51 Oakwood Salary

As of August 2026, the average annual salary for employees at 51 Oakwood in the United States is $86,641. This translates to an approximate hourly wage of $42. Salaries at 51 Oakwood typically range from $76,231 to $97,966 annually, reflecting the diverse roles and experience levels within the company.
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Is 51 Oakwood’s Pay Competitive? Salary Benchmarking Analysis

How does 51 Oakwood's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Colburn Colburn $91,894
+6.1%
Data suggests Colburn Colburn's workforce skews heavily towards veteran, high-tenure roles.
The Libman Actuarial Group Inc $88,434
+2.1%
Suggests The Libman Actuarial Group Inc utilizes a highly similar base-plus-benefits compensation model.
Steinemann Hafner Insurance $87,517
+1.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Harding & Jacob Insurance Agency $88,065
+1.6%
Indicates identical technical requirements and experience levels between the two firms.
Insurance Industry $123,858
+43.0%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at 51 Oakwood

Considering a career at 51 Oakwood? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Leadership is transparent, and the company values innovation. The company provides a dynamic and inclusive workplace. Training opportunities are plentiful, helping us stay ahead in the industry. The benefits are excellent, including performance bonuses and tuition reimbursement for further education.
The insurance products are top-tier, and working with knowledgeable colleagues enhances the experience. The company operates efficiently with clear role expectations. The work-life balance is manageable, and the benefits are competitive. The insurance sector is competitive, but the team is supportive. The company follows traditional insurance practices, which ensures stability. It’s a dependable p...
The insurance industry can be demanding, but the team is resilient and supportive. The office culture is inclusive, with team-building activities that make the workplace enjoyable. This company fosters a supportive culture where employees feel valued. The compensation package is strong, with bonuses tied to both individual and company performance. Proud to be part of this team.

51 Oakwood Overview

Website
www.51oakwood.com
Founded In
2012
Employees
<25 employees
Industry
Insurance
Headquarter Address
4347 Portage St NW Canton Ohio OH 44720
Revenue
<$5 Million
Phone Number
+1 3302448505
Social Media
About 51 Oakwood
51 Oakwood provides total medical billing services through HIPAA compliant electronic billing. Our team of certified specialists handles your medical and radiation oncology billing and collections, provides complete analysis of your account receivables, performs audits and manages your credentialing needs. We give you more time to focus on patient care. Insuring optimal reimbursement requires deta

What Benefits Does 51 Oakwood Offer Beyond Salary?

A competitive compensation package is more than just a salary. 51 Oakwood offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Canton?

Understanding the cost of living near Canton is key to truly evaluating a salary offer or your current compensation at 51 Oakwood.
Canton's Cost of Living Index is approximately 76.3 (23.7% less expensive than US average; 15.9% less than OH average). NE OH city (Pro Football HOF), very affordable. SARTA. When planning your budget based on a salary from 51 Oakwood, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $1,000+ A significant portion of 51 Oakwood salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (SARTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $280 - $550+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,815 - $2,955+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 51 Oakwood

1. What is the typical salary range (low to high) for most roles at 51 Oakwood?

The typical annual salary range for most roles at 51 Oakwood is approximately from $76,231 to $97,966. 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.

2. How much does 51 Oakwood pay compared to Colburn Colburn?

The average annual salary at 51 Oakwood is $86,641, or an hourly wage of $42, in comparison to Colburn Colburn which pays $91,894 per year or $44 per hour.

3. Do salaries differ significantly between departments at 51 Oakwood?

Yes, salaries often differ between departments at 51 Oakwood due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at 51 Oakwood?

Experience level is a significant factor in determining salary at 51 Oakwood, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from 51 Oakwood in Canton is fair given the local cost of living?

To determine if a salary offer from 51 Oakwood in Canton is fair, first compare the gross salary to our data for similar roles at 51 Oakwood and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Canton" to understand its purchasing power.

6. What factors influence salary increases at 51 Oakwood?

Salary increases at 51 Oakwood are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.