Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, aged to 2026 using compounded market movement. State selections show BLS state-level figures where published. Actual pay varies with experience, industry, and organization size.
Property, Real Estate, and Community Association Managers salary by state
Long-term incentive is not shown for this role. Equity awards are only disclosed publicly for the named executive officers of public companies, so no market figure exists for most jobs. See executive pay disclosures.
About this role
Property, Real Estate, and Community Association Managers is a professional role within the function in the Management job family.
Typical entry preparation: Bachelor's Degree and up to 2 years of related work experience, per O*NET occupational data. Advancement typically requires additional years in role.
What Property, Real Estate, and Community Association Managerss do
Typical education: Bachelor's Degree
Prepare detailed budgets and financial reports for properties.
Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
Top skills:SpeakingReading ComprehensionActive ListeningWritingCoordinationNegotiation
Includes information from O*NET OnLine by the U.S. Department of Labor, Employment and Training Administration (CC BY 4.0).
Property, Real Estate, and Community Association Managers pay by experience level
Entry level$42,500
Typical starting pay (about the 10th percentile)
Early career$52,500
A few years in (about the 25th percentile)
Experienced$72,500
Mid-career median pay
Senior$101,500
Seasoned professionals (about the 75th percentile)
Top earners$144,500
Highest earners (about the 90th percentile)
Experience tiers are derived from the BLS wage percentile distribution for this occupation, aged to 2026. Actual pay varies by employer, location, and specialization.
Job outlook
+3.6%
projected change in jobs, 2024–2034
39,000
projected openings per year
Growing about as fast as average
Source: U.S. Bureau of Labor Statistics, Employment Projections program (2024–2034). Openings include growth and replacement needs.
Property, Real Estate, and Community Association Managers salary by industry
Real Estate
252,840 workers
$81,000
Management of Companies and Enterprises
8,920 workers
$134,000
Management of Companies and Enterprises
8,920 workers
$134,000
Federal, State, and Local Government, excluding State and Local Schools and Hospitals and USPS
7,770 workers
$96,500
Religious, Grantmaking, Civic, Professional, and Similar Organizations
7,560 workers
$81,000
Professional, Scientific, and Technical Services
7,200 workers
$114,500
Business, Professional, Labor, Political, and Similar Organizations
6,630 workers
$80,000
Local Government, excluding Schools and Hospitals (OEWS Designation)
6,150 workers
$94,000
Administrative and Support Services
5,280 workers
$80,500
Construction of Buildings
5,090 workers
$118,000
National sector-level figures, BLS OEWS May 2025, aged to 2026.
Typical duties and FLSA status
Core duties
Prepare detailed budgets and financial reports for properties.
Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
FLSA classification (typical)
Typically Exempt · Professional, Administrative, or Executive exemption
Occupations in this SOC group are typically classified as Exempt when paid above the salary threshold, provided they satisfy the duties test for one of the FLSA exemption categories. Actual classification depends on the specific job duties, salary basis, and any applicable state or local rules. The current federal salary threshold for exemption is $684 per week ($35,568 per year), per the 2020 Department of Labor rule; the 2024 rule that would have raised the threshold was struck down by federal court in November 2024.
How this role compares
Property, Real Estate, and Community Association Managers pays 40% below the average across 58 roles in the Management job family (family average $144,000).
Related occupations from O*NET OnLine, U.S. Department of Labor.
Frequently asked questions
How much does a Property, Real Estate, and Community Association Managers make?
The average base salary for a Property, Real Estate, and Community Association Managers in the United States is $86,500 per year, or about $41.59 per hour.
What is the typical salary range?
Pay typically falls between $52,500 and $101,500 per year (25th to 75th percentile) depending on experience, location, industry, and organization size.
How does this compare with other Management roles?
The Management job family averages $144,000 across 58 roles tracked by WePayFairly.
Need a defensible market price for this role? WePayFairly data is compiled from published survey sources and maintained by compensation professionals.
Need Property, Real Estate, and Community Association Managers pay benchmarked for your organization, or defensible compensation analysis for a dispute or valuation? Grahall builds it from primary sources, backed by an expert who testifies.
