Average Real Estate Association Manager Salary in Norway for 2024

In this article, we will look at the average Real Estate Association Manager salary for 2024 in Norway and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Norwegian krone. To keep things simple, we are using the NOK currency code instead of the currency symbol kr.

How Much Does a Real Estate Association Manager Make in Norway?

A Real Estate Association Manager working in Norway will typically earn around 701,500 NOK per year, and this can range from the lowest average salary of about 320,500 NOK to the highest average salary of 1,109,200 NOK.

Average Annual Salary
701,500 NOK
Average Monthly Salary
58,458 NOK

Lowest Annual Salary
320,500 NOK
Lowest Monthly Salary
26,708 NOK

Highest Annual Salary
1,109,200 NOK
Highest Monthly Salary
92,433 NOK

These are average salaries for a Real Estate Association Manager in Norway and include benefits such as housing and transport. It's also possible for a Real Estate Association Manager to earn more or less than the average salaries shown above.

Real Estate Association Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Real Estate Association Manager Salaries in Norway

So we've looked at the average salaries a Real Estate Association Manager will earn in Norway. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Real Estate Association Manager can earn between 320,500 NOK and 1,109,200 NOK on average in Norway. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Real Estate Association Manager in Norway is 755,700 NOK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 755,700 NOK, and 50% of the population earn more than 755,700 NOK.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Real Estate Association Manager salary in Norway, 25% of the population are earning less than 485,200 NOK while 75% of the population earn more than 485,200 NOK.

75% of the population earn less than 1,009,800 NOK, and 25% of the population earn more than 1,009,800 NOK.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Real Estate Association Manager Salary by Experience Level in Norway

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average real estate association manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Real Estate Association Manager in Norway that has less than two years of experience can expect to earn somewhere in the region of 366,200 NOK.
  • 2 - 5 Years Experience. With two to five years of experience the average Real Estate Association Manager salary would increase to 487,800 NOK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Real Estate Association Manager, the average salary would be 722,900 NOK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 880,900 NOK.
  • 15 - 20 Years Experience. A Real Estate Association Manager with 15 to 20 years of experience can earn an average of 960,900 NOK.
  • 20+ Years Experience. For a Real Estate Association Manager with more than 20 years, the expected average salary increases to 1,039,000 NOK.

Average Salary by Experience Chart

0-2 Years
366,200 NOK
2-5 Years +34%
487,800 NOK
5-10 Years +48%
722,900 NOK
10-15 Years +22%
880,900 NOK
15-20 Years +9%
960,900 NOK
20+ Years +8%
1,039,000 NOK

Real Estate Association Manager Salary by Education Level in Norway

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Real Estate Association Manager in Norway based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Real Estate Association Manager in Norway with a high school education can earn an average salary of 447,500 NOK.

  • Certificate or Diploma. A Real Estate Association Manager in Norway with a certificate or diploma education can earn an average salary of 528,500 NOK.

  • Bachelor's Degree. A Real Estate Association Manager in Norway with a bachelor's degree education can earn an average salary of 764,600 NOK.

  • Master's Degree. A Real Estate Association Manager in Norway with a master's degree education can earn an average salary of 1,000,300 NOK.

Average Salary by Education Chart

High School
447,500 NOK
Certificate or Diploma +18%
528,500 NOK
Bachelor's Degree +45%
764,600 NOK
Master's Degree +31%
1,000,300 NOK

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Norway is around 255,000 to 765,000 NOK and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Real Estate Association Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Norway, a male real estate association manager will earn an average of 716,400 NOK, while a female real estate association manager will earn around 685,900 NOK.

This means that a male real estate association manager earns approximately 4% more than a female real estate association manager for performing the same job.

Average Salary by Gender Chart in Norway

Male
716,400 NOK
Female -4%
685,900 NOK

Real Estate Association Manager Average Pay Raise in Norway

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Real Estate Association Manager in Norway is around 12% every 16 months.

The national average pay raise across all professions and industries in Norway is around 9% every 15 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 16 ) × 12  = 9%

What this means is that a Real Estate Association Manager in Norway can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Norway for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Norway.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
9%
Energy
9%
Information Technology
9%
Healthcare
9%
Travel
9%
Construction
9%
Education
9%

Real Estate Association Manager Bonus and Incentive Rates in Norway

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Real Estate Association Manager is a high bonus based job, with 86% of employees reporting at least one bonus in the last 12 months.

14% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
86%
No Bonus
14%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Norway earn approximately 5% more than private sector employees in the same role.

Public Sector
628,700 NOK
Private Sector -5%
596,600 NOK

Salaries for Jobs Similar to a Real Estate Association Manager

In the table below, we have salary information for jobs that are similar to a Real Estate Association Manager in Norway.

Job Title Category Salary
Acquisition Associate Real Estate 510,000 NOK
Assistant Leasing Manager Real Estate 659,200 NOK
Assistant Property Manager Real Estate 628,700 NOK
Brokerage Real Estate 501,800 NOK
Brokerage Clerk Real Estate 252,400 NOK
Commercial Leasing Manager Real Estate 998,000 NOK
Commercial Real Estate Manager Real Estate 1,118,800 NOK
Community Development Manager Real Estate 947,700 NOK
Compliance Specialist Real Estate 470,500 NOK
Development Coordinator Real Estate 500,100 NOK
Director of Real Estate Real Estate 1,168,300 NOK
Lease Administrator Real Estate 620,200 NOK
Leasing Agent Real Estate 514,800 NOK
Leasing Consultant Real Estate 598,600 NOK
Leasing Manager Real Estate 669,000 NOK
Lettings Assistant Real Estate 250,600 NOK
Portfolio Analyst Real Estate 840,800 NOK
Portfolio Manager Real Estate 1,219,200 NOK
Property Acquisition Agent Real Estate 470,500 NOK
Property and Claims Specialist Real Estate 616,700 NOK
Property Manager Real Estate 735,800 NOK
Property Operations Manager Real Estate 1,088,600 NOK
Property Tax Assistant Real Estate 485,400 NOK
Real Estate Administrator Real Estate 547,100 NOK
Real Estate Agent Real Estate 532,500 NOK
Real Estate Analyst Real Estate 674,900 NOK
Real Estate Appraiser Real Estate 515,700 NOK
Real Estate Appraiser Real Estate 535,000 NOK
Real Estate Appraiser Real Estate 551,400 NOK
Real Estate Assistant Real Estate 472,100 NOK
Real Estate Broker Real Estate 483,800 NOK
Real Estate General Manager Real Estate 1,080,400 NOK
Real Estate Project Director Real Estate 1,030,100 NOK
Real Estate Project Manager Real Estate 865,800 NOK
Real Estate Sales Agent Real Estate 512,600 NOK
Real Estate Valuer Real Estate 532,500 NOK
Research Analyst Real Estate 455,200 NOK
Residential Advisor Real Estate 592,700 NOK
Residential Property Manager Real Estate 719,100 NOK
Shopping Center Manager Real Estate 1,080,400 NOK
Town Planner Real Estate 1,048,100 NOK

Salary Comparison by City

If you want to compare salaries with different cities in Norway, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Oslo 722,900 NOK
Stavanger 710,000 NOK
Tromso 654,600 NOK
Trondheim 712,900 NOK

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