Property, Real Estate, and Community Association Managers Salary in Detroit, MI

In Detroit, MI, Property, Real Estate, and Community Association Managers earn a median annual salary of $58,740, which translates to a median hourly wage of $28.24. When compared to the national median for this occupation at $66,700, Detroit's figures are notably lower. Locally, the median household income stands at $75,123, indicating that individuals in this role earn less than the typical household within the area. This disparity reflects both regional economic conditions and potentially varying demand for real estate management services compared to other parts of the United States.

Entry-level workers in this field typically begin with salaries around the 10th percentile mark, earning approximately $38,680 annually. As experience is gained, earnings can increase significantly; those at the median (50th percentile) earn $58,740, while individuals at the higher end of the spectrum—75th and 90th percentiles—can expect to make $78,510 and $105,440 respectively. The difference in compensation between entry-level and experienced professionals is primarily driven by factors such as accumulated industry knowledge, advanced skill sets, and increased responsibilities. Additionally, market demand for seasoned managers with proven track records can further enhance earning potential within this occupation.