Average Cost of HOA Management and Personnel

Question:

HOA Budget:
What is the average % of management and staff expense to an HOA budget

– Jim

 

Answer:

Hi Jim,

There is no universal average percentage for management and personnel fees. It ultimately depends on your needs as an association. There are also several factors that can affect the cost of management and personnel, including inflation, wage rates, the size of your HOA, and the scope of services.

Here is an article you might find helpful: https://www.hoamanagement.com/hoa-management-fees/

 

Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.

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