Property, Real Estate, and Community Association Managers Salary
The median pay for a property, real estate, and community association managers in Lexington-Fayette, KY is $50,770/year ($24.41/hour), per BLS data. The range runs from $39K at the entry level to $80K for experienced workers. Cost of living is below average (RPP 92.89), which stretches that salary to about $54,656 in buying power. A 2-bedroom apartment runs $1,272/month, about 38.1% of take-home, which is tight.
Where the paycheck goes
What $51K actually covers in Lexington-Fayette, month by month
Groceries, utilities, transportation, and healthcare scaled from national averages by Lexington-Fayette’s Regional Price Parity (92.89). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About property, real estate, and community association managers
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What this looks like in Lexington-Fayette
Pay for property, real estate, and community association managers in Lexington-Fayette runs about 27% below the U.S. median of $70K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,272/month, which is 37.4% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 92.89 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. That combination, below-market pay with high housing costs, makes this a financially demanding market for property, real estate, and community association managers.
Compared to nearby metros
Median pay for property, real estate, and community association managers in metros near Lexington-Fayette, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Louisville/Jefferson County | $59K | $63K |
| Bowling Green | $53K | $59K |
| Elizabethtown | $47K | $52K |
| Owensboro | $52K | $59K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Lexington-Fayette, KY
Entry-level property, real estate, and community association managers (10th percentile) start around $39K. Mid-career wages sit at $51K. Top earners bring in $80K or more, a $41K spread from bottom to top.
Property, Real Estate, and Community Association Managers pay across states
Median income ranked highest to lowest, compared to the national figure
View Property, Real Estate, and Community Association Managers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Washington | $119K | +70% | 2,950 |
| Massachusetts | $103K | +48% | 7,320 |
| Colorado | $100K | +43% | 2,230 |
| New York | $99K | +42% | 11,390 |
| District of Columbia | $94K | +34% | 2,040 |
| New Jersey | $83K | +18% | 7,110 |
| Maryland | $82K | +17% | 6,060 |
| Rhode Island | $80K | +15% | 730 |
| Virginia | $80K | +14% | 5,570 |
| Oregon | $78K | +12% | 3,190 |
| Wisconsin | $78K | +11% | 1,560 |
| California | $77K | +10% | 50,040 |
| Alaska | $77K | +10% | 450 |
| New Hampshire | $76K | +8% | 730 |
| Georgia | $75K | +8% | 8,690 |
| Illinois | $75K | +7% | 11,180 |
| Connecticut | $74K | +6% | 2,760 |
| Florida | $71K | +1% | 30,160 |
| Hawaii | $70K | +0% | 1,930 |
| Delaware | $68K | -3% | 790 |
| Pennsylvania | $66K | -6% | 9,370 |
| Minnesota | $65K | -7% | 4,480 |
| Tennessee | $65K | -7% | 4,310 |
| Oklahoma | $65K | -8% | 2,520 |
| Utah | $64K | -8% | 3,020 |
| Arizona | $64K | -9% | 9,970 |
| South Carolina | $63K | -10% | 4,900 |
| Vermont | $63K | -10% | 560 |
| New Mexico | $62K | -11% | 1,410 |
| Missouri | $62K | -12% | 4,740 |
| Nebraska | $62K | -12% | 1,530 |
| North Carolina | $61K | -12% | 10,690 |
| Texas | $61K | -12% | 45,350 |
| Maine | $61K | -13% | 960 |
| Indiana | $61K | -13% | 4,670 |
| Michigan | $60K | -14% | 5,840 |
| Wyoming | $60K | -14% | 640 |
| Ohio | $59K | -16% | 9,960 |
| Kansas | $59K | -16% | 2,810 |
| North Dakota | $59K | -16% | 590 |
| Alabama | $58K | -17% | 3,510 |
| Montana | $58K | -17% | 1,130 |
| Iowa | $58K | -17% | 2,290 |
| Nevada | $56K | -20% | 5,630 |
| West Virginia | $55K | -22% | 1,130 |
| Mississippi | $54K | -23% | 1,300 |
| Kentucky | $53K | -25% | 2,670 |
| Idaho | $51K | -27% | 1,680 |
| Louisiana | $50K | -29% | 3,060 |
| South Dakota | $49K | -29% | 1,280 |
| Arkansas | $48K | -32% | 2,310 |
Showing 1–10 of 51 (all 50 states + DC)
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Quick answers
The stuff people actually ask about this job
Can a property, real estate, and community association manager afford a 2BR apartment alone in Lexington-Fayette?
It’s a stretch — at the median salary of $51K, rent takes 37.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,272/month. The 30% guideline puts the comfortable ceiling at roughly $1,000/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for property, real estate, and community association managers in Lexington-Fayette?
The 10th-percentile wage — what new property, real estate, and community association managers typically earn — is $39K/year. Take-home on that works out to about $2,644/month. At HUD’s $1,272/month FMR, rent would take 48% 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 Lexington-Fayette?
Local pay runs 27% below the national median — $51K here vs. $70K nationally. Cost of living is 7% below the national average, which narrows that gap in real purchasing power.
How does Lexington-Fayette compare to the national average for property, real estate, and community association managers?
Lexington-Fayette pays $51K median vs. the U.S. average of $70K — that’s -27%. After adjusting for local cost of living (RPP 92.89), the purchasing-power equivalent is $55K — below the national median.
How much do property, real estate, and community association managers make in Lexington-Fayette, KY?
The median is $50,770 a year, that works out to about $24 an hour. But the range is wide: entry-level workers start around $38,890, and experienced property, real estate, and community association managers can clear $79,550. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $51K enough to live in Lexington-Fayette?
On that salary, you'd take home roughly $3,400/month after taxes. A 2-bedroom here rents for about $1,272/month, which eats 37.4% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a property, real estate, and community association managers salary go in Lexington-Fayette?
Lexington-Fayette has a Regional Price Parity of 92.89 (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 $54,656 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.