Condominium Association Director Salary in North Carolina
Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
Annual and Hourly Condominium Association Director undefined, North Carolina Salary Table:
Percentile | Annual Salary | Hourly Wage |
---|---|---|
10th | $37,380 | $17.97 |
25th | $46,780 | $22.49 |
Median | $61,260 | $29.45 |
75th | $92,520 | $44.48 |
90th | $160,730 | $77.27 |
Best Schools to become a Condominium Association Director in North Carolina 2024
North Carolina State University at Raleigh
University of North Carolina Wilmington
Wake Technical Community College
University of North Carolina at Pembroke
East Carolina University
University of North Carolina at Greensboro
Browse Condominium Association Director Salaries by the Top Cities in North Carolina
Condominium Association Director Salary in North Carolina FAQs
What qualifications do I need to become a Condominium Association Director in North Carolina?
To become a Condominium Association Director, you typically need a bachelor's degree in business administration, management, or a related field. While specific certifications are not mandated, many directors benefit from obtaining a Community Association Manager (CAM) license issued by the North Carolina Real Estate Commission. Experience in property management or executive roles can also be advantageous.How does the salary of a Condominium Association Director differ across North Carolina?
The salary for a Condominium Association Director can vary significantly based on several factors, including the size and location of the condominium, the complexity of its operations, and the director's level of experience. Generally, larger, urban areas may offer higher salaries due to elevated living costs and increased competition.What factors influence the salary of a Condominium Association Director?
Several factors can impact salary levels, including:- The size of the condominium association.
- The scope of responsibilities assigned to the director.
- The financial condition of the association.
- The level of experience and professional certifications held by the director.
Are there any additional benefits that come with being a Condominium Association Director?
In addition to salary, Condominium Association Directors may receive various benefits, which can include:- Health and dental insurance.
- Retirement savings plans or contributions.
- Performance bonuses based on the financial performance of the association.
- Professional development opportunities and training reimbursement.
How often do Condominium Association Directors receive salary increases?
Salary increases for Condominium Association Directors are usually determined by the association's board of directors during annual budget meetings. Increases may be tied to performance metrics, the financial health of the association, and annual inflation rates.What is the job outlook for Condominium Association Directors in North Carolina?
The job outlook for Condominium Association Directors remains positive, largely due to the ongoing growth of condominium living in urban areas. As more individuals and families opt for community living, the demand for skilled management personnel in this sector is expected to rise.How can I enhance my earning potential as a Condominium Association Director?
To enhance your earning potential, consider pursuing relevant certifications, gaining experience in property management, networking within the community association industry, and staying informed about best practices and trends in condominium management. Additionally, demonstrating strong leadership, financial, and communication skills can lead to increased responsibilities and compensation.What job responsibilities can I expect as a Condominium Association Director?
Responsibilities can vary, but generally, you can expect to:- Oversee the daily operations of the condominium.
- Manage budgets and financial records.
- Facilitate communication between residents and the association.
- Ensure compliance with local regulations and association bylaws.
- Plan and execute maintenance and improvement projects.
Is part-time work common for Condominium Association Directors?
While many Condominium Association Directors work full-time, there are also opportunities for part-time positions, especially in smaller associations. The extent of the responsibilities and the specific needs of the association will typically dictate the required hours.Can I work my way up to a Condominium Association Director position?
Yes, many professionals start in lower-level property management roles and work their way up to become Condominium Association Directors. Gaining experience in property management, volunteering for committee roles within associations, and pursuing relevant education can facilitate this advancement.