Property, Real Estate, and Community Association Managers in the Trenton-Princeton, NJ area earn an impressive average annual salary of $87,310. This figure notably surpasses the national average of $82,410, indicating a premium for these professionals in this specific locale. The demand and specialized nature of property management within the region likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $87,310 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $150,980.
- Outlook: The Trenton-Princeton area supports a local workforce of 370 Property, Real Estate, and Community Association Managers. With a Location Quotient of 0.8, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated market. The presence of 1.543 jobs per 1,000 workers indicates a consistent demand for skilled professionals in this sector.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Trenton-Princeton, NJ earns+5.9%above the national average.
$42
$1,679
$7,276
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 Trenton-Princeton area have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing property values, and evolving management complexities likely drive this upward trajectory in compensation.
Property, Real Estate, and Community Association Managers Salary Distribution in Trenton-Princeton, NJ
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 and specialized certifications can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles reflects the accumulation of expertise, responsibility, and proven success in managing diverse property portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,870 | $21.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,483 | $31.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,070 | $35.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,138 | $52.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $150,980 | $72.6 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$87,310
Gross Pay
Real Wage (Purchasing Power)
$87,310
Adjusted for COL (100)
The average annual salary of $87,310 in Trenton-Princeton, NJ, 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 area is equivalent to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
370
Total Jobs
1.543
Per 1K Jobs
0.8
Location Quotient
Trenton-Princeton, NJ has 0.80x 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.
A Location Quotient of 0.8 for Property, Real Estate, and Community Association Managers in Trenton-Princeton suggests that this profession is slightly less concentrated here compared to the national average. This indicates a moderately competitive job market where demand is present but not overwhelmingly high, potentially offering good opportunities for qualified candidates without intense competition.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Trenton-Princeton, NJ
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Trenton-Princeton, NJ?
The median annual salary for a Property, Real Estate, and Community Association Managers in Trenton-Princeton, NJ is $87,310. This typically ranges from $43,870 for entry-level positions to $150,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Trenton-Princeton, NJ is 5.9% higher than the national median of $82,410.
Is Trenton-Princeton, NJ a lucrative place for Property, Real Estate, and Community Association Managerss?
Yes, it is a lucrative place.Professionals in this field earn above the national average salary, and the cost of living is on par with the national average, offering strong purchasing power.
Is Trenton-Princeton, NJ a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Trenton-Princeton, NJ?
Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($89,260) and Allentown-Bethlehem-Easton, PA-NJ.
How does the local workforce size affect job opportunities?
A local workforce of 370 indicates a substantial, established presence of these professionals, suggesting ongoing demand and opportunities for both new entrants and experienced individuals.
What does a Location Quotient of 0.8 signify?
A Location Quotient of 0.8 means that Property, Real Estate, and Community Association Managers are slightly less common in Trenton-Princeton than the national average, implying a stable job market with potentially fewer candidates competing for roles.
How does the cost of living impact the salary advantage?
With a Cost of Living Index of 100, the salary advantage of $87,310 over the national average translates directly into increased disposable income and purchasing power for residents.
What is the job density for this role in Trenton-Princeton?
There are approximately 1.543 Property, Real Estate, and Community Association Manager jobs per 1,000 workers in the Trenton-Princeton area, indicating a moderate level of employment concentration for this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Trenton-Princeton, NJ area with a job density of 1.543 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 Trenton-Princeton, NJ
- All Occupations Salary in Trenton-Princeton, NJ
- Office and Administrative Support Occupations Salary in Trenton-Princeton, NJ
- Business and Financial Operations Occupations Salary in Trenton-Princeton, NJ
- Management Occupations Salary in Trenton-Princeton, NJ
- Transportation and Material Moving Occupations Salary in Trenton-Princeton, NJ
- Educational Instruction and Library Occupations Salary in Trenton-Princeton, NJ
- Sales and Related Occupations Salary in Trenton-Princeton, NJ
- Food Preparation and Serving Related Occupations Salary in Trenton-Princeton, NJ
- Healthcare Practitioners and Technical Occupations Salary in Trenton-Princeton, NJ
- Computer and Mathematical Occupations Salary in Trenton-Princeton, NJ
- Browse All Jobs in Trenton-Princeton, NJ →
Semantic Salary Analysis for Property, Real Estate, and Community Association Managers • Data source: BLS OEWS 2024 •Jobs in Trenton-Princeton, NJ