Property, Real Estate, and Community Association Managers Salary
The median pay for a property, real estate, and community association managers in Tennessee is $64,870/year ($31.19/hour), per BLS data. The range runs from $41K at the entry level to $120K for experienced workers. Cost of living is below average (RPP 89.78), which stretches that salary to about $72,254 in buying power. Rent on a 2-bedroom averages $1,215/month, or 27% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Tennessee. Jump to a metro for precise data:
So what does $65K get you in Tennessee?
About property, real estate, and community association managers
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What this looks like in Tennessee
Property, real estate, and community association managers pay in Tennessee tracks closely to the national median, $65K locally vs. $70K nationwide, a 7% difference. Rent runs $1,215/month for a 2-bedroom (HUD FMR), taking 27% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 89.78 (national = 100), meaning everyday costs run about 10% cheaper here. Your dollar stretches further than the headline salary suggests. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compensation breakdown
Annual earnings by percentile, Tennessee
Entry-level property, real estate, and community association managers (10th percentile) start around $41K. Mid-career wages sit at $65K. Top earners bring in $120K or more, a $79K spread from bottom to top.
Property, Real Estate, and Community Association Managers salary by metro in Tennessee
8 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin | $69K | +6% | 1,970 |
| Knoxville | $64K | -2% | 500 |
| Chattanooga | $64K | -2% | 330 |
| Kingsport-Bristol | $61K | -5% | 90 |
| Memphis | $61K | -6% | 810 |
| Johnson City | $61K | -7% | 80 |
| Clarksville | $57K | -13% | 110 |
| Jackson | $46K | -29% | 70 |
Compare to other states
Track property, real estate, and community association managers salary changes
BLS updates this data quarterly. We'll email you when Tennessee numbers change.
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Frequently asked questions
Can a property, real estate, and community association manager afford a 2BR apartment alone in Tennessee?
Yes — at the median salary of $65K, rent takes 27% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,215/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 Tennessee?
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 $2,441/month. At HUD’s $1,215/month FMR, rent would take 50% 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 Tennessee?
Pay here is roughly in line with the national average — $65K locally vs. $70K nationally, a 7% difference.
How does Tennessee compare to the national average for property, real estate, and community association managers?
Tennessee pays $65K median vs. the U.S. average of $70K — that’s -7%. After adjusting for local cost of living (RPP 89.78), the purchasing-power equivalent is $72K — still ahead of the national median.
How much do property, real estate, and community association managers make in Tennessee?
The median is $64,870 a year, that works out to about $31 an hour. But the range is wide: entry-level workers start around $40,680, and experienced property, real estate, and community association managers can clear $119,900. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $65K enough to live in Tennessee?
On that salary, you'd take home roughly $4,502/month after taxes. A 2-bedroom here rents for about $1,215/month, which eats 27% 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 Tennessee?
Tennessee has a Regional Price Parity of 89.78 (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 $72,254 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.