Property, Real Estate, and Community Association Managers Salary
The median pay for a property, real estate, and community association managers in Illinois is $74,980/year ($36.05/hour), per BLS data. The range runs from $45K at the entry level to $143K for experienced workers. Cost of living is below average (RPP 93.85), which stretches that salary to about $79,893 in buying power. Rent on a 2-bedroom averages $1,407/month, or 28.6% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Illinois. Jump to a metro for precise data:
So what does $75K get you in Illinois?
About property, real estate, and community association managers
Sponsored links, AffordMap may earn a commission at no cost to you. Learn more
What this looks like in Illinois
Property, real estate, and community association managers pay in Illinois tracks closely to the national median, $75K locally vs. $70K nationwide, a 7% difference. Rent runs $1,407/month for a 2-bedroom (HUD FMR), taking 29.4% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 93.85 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compensation breakdown
Annual earnings by percentile, Illinois
Entry-level property, real estate, and community association managers (10th percentile) start around $45K. Mid-career wages sit at $75K. Top earners bring in $143K or more, a $99K spread from bottom to top.
Property, Real Estate, and Community Association Managers salary by metro in Illinois
7 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Chicago-Naperville-Elgin | $78K | +4% | 9,300 |
| Decatur | $72K | -4% | 40 |
| Champaign-Urbana | $64K | -15% | 270 |
| Bloomington | $63K | -16% | 80 |
| Peoria | $62K | -18% | 140 |
| Rockford | $61K | -19% | 140 |
| Springfield | $56K | -25% | 110 |
Compare to other states
Track property, real estate, and community association managers salary changes
BLS updates this data quarterly. We'll email you when Illinois numbers change.
Related careers in Management
Frequently asked questions
Can a property, real estate, and community association manager afford a 2BR apartment alone in Illinois?
Yes — at the median salary of $75K, rent takes 29.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,407/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for property, real estate, and community association managers in Illinois?
The 10th-percentile wage — what new property, real estate, and community association managers typically earn — is $45K/year. Take-home on that works out to about $2,674/month. At HUD’s $1,407/month FMR, rent would take 53% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is property, real estate, and community association manager a high-paying job in Illinois?
Pay here is roughly in line with the national average — $75K locally vs. $70K nationally, a 7% difference.
How does Illinois compare to the national average for property, real estate, and community association managers?
Illinois pays $75K median vs. the U.S. average of $70K — that’s +7%. After adjusting for local cost of living (RPP 93.85), the purchasing-power equivalent is $80K — still ahead of the national median.
How much do property, real estate, and community association managers make in Illinois?
The median is $74,980 a year, that works out to about $36 an hour. But the range is wide: entry-level workers start around $44,570, and experienced property, real estate, and community association managers can clear $143,200. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $75K enough to live in Illinois?
On that salary, you'd take home roughly $4,785/month after taxes. A 2-bedroom here rents for about $1,407/month, which eats 29.4% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a property, real estate, and community association managers salary go in Illinois?
Illinois has a Regional Price Parity of 93.85 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median property, real estate, and community association managers salary is worth about $79,893 in national-average purchasing power.
Where do property, real estate, and community association managers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.