salary in this region is equivalent to the national average. While the high salary is attractive, it is balanced by the cost of living, indicating that the compensation is commensurate with the expenses associated with living in this desirable metropolitan area.
Job Market Context
2,110
Total Jobs
1.015
Per 1K Jobs
0.53
Location Quotient
Seattle-Tacoma-Bellevue, WA has 0.53x 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 0.53, the Seattle-Tacoma-Bellevue area has a slightly lower concentration of Property, Real Estate, and Community Association Managers relative to the national average. This suggests that while the market is not oversaturated, there is a healthy presence of professionals. It indicates a competitive but accessible job market where skilled individuals can find opportunities without facing extreme competition, while employers can source qualified talent.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Seattle-Tacoma-Bellevue, WA
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Seattle-Tacoma-Bellevue, WA?
The median annual salary for a Property, Real Estate, and Community Association Managers in Seattle-Tacoma-Bellevue, WA is $124,680. This typically ranges from $74,520 for entry-level positions to $186,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Seattle-Tacoma-Bellevue, WA is 51.3% higher than the national median of $82,410.
Is Seattle-Tacoma-Bellevue, WA a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, it is a highly lucrative location.The average salary of $124,680 is substantially higher than the national average, and it is balanced by a Cost of Living Index of 100, indicating strong earning potential relative to expenses.
Is Seattle-Tacoma-Bellevue, WA a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Seattle-Tacoma-Bellevue, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Seattle-Tacoma-Bellevue, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($126,180) and Western Washington nonmetropolitan area.
How does the Seattle-Tacoma-Bellevue salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Seattle-Tacoma-Bellevue is $124,680, which is significantly higher than the national average of $82,410.
What is the total number of Property, Real Estate, and Community Association Managers in the Seattle-Tacoma-Bellevue area?
There are approximately 2,110 Property, Real Estate, and Community Association Managers employed in the Seattle-Tacoma-Bellevue metropolitan area.
How concentrated are Property, Real Estate, and Community Association Managers in Seattle-Tacoma-Bellevue compared to the nation?
The Location Quotient is 0.53, meaning the concentration of these professionals is about half that of the national average, indicating a less dense but still significant presence.
Does the high salary in Seattle-Tacoma-Bellevue reflect a high cost of living?
The salary is balanced by a Cost of Living Index of 100, which is the national average. This suggests that while the nominal salary is high, its purchasing power is equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,110 employees in the Seattle-Tacoma-Bellevue, WA area with a job density of 1.015 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 Seattle-Tacoma-Bellevue, WA