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Average Property, Real Estate, and Community Association Managers Salary in Wichita, KS

In Wichita, KS, Property, Real Estate, and Community Association Managers earn an average annual salary of $59,870. This figure is notably below the national average of $82,410, reflecting local economic conditions and market demand specific to the Wichita area. Factors such as the cost of living and the concentration of these roles within the local economy contribute to this salary differential.

Executive Summary

  • Average Salary: $59,870 per year.
  • Growth Trend: Salaries have shifted 25.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $95,320.
  • Outlook: The job market for Property, Real Estate, and Community Association Managers in Wichita, KS, appears moderately robust. With a total local workforce of 740 individuals in this sector and a Location Quotient of 1.25, the presence of these professionals is slightly more concentrated than the national average. This suggests a stable, albeit not rapidly expanding, demand for these specialized management skills within the Wichita metropolitan area.
2024 Market Data

Salary Overview

$59,870

The average Property, Real Estate, and Community Association Managers in Wichita, KS earns-27.4%below the national average.

BreakdownBased on 40h/week
Hourly

$28.8

Weekly

$1,151

Monthly

$4,989

Property, Real Estate, and Community Association Managers Salary Distribution in Wichita, KS

Career progression for Property, Real Estate, and Community Association Managers in Wichita, KS, is typically marked by increasing salary potential. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command significantly higher salaries. The percentile gaps in earnings clearly signify the value placed on accumulated expertise and demonstrated success in managing diverse real estate portfolios.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,330$14.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$44,903$21.6
ManagerOversees team, compliance, and project delivery.50% (Median)$49,550$23.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$74,838$36
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$95,320$45.8

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

Relocation Context

Nominal Salary

$59,870

Gross Pay

Real Wage (Purchasing Power)

$59,870

Adjusted for COL (100)

The nominal average salary of $59,870 in Wichita, KS, holds its value effectively due to the local Cost of Living Index being precisely at the national average of 100. This means that the purchasing power of a Wichita-based manager's salary is equivalent to that of a manager earning the national average in a location with a national average cost of living, offering a stable financial standing.

Job Market Context

740

Total Jobs

2.412

Per 1K Jobs

1.25

Location Quotient

Above Average

With a location quotient of 1.25, Wichita, KS 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 1.25, Wichita, KS, exhibits a slightly higher concentration of Property, Real Estate, and Community Association Managers compared to the national average. This indicates a somewhat more competitive job market for these professionals, suggesting that employers may have a slightly larger pool of local talent to draw from, while also signifying a solid demand for their services within the region.

Nearby Job Markets

Hiring Property, Real Estate, and Community Association Managerss?

Frequently Asked Questions

How much does a Property, Real Estate, and Community Association Managers make in Wichita, KS?

The median annual salary for a Property, Real Estate, and Community Association Managers in Wichita, KS is $59,870. This typically ranges from $29,330 for entry-level positions to $95,320 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wichita, KS is 27.4% lower than the national median of $82,410.

Is Wichita, KS a lucrative place for Property, Real Estate, and Community Association Managerss?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $59,870 is significantly lower than the national average of $82,410, indicating less lucrative earning potential in Wichita.

Is Wichita, KS a good place to live for Property, Real Estate, and Community Association Managers?

The Cost of Living Index in Wichita, KS is 100. While higher than average, this often correlates with higher wages.

How does the Wichita salary compare to the national average?

The average annual salary for Property, Real Estate, and Community Association Managers in Wichita, KS, is $59,870, which is considerably lower than the national average of $82,410.

What is the cost of living in Wichita, KS, for these managers?

The cost of living index in Wichita, KS, is 100, which is exactly the national average, meaning everyday expenses are neither cheaper nor more expensive than the typical US location.

Is there high demand for Property Managers in Wichita?

The Location Quotient of 1.25 suggests a slightly higher concentration of these roles than the national average, indicating a stable and present demand within the local market.

How many Property Managers are there in Wichita?

There are approximately 740 individuals employed as Property, Real Estate, and Community Association Managers in Wichita, KS, representing 2.412 jobs per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 740 employees in the Wichita, KS area with a job density of 2.412 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Property, Real Estate, and Community Association Managers • Data source: BLS OEWS 2024 •Jobs in Wichita, KS