| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Ginghams Homestyle Restaurant | $87,021 |
-19.1%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Crogan | $108,950 |
+1.2%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Jenny's Steak House | $97,432 |
-9.5%
|
Jenny's Steak House focuses strategically on recruiting and training entry-level apprentices. |
| Le Poisson Rouge | $109,161 |
+1.4%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Hospitality & Leisure Industry | $122,562 |
+13.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$87,021 / year
Salary Range: $76,433 - $98,661
Saint Charles, MO
$108,950 / year
Salary Range: $95,676 - $123,561
Oakland, CA
$97,432 / year
Salary Range: $85,551 - $110,489
Chicago Ridge, IL
$109,161 / year
Salary Range: $95,869 - $123,744
New York City, NY
$111,978 / year
Salary Range: $98,343 - $126,939
Palo Alto, CA
$85,207 / year
Salary Range: $74,839 - $96,600
Central, SC
$88,371 / year
Salary Range: $77,615 - $100,185
London,
$87,337 / year
Salary Range: $76,708 - $99,014
Beaumont, TX
$97,485 / year
Salary Range: $85,615 - $110,513
Manchester, CT
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $3,500 - $5,000+ (Highly variable by borough) | A significant portion of 48 Lounge salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $127 (MTA 30-day MetroCard) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $450 - $700 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $500 - $1,000+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $450 - $800+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $5,177 - $7,877+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
48 Lounge pays its employees an average of $107,632 per year. The average salary at 48 Lounge range from $94,531 to $122,024 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.
The salary at 48 Lounge is higher than its peer company. The average annual salary at 48 Lounge is $107,632, or an hourly wage of $52, in comparison to Ginghams Homestyle Restaurant which pays $87,021 per year or $42 per hour.
The higher-paying job at 48 Lounge, according to our data, include Senior Software Engineer (avg. $121,767 per year), Bar Supervisor (avg. $43,509 per year), and Bartender (avg. $23,082 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
Salary progression with years of experience at 48 Lounge is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
Yes, it's very likely that salaries at 48 Lounge vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for New York section provides more context.
48 Lounge typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at 48 Lounge" section on this page.
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