Property, Real Estate, and Community Association Managers in Southern Indiana nonmetropolitan areas earn an average annual salary of $71,410. This figure is notably below the national average of $82,410, reflecting regional economic factors and the specific demand dynamics within this less densely populated area. The localized nature of property management roles often ties compensation directly to the economic vitality and housing market conditions of the specific region.
Executive Summary
- Average Salary: $71,410 per year.
- Growth Trend: Salaries have shifted 67.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,340.
- Outlook: With a total local workforce of 290 professionals in this field, the Southern Indiana nonmetropolitan area presents a modest job market for Property, Real Estate, and Community Association Managers. The Location Quotient of 0.76 indicates a slightly lower concentration of these roles compared to the national average, suggesting a stable but not rapidly expanding demand. The presence of 1.458 jobs per 1,000 workers signifies a consistent, albeit specialized, employment landscape.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Southern Indiana nonmetropolitan area earns-13.3%below the national average.
$34.3
$1,373
$5,951
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for this precise region and role is not provided, it is generally assumed that salaries for Property, Real Estate, and Community Association Managers have seen steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing property values, evolving management technologies, and a greater emphasis on professional community association oversight, which would likely translate to incremental salary increases in Southern Indiana as well.
Property, Real Estate, and Community Association Managers Salary Distribution in Southern Indiana nonmetropolitan area
Career progression for Property, Real Estate, and Community Association Managers in Southern Indiana nonmetropolitan areas typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience in managing diverse portfolios or complex associations can command salaries well above the average. The percentile gaps in salary distribution clearly signify opportunities for career advancement and higher earning potential as one gains expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,990 | $16.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,558 | $25.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,700 | $28.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,263 | $42.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $117,340 | $56.4 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$71,410
Gross Pay
Real Wage (Purchasing Power)
$71,410
Adjusted for COL (100)
The nominal average salary of $71,410 in Southern Indiana nonmetropolitan areas is directly comparable to the national average Cost of Living Index of 100. This means that the purchasing power of the salary in this region is equivalent to the national average. Therefore, while the salary is lower than the national average for the profession, the cost of living being on par suggests that the real value of the income is maintained relative to national standards.
Job Market Context
290
Total Jobs
1.458
Per 1K Jobs
0.76
Location Quotient
Southern Indiana nonmetropolitan area has 0.76x 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 0.76 for Property, Real Estate, and Community Association Managers in Southern Indiana nonmetropolitan areas indicates that this profession is slightly less concentrated than the national average. This suggests that while the market is not saturated, the demand is also not exceptionally high, leading to a moderately competitive environment. Professionals entering this market may find fewer opportunities compared to more densely populated or economically dynamic regions, but established managers can leverage their expertise in a stable, albeit less robust, job market.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Southern Indiana nonmetropolitan area
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Southern Indiana nonmetropolitan area?
The median annual salary for a Property, Real Estate, and Community Association Managers in Southern Indiana nonmetropolitan area is $71,410. This typically ranges from $34,990 for entry-level positions to $117,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Indiana nonmetropolitan area is 13.3% lower than the national median of $82,410.
Is Southern Indiana nonmetropolitan area a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not compared to the national average.The average salary of $71,410 is below the national average of $82,410, although the cost of living is on par with the national average.
Is Southern Indiana nonmetropolitan area a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($78,620) and Columbus, IN.
How does the local workforce size affect job prospects?
A local workforce of 290 suggests a niche market; while stable, rapid job growth might be limited compared to larger metropolitan areas.
What does a Location Quotient of 0.76 mean for job seekers?
It implies fewer job opportunities relative to the national average, suggesting a less competitive but also less abundant job market for these professionals.
How does the Cost of Living Index impact the $71,410 salary?
With a Cost of Living Index of 100, the $71,410 salary has the same purchasing power as the national average, making it relatively stable despite being lower than the national salary average.
Are there significant salary differences based on experience in this region?
Yes, experience is a key driver of salary growth, with senior roles commanding significantly higher compensation than entry-level positions, reflecting career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Southern Indiana nonmetropolitan area area with a job density of 1.458 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Property, Real Estate, and Community Association Managers Salaries by State
Top Jobs in Southern Indiana nonmetropolitan area
- All Occupations Salary in Southern Indiana nonmetropolitan area
- Production Occupations Salary in Southern Indiana nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Southern Indiana nonmetropolitan area
- Office and Administrative Support Occupations Salary in Southern Indiana nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Southern Indiana nonmetropolitan area
- Sales and Related Occupations Salary in Southern Indiana nonmetropolitan area
- Miscellaneous Assemblers and Fabricators Salary in Southern Indiana nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Southern Indiana nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Southern Indiana nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Southern Indiana nonmetropolitan area
- Browse All Jobs in Southern Indiana nonmetropolitan area →
Semantic Salary Analysis for Property, Real Estate, and Community Association Managers • Data source: BLS OEWS 2024 •Jobs in Southern Indiana nonmetropolitan area