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Average Property, Real Estate, and Community Association Managers Salary in Washington-Arlington-Alexandria, DC-VA-MD-WV

Property, Real Estate, and Community Association Managers in the Washington-Arlington-Alexandria, DC-VA-MD-WV area earn a significant average annual salary of $113,460. This figure substantially surpasses the national average of $82,410, indicating a robust demand and higher compensation structure within this dynamic metropolitan region. The concentration of economic activity and the unique market dynamics of the nation's capital contribute to this elevated pay scale.

Executive Summary

  • Average Salary: $113,460 per year.
  • Growth Trend: Salaries have shifted 22.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $181,210.
  • Outlook: The local job market for Property, Real Estate, and Community Association Managers in Washington-Arlington-Alexandria appears stable and slightly more concentrated than the national average, with a Location Quotient of 1.08. The total local workforce of 6,510 professionals suggests a substantial presence of these roles, indicating consistent demand for skilled individuals to manage properties and associations within this key economic hub.
2024 Market Data

Salary Overview

$113,460

The average Property, Real Estate, and Community Association Managers in Washington-Arlington-Alexandria, DC-VA-MD-WV earns+37.7%above the national average.

BreakdownBased on 40h/week
Hourly

$54.6

Weekly

$2,182

Monthly

$9,455

Property, Real Estate, and Community Association Managers Salary Distribution in Washington-Arlington-Alexandria, DC-VA-MD-WV

Career progression for Property, Real Estate, and Community Association Managers typically involves a significant salary increase from entry-level to senior positions. While exact percentile data is unavailable, the substantial gap between starting salaries and the $113,460 average suggests that experienced professionals command higher compensation. This reflects the increased responsibility, expertise, and proven track record required for managing complex real estate portfolios and community associations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,360$29.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$85,095$40.9
ManagerOversees team, compliance, and project delivery.50% (Median)$93,030$44.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$141,825$68.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$181,210$87.1

Detailed Property, Real Estate, and Community Association Managers Market Analysis

Relocation Context

Nominal Salary

$113,460

Gross Pay

Real Wage (Purchasing Power)

$113,460

Adjusted for COL (100)

With an average annual salary of $113,460 and a Cost of Living Index of 100 (matching the national average), the nominal salary in Washington-Arlington-Alexandria offers excellent purchasing power. This means that the higher earnings in this region are not significantly offset by increased living expenses, making it an economically attractive location for professionals in this field.

Job Market Context

6,510

Total Jobs

2.087

Per 1K Jobs

1.08

Location Quotient

Above Average

With a location quotient of 1.08, Washington-Arlington-Alexandria, DC-VA-MD-WV has a slightly higher-than-average concentration of Property, Real Estate, and Community Association Managers roles compared to the national norm.

The Location Quotient of 1.08 for Property, Real Estate, and Community Association Managers in Washington-Arlington-Alexandria indicates a job market that is slightly more concentrated than the national average. This suggests a healthy demand for these professionals, with a slightly higher proportion of these roles present locally compared to the rest of the country, making it a competitive yet potentially rewarding market.

Nearby Job Markets

Nearby Cities for Property, Real Estate, and Community Association Managers

CitySalaryDist.
Maryland nonmetropolitan area Property, Real Estate, and Community Association Managers Salary$78,820↓ 31%17 mi
Baltimore-Columbia-Towson, MD Property, Real Estate, and Community Association Managers Salary$101,380↓ 11%35 mi
Lexington Park, MD Property, Real Estate, and Community Association Managers Salary$77,370↓ 32%55 mi
Hagerstown-Martinsburg, MD-WV Property, Real Estate, and Community Association Managers Salary$73,900↓ 35%63 mi
Winchester, VA-WV Property, Real Estate, and Community Association Managers Salary$85,250↓ 25%64 mi

Comparing salaries near Washington-Arlington-Alexandria, DC-VA-MD-WV

Hiring Property, Real Estate, and Community Association Managerss?

Frequently Asked Questions

How much does a Property, Real Estate, and Community Association Managers make in Washington-Arlington-Alexandria, DC-VA-MD-WV?

The median annual salary for a Property, Real Estate, and Community Association Managers in Washington-Arlington-Alexandria, DC-VA-MD-WV is $113,460. This typically ranges from $61,360 for entry-level positions to $181,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Washington-Arlington-Alexandria, DC-VA-MD-WV is 37.7% higher than the national median of $82,410.

Is Washington-Arlington-Alexandria, DC-VA-MD-WV a lucrative place for Property, Real Estate, and Community Association Managerss?

Yes, it is a highly lucrative area.The average salary of $113,460 significantly exceeds the national average, and the cost of living is on par with the national average, offering strong purchasing power.

Is Washington-Arlington-Alexandria, DC-VA-MD-WV a good place to live for Property, Real Estate, and Community Association Managers?

The Cost of Living Index in Washington-Arlington-Alexandria, DC-VA-MD-WV is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Washington-Arlington-Alexandria, DC-VA-MD-WV?

Some top paying nearby cities include Maryland nonmetropolitan area ($78,820) and Baltimore-Columbia-Towson, MD.

How does the local salary compare to the national average?

The average annual salary for Property, Real Estate, and Community Association Managers in Washington-Arlington-Alexandria is $113,460, which is considerably higher than the national average of $82,410.

What is the size of the local workforce for this role?

The total local workforce for Property, Real Estate, and Community Association Managers in the Washington-Arlington-Alexandria area consists of 6,510 professionals.

How does the cost of living in Washington-Arlington-Alexandria affect the salary?

The Cost of Living Index is 100, which is the national average. This means the higher local salary of $113,460 provides strong real income and purchasing power for residents.

Is there high demand for Property, Real Estate, and Community Association Managers in this region?

With a Location Quotient of 1.08, the demand is slightly above the national average, indicating a healthy and slightly more concentrated job market for these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,510 employees in the Washington-Arlington-Alexandria, DC-VA-MD-WV area with a job density of 2.087 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Washington-Arlington-Alexandria, DC-VA-MD-WV

Semantic Salary Analysis for Property, Real Estate, and Community Association Managers • Data source: BLS OEWS 2024 •Jobs in Washington-Arlington-Alexandria, DC-VA-MD-WV