Average Property, Real Estate, and Community Association Managers Salary in Tuscaloosa, AL
In Tuscaloosa, AL, Property, Real Estate, and Community Association Managers earn an average annual salary of $51,260. This figure is notably lower than the national average of $82,410, reflecting regional economic factors and the specific demand dynamics within the Tuscaloosa market. Localized market conditions, including the supply of qualified professionals and the overall economic health of the area, significantly influence compensation levels.
Executive Summary
- Average Salary: $51,260 per year.
- Growth Trend: Salaries have shifted 20.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $78,240.
- Outlook: The job market for Property, Real Estate, and Community Association Managers in Tuscaloosa, AL, shows a moderate level of concentration, with a Location Quotient of 1.41 indicating a presence slightly above the national average. The total local workforce of 290 professionals suggests a stable, albeit not expansive, demand for these roles within the community.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Tuscaloosa, AL earns-37.8%below the national average.
$24.7
$986
$4,272
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for Tuscaloosa 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 complexities, and a sustained demand for skilled professionals in the real estate sector.
Property, Real Estate, and Community Association Managers Salary Distribution in Tuscaloosa, AL
Career progression for Property, Real Estate, and Community Association Managers in Tuscaloosa, AL, typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries well into the higher percentiles, reflecting a clear path for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,440 | $14.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $38,445 | $18.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,880 | $23.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $64,075 | $30.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $78,240 | $37.6 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$51,260
Gross Pay
Real Wage (Purchasing Power)
$51,260
Adjusted for COL (100)
The nominal average salary of $51,260 in Tuscaloosa, AL, aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is below the national average, the purchasing power of that salary locally is equivalent to the national average, suggesting that the lower nominal wage is offset by more affordable living expenses.
Job Market Context
290
Total Jobs
2.708
Per 1K Jobs
1.41
Location Quotient
With a location quotient of 1.41, Tuscaloosa, AL has a slightly higher-than-average concentration of Property, Real Estate, and Community Association Managers roles compared to the national norm.
With a Location Quotient of 1.41, Tuscaloosa, AL, exhibits a concentration of Property, Real Estate, and Community Association Managers that is 41% higher than the national average. This suggests a relatively robust market for these professionals, with a greater proportion of jobs available locally compared to the national distribution, potentially indicating a competitive but also opportunity-rich environment.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Tuscaloosa, AL
Hiring Property, Real Estate, and Community Association Managerss?
Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Tuscaloosa, AL?
The median annual salary for a Property, Real Estate, and Community Association Managers in Tuscaloosa, AL is $51,260. This typically ranges from $30,440 for entry-level positions to $78,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tuscaloosa, AL is 37.8% lower than the national median of $82,410.
Is Tuscaloosa, AL a lucrative place for Property, Real Estate, and Community Association Managerss?
No, not when compared to national averages.While the cost of living is at the national average, the average salary of $51,260 is significantly lower than the national average of $82,410, indicating less lucrative earning potential.
Is Tuscaloosa, AL a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Tuscaloosa, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Tuscaloosa, AL?
Some top paying nearby cities include Birmingham, AL ($76,560) and Northeast Alabama nonmetropolitan area.
How does the Tuscaloosa salary compare to the national average?
The average salary for Property, Real Estate, and Community Association Managers in Tuscaloosa, AL is $51,260, which is considerably lower than the national average of $82,410.
What is the concentration of Property, Real Estate, and Community Association Managers in Tuscaloosa?
Tuscaloosa has a concentration of these professionals with a Location Quotient of 1.41, meaning they are 41% more concentrated than the national average.
How does the cost of living in Tuscaloosa affect the salary?
Tuscaloosa's Cost of Living Index is 100, which is the national average. This means the $51,260 salary has purchasing power equivalent to the national average, despite being lower in nominal terms.
What is the total number of Property, Real Estate, and Community Association Managers in Tuscaloosa?
There are approximately 290 Property, Real Estate, and Community Association Managers employed in Tuscaloosa, AL.
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 Tuscaloosa, AL area with a job density of 2.708 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 Tuscaloosa, AL