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The differences between community association managers and property managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a community association manager and a property manager. Additionally, a community association manager has an average salary of $57,602, which is higher than the $49,958 average annual salary of a property manager.
The top three skills for a community association manager include customer service, property management and cam. The most important skills for a property manager are customer service, property management, and financial reports.
| Community Association Manager | Property Manager | |
| Yearly salary | $57,602 | $49,958 |
| Hourly rate | $27.69 | $24.02 |
| Growth rate | 3% | 3% |
| Number of jobs | 20,738 | 15,402 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 50% |
| Average age | 48 | 48 |
| Years of experience | 6 | 6 |
Community association managers are responsible for managing the common property and services of condominiums, organized communities, and cooperatives. Their tasks include preparing financial statements and budgets, collecting monthly assessments, negotiating with contractors, and assist in solving complaints. Also, they communicate daily with homeowners and other residents and supervise the maintenance of properties and facilities. Additionally, they help the board and homeowners in observing with the association and the government laws and regulations, administer the association's budget and financial records, and solve legal issues or disputes.
Property managers are responsible for overseeing the real estate properties of their clients. They manage property rentals and leasing and ensure that the terms on these rentals are by what the owner is amenable to. Property managers act as the representative of their client during negotiations and deals. They also set rental prices and other finance-related items since they are familiar with how the market looks. Besides dealing with financial matters, they also manage administrative matters such as enforcing rules and policies, crafting reports, managing contractors, and drafting related documents.
Community association managers and property managers have different pay scales, as shown below.
| Community Association Manager | Property Manager | |
| Average salary | $57,602 | $49,958 |
| Salary range | Between $35,000 And $92,000 | Between $34,000 And $72,000 |
| Highest paying City | Hartford, CT | New York, NY |
| Highest paying state | Connecticut | New Jersey |
| Best paying company | U.S. Bank | Nokia |
| Best paying industry | Start-up | Professional |
There are a few differences between a community association manager and a property manager in terms of educational background:
| Community Association Manager | Property Manager | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 50% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between community association managers' and property managers' demographics:
| Community Association Manager | Property Manager | |
| Average age | 48 | 48 |
| Gender ratio | Male, 38.7% Female, 61.3% | Male, 38.1% Female, 61.9% |
| Race ratio | Black or African American, 8.4% Unknown, 4.1% Hispanic or Latino, 17.2% Asian, 5.2% White, 64.5% American Indian and Alaska Native, 0.6% | Black or African American, 8.5% Unknown, 4.1% Hispanic or Latino, 17.6% Asian, 5.3% White, 63.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |