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Management · Illinois

How to Become a Property, Real Estate, and Community Association Managers in Illinois

Property, Real Estate, and Community Association Managers in Illinois earn a median salary of $73,250/year, which is 10% above the national average. Illinois has a state income tax of ~5.0%. After taxes and rent, a property, real estate, and community association managers takes home approximately $3,279/month. Most positions require Bachelor's degree.

$73K
Median salary in Illinois
+10%
vs. national average
5.0%
State income tax
10,070
Employed in Illinois

What a property, real estate, and community association managers can afford in Illinois

Gross annual salary$73,250
Est. monthly take-home (after fed + 5.0% state tax)$4,691/mo
Median 2BR rent (Illinois)-$1,412/mo
Rent as % of take-home30.1% (above 30% guideline)
Cost-of-living adjusted salary$73,250/yr (RPP: 100)
Monthly remaining after rent$3,279/mo

Becoming a property, real estate, and community association managers in Illinois

1

Meet education requirements

Property, Real Estate, and Community Association Managers positions in Illinois typically require Bachelor's degree. Programs are available at colleges and training institutions across Illinois. Research accredited programs in your area.

2

Gain required experience

Many property, real estate, and community association managers positions in Illinois require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Illinois licensure or certification

Illinois may require specific licensing or professional certification for property, real estate, and community association managerss. Requirements vary by state — contact the Illinois Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Illinois

Illinois employs 10,070 property, real estate, and community association managers. The highest concentrations are in Chicago-Naperville-Elgin and Bloomington.

Property, Real Estate, and Community Association Managers salary by metro area in Illinois

Metro areaMedianHourlyEmployment
Chicago-Naperville-Elgin$77K$36.97/hr8,330
Bloomington$74K$35.41/hr100
Champaign-Urbana$66K$31.96/hr220
Decatur$62K$30.02/hr40
Springfield$62K$29.69/hr90
Peoria$60K$29.04/hr110
Kankakee$56K$27.07/hr50
Rockford$55K$26.66/hr120

Property, Real Estate, and Community Association Managers salary range in Illinois

10th percentile (entry)
$39K
25th percentile
$56K
Median (50th)
$73K
75th percentile
$109K
90th percentile (senior)
$150K
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Property, Real Estate, and Community Association Managers careers in other states

Frequently asked questions

How much does a property, real estate, and community association managers make in Illinois?

The median property, real estate, and community association managers salary in Illinois is $73,250 per year ($35.22/hr). This is 10% above the national median of $66,700. Salaries range from $39,010 to $149,990.

What are the requirements to become a property, real estate, and community association managers in Illinois?

Property, Real Estate, and Community Association Managers positions in Illinois typically require Bachelor's degree. Illinois may have specific licensing or certification requirements. Check with the Illinois licensing board or department of labor for current requirements.

Can a property, real estate, and community association managers afford to live in Illinois?

At the median salary of $73,250, a property, real estate, and community association managers in Illinois would take home approximately $4,691/month after taxes. With median 2-bedroom rent at $1,412/month, that's 30.1% of take-home pay going to housing. This exceeds the recommended 30% guideline.

What are the best cities for property, real estate, and community association managers in Illinois?

The highest paying metro areas for property, real estate, and community association managers in Illinois are Chicago-Naperville-Elgin ($76,890), Bloomington ($73,640), Champaign-Urbana ($66,480). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.

Does Illinois have state income tax for property, real estate, and community association managers?

Yes, Illinois has a state income tax rate of approximately 5.0%. On a $73,250 salary, this means roughly $3,626/year in state income tax. Use our take-home pay calculator for a detailed breakdown.