Average Property, Real Estate, and Community Association Managers Salary in Springfield, MO
Property, Real Estate, and Community Association Managers in Springfield, MO, earn an average annual salary of $69,460. This figure is notably below the national average of $82,410, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. The specific economic landscape of Springfield influences the earning potential for these vital roles.
Executive Summary
- Average Salary: $69,460 per year.
- Growth Trend: Salaries have shifted 58.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,230.
- Outlook: The local workforce for Property, Real Estate, and Community Association Managers in Springfield, MO, comprises 330 individuals. With a Location Quotient of 0.77, the concentration of these professionals is slightly below the national average, indicating a moderate but not saturated job market. The presence of 1.472 jobs per 1,000 workers suggests a steady demand for skilled managers in the area.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Springfield, MO earns-15.7%below the national average.
$33.4
$1,336
$5,788
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Springfield is not provided, it is generally assumed that salaries for Property, Real Estate, and Community Association Managers have seen consistent 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.
Property, Real Estate, and Community Association Managers Salary Distribution in Springfield, MO
Career progression for Property, Real Estate, and Community Association Managers in Springfield, MO, is marked by increasing earning potential. Entry-level positions typically fall in the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between these percentiles signifies substantial opportunities for salary growth as one advances in their career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,320 | $16.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,095 | $25 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,070 | $21.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,825 | $41.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $88,230 | $42.4 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$69,460
Gross Pay
Real Wage (Purchasing Power)
$69,460
Adjusted for COL (100)
The average annual salary of $69,460 for Property, Real Estate, and Community Association Managers in Springfield, MO, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, making it a financially neutral relocation from a cost-of-living perspective.
Job Market Context
330
Total Jobs
1.472
Per 1K Jobs
0.77
Location Quotient
Springfield, MO has 0.77x 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 0.77, Springfield, MO, has a slightly lower concentration of Property, Real Estate, and Community Association Managers compared to the national average. This suggests that the job market is not overly saturated, potentially offering good opportunities for qualified professionals. However, it also indicates that the demand might be less intense than in more concentrated national hubs.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
| City | Salary | Dist. |
|---|---|---|
| Joplin, MO-KS Property, Real Estate, and Community Association Managers Salary | $55,450↓ 20% | 67 mi |
| Fayetteville-Springdale-Rogers, AR Property, Real Estate, and Community Association Managers Salary | $81,750↑ 18% | 91 mi |
Comparing salaries near Springfield, MO
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Springfield, MO?
The median annual salary for a Property, Real Estate, and Community Association Managers in Springfield, MO is $69,460. This typically ranges from $34,320 for entry-level positions to $88,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MO is 15.7% lower than the national median of $82,410.
Is Springfield, MO a lucrative place for Property, Real Estate, and Community Association Managerss?
No, but the cost of living is balanced.The average salary of $69,460 is below the national average, but the local cost of living is also at the national average, meaning your earnings will have equivalent purchasing power.
Is Springfield, MO a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Springfield, MO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MO?
Some top paying nearby cities include Joplin, MO-KS ($55,450) and Fayetteville-Springdale-Rogers, AR.
How does the Springfield, MO salary compare to the national average?
The average salary in Springfield, MO, is $69,460, which is approximately 16% lower than the national average of $82,410 for Property, Real Estate, and Community Association Managers.
What is the significance of the Location Quotient (LQ) in Springfield, MO?
An LQ of 0.77 means that Springfield has fewer Property, Real Estate, and Community Association Managers per worker than the national average, indicating a less concentrated but potentially stable job market.
Does experience significantly impact salary for these roles in Springfield, MO?
Yes, experience is a key driver of salary. Entry-level managers will earn less, while senior managers with a proven track record can command higher salaries, reflecting the typical career progression in this field.
How does the cost of living affect the $69,460 salary in Springfield, MO?
Since the Cost of Living Index is 100 (the national average), the $69,460 salary in Springfield has the same purchasing power as the national average salary, making it neither exceptionally high nor low in real terms.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Springfield, MO area with a job density of 1.472 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 Springfield, MO