Property, Real Estate, and Community Association Managers Salary

It’s a stretch — at the median salary of $56K, rent takes 32.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,199/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.

The 10th-percentile wage — what new property, real estate, and community association managers typically earn — is $46K/year. Take-home on that works out to about $2,731/month.

Local pay runs 20% below the national median — $56K here vs. $70K nationally.

Northwest Alabama nonmetropolitan area pays $56K median vs. the U.S. average of $70K — that’s -20%.

The median is $56,210 a year, that works out to about $27 an hour. But the range is wide: entry-level workers start around $45,520, and experienced property, real estate, and community association managers can clear $72,930. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $3,713/month after taxes. A 2-bedroom here rents for about $1,199/month, which eats 32.3% 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.

Northwest Alabama nonmetropolitan area has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median property, real estate, and community association managers salary is worth about $56,210 in national-average purchasing power.

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.