Property, Real Estate, and Community Association Managers Salary
The median pay for a property, real estate, and community association managers in Mankato, MN is $57,830/year ($27.8/hour), per BLS data. The range runs from $48K at the entry level to $80K for experienced workers. Cost of living is below average (RPP 90.95), which stretches that salary to about $63,584 in buying power. A 2-bedroom apartment runs $1,171/month, about 31% of take-home, which is tight.
So what does $58K get you in Mankato?
Groceries, utilities, transportation, and healthcare scaled from national averages by Mankato’s Regional Price Parity (90.95). 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 Mankato
Pay for property, real estate, and community association managers in Mankato runs about 17% below the U.S. median of $70K. Rent runs $1,171/month for a 2-bedroom (HUD FMR), taking 30.6% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 90.95 (national = 100), meaning everyday costs run about 9% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for property, real estate, and community association managers in metros near Mankato, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Minneapolis-St. Paul-Bloomington | $70K | $66K |
| St. Cloud | $59K | $68K |
| Duluth | $59K | $67K |
| Rochester | $63K | $69K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Mankato, MN
Entry-level property, real estate, and community association managers (10th percentile) start around $48K. Mid-career wages sit at $58K. Top earners bring in $80K or more, a $32K 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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Frequently asked questions
Can a property, real estate, and community association manager afford a 2BR apartment alone in Mankato?
It’s a stretch — at the median salary of $58K, rent takes 30.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,171/month. The 30% guideline puts the comfortable ceiling at roughly $1,100/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 Mankato?
The 10th-percentile wage — what new property, real estate, and community association managers typically earn — is $48K/year. Take-home on that works out to about $2,872/month. At HUD’s $1,171/month FMR, rent would take 41% 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 Mankato?
Local pay runs 17% below the national median — $58K here vs. $70K nationally. Cost of living is 9% below the national average, which narrows that gap in real purchasing power.
How does Mankato compare to the national average for property, real estate, and community association managers?
Mankato pays $58K median vs. the U.S. average of $70K — that’s -17%. After adjusting for local cost of living (RPP 90.95), the purchasing-power equivalent is $64K — below the national median.
How much do property, real estate, and community association managers make in Mankato, MN?
The median is $57,830 a year, that works out to about $28 an hour. But the range is wide: entry-level workers start around $47,860, and experienced property, real estate, and community association managers can clear $80,010. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $58K enough to live in Mankato?
On that salary, you'd take home roughly $3,833/month after taxes. A 2-bedroom here rents for about $1,171/month, which eats 30.6% 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 Mankato?
Mankato has a Regional Price Parity of 90.95 (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 $63,584 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.