Salary distribution
Where Richmond property, real estate, and community association managers fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $61,380 and $116,720, with a median of $79,800.
Typical entry
Education
High school diploma
Experience
Less than 5 years
On-the-job training
None
Top skills (O*NET)
- 4.6 / 5
Customer and Personal Service
Knowledge
- 4.4 / 5
Administration and Management
Knowledge
- 4.0 / 5
Economics and Accounting
Knowledge
- 4.0 / 5
English Language
Knowledge
- 4.0 / 5
Oral Comprehension
Ability
- 4.0 / 5
Speaking
Basic skill
- 4.0 / 5
Written Comprehension
Ability
- 4.0 / 5
Oral Expression
Ability
Common tasks (O*NET)
- 01
Prepare detailed budgets and financial reports for properties.
- 02
Manage and oversee operations, maintenance, administration, and improvement of commercial, industrial, or residential properties.
- 03
Plan, schedule, and coordinate general maintenance, major repairs, and remodeling or construction projects for commercial or residential properties.
- 04
Review rents to ensure that they are in line with rental markets.
- 05
Direct collection of monthly assessments, rental fees, and deposits and payment of insurance premiums, mortgage, taxes, and incurred operating expenses.
- 06
Direct and coordinate the activities of staff and contract personnel and evaluate their performance.
- 07
Meet with clients to negotiate management and service contracts, determine priorities, and discuss the financial and operational status of properties.
- 08
Prepare and administer contracts for provision of property services, such as cleaning, maintenance, and security services.
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Explore coursesOther metros in Virginia
How the Richmond metro compares to other major Virginia metro areas for property, real estate, and community association managers.
- Virginia Beach$74,200
Frequently asked questions
- What is the median salary for Property, Real Estate, and Community Association Managers in Richmond, Virginia?
- According to BLS Occupational Employment and Wage Statistics, the median annual wage for Property, Real Estate, and Community Association Managers in the Richmond metropolitan area is $79,800.
- Does Richmond pay more than the Virginia state average for Property, Real Estate, and Community Association Managers?
- The Richmond metro median is -5.4% versus the Virginia state median of $84,360.
- How does Richmond compare to the national median for Property, Real Estate, and Community Association Managers?
- The Richmond metro median is +20.5% versus the BLS national figure of $66,251.
- What is the salary range for Property, Real Estate, and Community Association Managers in Richmond?
- BLS reports the 10th-percentile annual wage at $50,230 and the 90th-percentile at $195,270 for the Richmond metro area.
- What education is required for Property, Real Estate, and Community Association Managers?
- BLS lists the typical entry-level education as High school diploma. Many employers also weigh prior experience and credentials.
Information on this page is for general educational purposes only. It is not career, financial, or tax advice. BLS metro estimates reflect the Richmond CBSA boundary for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.