Property, Real Estate, and Community Association Managers Salary
The median pay for a property, real estate, and community association managers in New Mexico is $62,230/year ($29.92/hour), per BLS data. The range runs from $41K at the entry level to $100K for experienced workers. Cost of living is below average (RPP 93.06), which stretches that salary to about $66,871 in buying power. Rent on a 2-bedroom averages $1,119/month, or 27.4% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across New Mexico. Jump to a metro for precise data:
So what does $62K get you in New Mexico?
About property, real estate, and community association managers
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What this looks like in New Mexico
Pay for property, real estate, and community association managers in New Mexico runs about 11% below the U.S. median of $70K. Rent runs $1,119/month for a 2-bedroom (HUD FMR), taking 26.9% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 93.06 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, New Mexico
Entry-level property, real estate, and community association managers (10th percentile) start around $41K. Mid-career wages sit at $62K. Top earners bring in $100K or more, a $59K spread from bottom to top.
Property, Real Estate, and Community Association Managers salary by metro in New Mexico
4 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Santa Fe | $66K | +6% | 140 |
| Albuquerque | $62K | +0% | 660 |
| Farmington | $61K | -2% | 60 |
| Las Cruces | $60K | -4% | 130 |
Compare to other states
Track property, real estate, and community association managers salary changes
BLS updates this data quarterly. We'll email you when New Mexico numbers change.
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Frequently asked questions
Can a property, real estate, and community association manager afford a 2BR apartment alone in New Mexico?
Yes — at the median salary of $62K, rent takes 26.9% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,119/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 New Mexico?
The 10th-percentile wage — what new property, real estate, and community association managers typically earn — is $41K/year. Take-home on that works out to about $2,443/month. At HUD’s $1,119/month FMR, rent would take 46% 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 New Mexico?
Local pay runs 11% below the national median — $62K here vs. $70K nationally. Cost of living is 7% below the national average, which narrows that gap in real purchasing power.
How does New Mexico compare to the national average for property, real estate, and community association managers?
New Mexico pays $62K median vs. the U.S. average of $70K — that’s -11%. After adjusting for local cost of living (RPP 93.06), the purchasing-power equivalent is $67K — below the national median.
How much do property, real estate, and community association managers make in New Mexico?
The median is $62,230 a year, that works out to about $30 an hour. But the range is wide: entry-level workers start around $40,720, and experienced property, real estate, and community association managers can clear $100,120. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $62K enough to live in New Mexico?
On that salary, you'd take home roughly $4,166/month after taxes. A 2-bedroom here rents for about $1,119/month, which eats 26.9% 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 New Mexico?
New Mexico has a Regional Price Parity of 93.06 (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 $66,871 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.