Property, Real Estate, and Community Association Managers in the Western North Carolina nonmetropolitan area earn an average annual salary of $57,860. This figure is notably lower than the national average of $82,410, reflecting the economic dynamics and demand specific to nonmetropolitan regions. Local market conditions and the concentration of related industries significantly influence compensation levels in this area.
Executive Summary
- Average Salary: $57,860 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,290.
- Outlook: The job market for Property, Real Estate, and Community Association Managers in Western North Carolina's nonmetropolitan areas appears stable, with a total local workforce of 360 individuals in this role. The Location Quotient of 0.73 suggests a slightly lower concentration of these professionals compared to the national average, indicating a moderate but not overwhelmingly saturated market. This suggests a steady demand for skilled managers within the region.
Salary Overview
The average Property, Real Estate, and Community Association Managers in Western North Carolina nonmetropolitan area earns-29.8%below the national average.
$27.8
$1,113
$4,822
Property, Real Estate, and Community Association Managers Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area isn't provided, it's reasonable to assume a general upward trend in salaries for Property, Real Estate, and Community Association Managers over the past four years, mirroring national trends. Economic recovery, increased property values, and evolving management complexities likely contribute to modest but consistent salary growth in the sector.
Property, Real Estate, and Community Association Managers Salary Distribution in Western North Carolina nonmetropolitan area
Career progression for Property, Real Estate, and Community Association Managers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive expertise in property management, financial oversight, and tenant relations, command higher compensation. The percentile gaps in salary distribution clearly signify these opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,100 | $17.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,395 | $20.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,480 | $24.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $72,325 | $34.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $88,290 | $42.4 |
Detailed Property, Real Estate, and Community Association Managers Market Analysis
Relocation Context
Nominal Salary
$57,860
Gross Pay
Real Wage (Purchasing Power)
$57,860
Adjusted for COL (100)
The nominal average salary of $57,860 in Western North Carolina's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a manager's salary in this region is equivalent to that of a manager earning the national average in a national-average cost-of-living area. Therefore, the salary offers a standard lifestyle relative to national benchmarks.
Job Market Context
360
Total Jobs
1.411
Per 1K Jobs
0.73
Location Quotient
Western North Carolina nonmetropolitan area has 0.73x 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 0.73, the market for Property, Real Estate, and Community Association Managers in Western North Carolina's nonmetropolitan areas is less concentrated than the national average. This suggests that while the profession is present, it is not as dominant a sector compared to other regions. The job market is likely competitive but offers opportunities for those with specialized skills, as the supply of professionals is slightly below the national benchmark.
Nearby Job Markets
Nearby Cities for Property, Real Estate, and Community Association Managers
Comparing salaries near Western North Carolina nonmetropolitan area
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Frequently Asked Questions
How much does a Property, Real Estate, and Community Association Managers make in Western North Carolina nonmetropolitan area?
The median annual salary for a Property, Real Estate, and Community Association Managers in Western North Carolina nonmetropolitan area is $57,860. This typically ranges from $36,100 for entry-level positions to $88,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Western North Carolina nonmetropolitan area is 29.8% lower than the national median of $82,410.
Is Western North Carolina nonmetropolitan area a lucrative place for Property, Real Estate, and Community Association Managerss?
No, it is not exceptionally lucrative compared to national averages.The average salary of $57,860 is significantly below the national average of $82,410, although the cost of living is on par with the national average.
Is Western North Carolina nonmetropolitan area a good place to live for Property, Real Estate, and Community Association Managers?
The Cost of Living Index in Western North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Western North Carolina nonmetropolitan area?
Some top paying nearby cities include Greensboro-High Point, NC ($68,370) and Pinehurst-Southern Pines, NC.
How does the local workforce size affect job prospects?
A local workforce of 360 suggests a moderate number of professionals in the field, indicating a stable but not overly saturated job market for Property, Real Estate, and Community Association Managers in this region.
What does a Location Quotient of 0.73 mean for job seekers?
A Location Quotient below 1.0, like 0.73, indicates that Property, Real Estate, and Community Association Managers are less concentrated in this nonmetropolitan area than nationally, potentially meaning fewer specialized roles but also less intense competition for general positions.
How does the Cost of Living Index impact the salary?
With a Cost of Living Index of 100, the $57,860 salary in Western North Carolina has the same purchasing power as the national average salary in a national-average cost-of-living area, making it a standard financial standing.
What are the typical career paths for these managers?
Career paths often involve starting in assistant or junior roles and progressing to senior management positions, overseeing larger portfolios or specialized property types, with corresponding salary increases.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Western North Carolina nonmetropolitan area area with a job density of 1.411 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 Western North Carolina nonmetropolitan area