Updated · 2026 tax rules · Data: IRS, BLS, BEA, HUD · How we calculate

Property, Real Estate, and Community Association Managers Salary in Chicago, IL

Property, Real Estate, and Community Association Managers in the Chicago-Naperville-Elgin, IL-IN metro area earn a median $77,980 a year — 11% more than the national median. After 2026 taxes, that is $59,974 take-home, or $4,998 a month.

Median salary
$77,980
$37.49 per hour
Typical range
$47,600 – $147,350
10th to 90th percentile
Jobs in Chicago, IL
9,300
1.03× national concentration
▲1.4%
Pay trend: The median for property, real estate, and community association managers in Chicago, IL rose from $76,890 (May 2024) to $77,980 (May 2025). That trailed inflation (2.4%), so buying power slipped about 1.0%.

Take-home pay calculator

Pre-filled with the median property, real estate, and community association managers salary in Chicago, IL. Enter your own offer to see your paycheck.

Property, Real Estate, and Community Association Managers in Chicago, IL
Deductions, kids & local tax

2026 tax year. Federal brackets from IRS Rev. Proc. 2025-32.

Your take-home pay
$59,974
per year · effective tax rate 23.1%
$4,998Monthly
$2,499Twice a month
$2,307Every 2 weeks
$28.83Hourly
  • Federal income tax$8,326
  • Social Security (6.2%)$4,835
  • Medicare (1.45%)$1,131
  • Illinois income tax$3,715
  • Take-home pay$59,974

Marginal rate: 22% federal + 4.95% state

The Chicago-Naperville-Elgin, IL-IN metro spans Illinois, Indiana. Pick the state you live in — state income tax follows your residence.

Got an offer somewhere else? Compare it with this one after taxes and rent →

Property, Real Estate, and Community Association Managers pay by experience in Chicago, IL

PercentileSalaryHourlyTake-home / yrPer month
10th percentile (entry level)$47,600$22.88$38,215$3,185
25th percentile$58,770$28.25$46,637$3,886
Median (50th)$77,980$37.49$59,974$4,998
75th percentile$105,770$50.85$78,148$6,512
90th percentile (top earners)$147,350$70.84$104,831$8,736

Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Illinois resident, 2026 tax rules.

What $77,980 buys in Chicago, IL

Prices in Chicago, IL are 3.6% higher than the U.S. average (housing costs are 1.12× the national average). Adjusted for local prices, a median property, real estate, and community association managers's $59,974 take-home pay has the buying power of $57,892 in a typical American city.

1-bedroom rent
$1,534
31% of monthly take-home
2-bedroom rent
$1,743
35% of monthly take-home
Left after 1-BR rent
$3,464
per month for everything else

Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.

Property, Real Estate, and Community Association Managers jobs are about as common in Chicago, IL as in the U.S. overall (location quotient 1.03).

Best-paying cities for property, real estate, and community association managers, adjusted for cost of living

Chicago, IL ranks #11 of 25 metro areas once taxes and local prices are taken into account.

#Metro areaMedian salaryTake-homeReal value*
1Boston, MA $106,050$78,354$72,371
2New York, NY $96,950$72,355$64,279
3Washington, DC $92,750$69,164$63,521
4Houston, TX $72,950$60,150$60,986
5Baltimore, MD $81,670$62,769$60,074
6Atlanta, GA $76,700$59,431$59,396
7Charlotte, NC $72,900$57,715$59,287
8San Jose, CA $86,840$64,946$58,816
11Chicago, IL$77,980$59,974$57,892

*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 25 metros →

About the job: property, real estate, and community association managers

Plan, direct, or coordinate the selling, buying, leasing, or governance activities of commercial, industrial, or residential real estate properties.

Typical education
High school diploma or equivalent
Work experience
Less than 5 years
On-the-job training
Short-term on-the-job training
Job outlook, 2025–35
+3.7% (about average)

Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.

Frequently asked questions

How much does a property, real estate, and community association managers make in Chicago, IL?

The median property, real estate, and community association managers salary in the Chicago-Naperville-Elgin, IL-IN metro area is $77,980 a year, or about $37.49 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $58,770 and $105,770.

What is a property, real estate, and community association managers’s take-home pay in Chicago, IL?

On the median $77,980 salary, a single filer living in Illinois takes home about $59,974 a year ($4,998 a month) after federal tax, Social Security, Medicare and $3,715 in Illinois taxes in 2026.

Is Chicago, IL a good place to work as a property, real estate, and community association managers?

Pay here is 11% above the national median of $69,990. Local prices are 3.6% above the U.S. average, so the take-home pay buys what $57,892 would in a typical U.S. city. Chicago, IL ranks #11 of 25 metro areas for cost-of-living-adjusted pay in this job.

Can a property, real estate, and community association managers afford rent in Chicago, IL?

HUD’s fair market rent for a one-bedroom in Chicago, IL is $1,534 a month ($1,743 for two bedrooms) — 31% of a median property, real estate, and community association managers’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.

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