Property, Real Estate, and Community Association Managers Salary in Memphis, TN-MS-AR
The median pay for a property, real estate, and community association managers in Memphis, TN-MS-AR is $60,110/year ($28.9/hour), per BLS data. The range runs from $38K at the entry level to $117K for experienced workers. Cost of living is below average (RPP 92.18), which stretches that salary to about $65,209 in buying power. A 2-bedroom apartment runs $1,274/month — about 30.5% of take-home, which is tight.
So what does $60K get you in Memphis?
Groceries, utilities, transportation, and healthcare scaled from national averages by Memphis’s Regional Price Parity (92.18). 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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Compensation breakdown
Annual earnings by percentile, Memphis, TN-MS-AR
Entry-level property, real estate, and community association managers (10th percentile) start around $38K. Mid-career wages sit at $60K. Top earners bring in $117K or more, a $79K 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
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Washington | $118K | +78% | 2,850 |
| Massachusetts | $89K | +34% | 5,860 |
| District of Columbia | $86K | +29% | 1,900 |
| Virginia | $84K | +26% | 4,920 |
| Maryland | $81K | +21% | 5,420 |
| Rhode Island | $80K | +20% | 600 |
| New Jersey | $78K | +17% | 6,220 |
| New York | $77K | +16% | 12,940 |
| Connecticut | $76K | +14% | 2,840 |
| Vermont | $75K | +13% | 580 |
| California | $75K | +13% | 50,410 |
| Wisconsin | $75K | +12% | 1,730 |
| Illinois | $73K | +10% | 10,070 |
| Oregon | $72K | +9% | 2,660 |
| Georgia | $71K | +6% | 8,530 |
| New Hampshire | $67K | +0% | 830 |
| Pennsylvania | $66K | -1% | 8,330 |
| Florida | $65K | -2% | 30,350 |
| Texas | $64K | -4% | N/A |
| Minnesota | $64K | -4% | 4,990 |
| Wyoming | $63K | -5% | 800 |
| Hawaii | $63K | -6% | 1,970 |
| Tennessee | $63K | -6% | 5,200 |
| Maine | $63K | -6% | 720 |
| Arizona | $62K | -6% | 8,610 |
| Nebraska | $62K | -7% | 1,220 |
| Delaware | $61K | -8% | 800 |
| Indiana | $61K | -8% | 4,270 |
| New Mexico | $60K | -10% | 1,310 |
| South Carolina | $60K | -10% | 4,100 |
| Oklahoma | $60K | -10% | 1,930 |
| Nevada | $59K | -11% | 4,090 |
| Utah | $59K | -11% | 3,210 |
| Alaska | $59K | -12% | 660 |
| Missouri | $58K | -12% | 4,130 |
| Michigan | $58K | -12% | 6,580 |
| North Dakota | $58K | -14% | 700 |
| Ohio | $57K | -14% | 9,740 |
| Alabama | $56K | -16% | 3,460 |
| Idaho | $56K | -16% | 1,480 |
| Kansas | $56K | -16% | 2,880 |
| Iowa | $54K | -19% | 2,160 |
| Louisiana | $52K | -22% | 2,610 |
| Kentucky | $49K | -26% | 2,640 |
| Mississippi | $49K | -27% | 1,960 |
| West Virginia | $48K | -28% | 1,610 |
| Montana | $48K | -28% | 1,120 |
| South Dakota | $46K | -31% | 1,380 |
| Arkansas | $46K | -31% | 2,070 |
Showing 1–10 of 49 states
BLS does not publish data for every state when sample sizes are too small
Track property, real estate, and community association managers salary changes
BLS updates this data quarterly. We'll email you when Memphis numbers change.
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Frequently asked questions
How much do property, real estate, and community association managers make in Memphis, TN-MS-AR?
The median is $60,110 a year, that works out to about $29 an hour. But the range is wide: entry-level workers start around $37,740, and experienced property, real estate, and community association managers can clear $116,590. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $60K enough to live in Memphis?
On that salary, you'd take home roughly $4,195/month after taxes. A 2-bedroom here rents for about $1,274/month, which eats 30.4% 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 Memphis?
Memphis has a Regional Price Parity of 92.18 (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 $65,209 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.