550 Construction Salary

550 Construction Salary

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As of April 2026, the average annual salary for employees at 550 Construction in the United States is $81,800. This translates to an approximate hourly wage of $39. Salaries at 550 Construction typically range from $72,062 to $92,308 annually, reflecting the diverse roles and experience levels within the company.

How Much Does 550 Construction Pay for Different Roles?

Explore detailed salary information for specific jobs at 550 Construction. Based on our data, the highest paying job is the Vice President, Construction, with an annual salary of $194,781. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at 550 Construction

Ready for your next career move? Explore current job openings at 550 Construction. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 550 Construction’s Pay Competitive? Salary Benchmarking Analysis

How does 550 Construction'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
Sterling Electrical Contractors $93,487
+14.3%
Driven by niche technical certifications required for Sterling Electrical Contractors's specialized projects.
CISH Homes $95,438
+16.7%
Influenced by prevailing union wage agreements specific to CISH Homes's sector.
Magnolia Renovations $86,304
+5.5%
Adjusted for higher cost-of-living indices in Magnolia Renovations's primary metro hubs.
Visions 2 Reality Construction $79,880
-2.3%
Indicates identical technical requirements and experience levels between the two firms.
Construction Industry $119,814
+46.5%
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.

How 550 Construction's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at 550 Construction. Click a company name to learn more.

Employee Reviews: Working at 550 Construction

Considering a career at 550 Construction? 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.
Managers meet expectations but aren't very visible. Clear communication and support from project managers. From day one, I felt welcomed into a supportive team environment focused on professional development and innovation. This construction company empowers its employees. Positive attitude throughout the teams.
Commented in March 26, 2025
31
1
Scheduling was military-precise, with trades arriving exactly when needed. Transparent policies and procedures. Benefits are competitive, and there are ample opportunities for career advancement. This construction company supports continuing education. They encourage growth, promote safety, and provide steady work. It’s rewarding to be part of such a highly principled team. Safety is emphasized, a...
Commented in July 26, 2024
14
0
I greatly appreciate commitment to innovation and adopting new technologies. The work environment is dynamic, with projects that challenge and inspire. Beyond safety, the scale of projects we undertake is awe-inspiring, offering diverse challenges and opportunities for growth. Teams are efficient, the schedule is fair, and the company genuinely cares about employee safety and satisfaction.
Commented in February 27, 2024
36
3

550 Construction Overview

Website
www.550construction.com
Founded In
2009
Employees
<25 employees
Industry
Construction
Headquarter Address
201 Dr Office Park Birmingham Alabama AL 35223
Revenue
<$5 Million
Phone Number
+1 2059057450
Social Media
About 550 Construction
We are a group of multi-family, commercial, hospitality, and historic building renovators. 550 Construction, and its diversified team, provide cost-effective solutions while maintaining oversight of the day-to-day challenges property owners must overcome throughout the renovation process. Our clients rely on the unique skills of the 550 Construction Team to complete projects on time, within budget

What Benefits Does 550 Construction Offer Beyond Salary?

A competitive compensation package is more than just a salary. 550 Construction 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 Birmingham?

Understanding the cost of living near Birmingham is key to truly evaluating a salary offer or your current compensation at 550 Construction.
Birmingham's Cost of Living Index is approximately 79.5 (20.5% less expensive than US average; 3.4% less than AL average). Primary driver is significantly lower housing costs. When planning your budget based on a salary from 550 Construction, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of 550 Construction salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 - $60 (MAX Transit Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $300 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,040 - $3,460+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 550 Construction

1. What is the average salary for employees at 550 Construction?

The average annual total compensation for employees at 550 Construction is approximately $81,800. However, this is an aggregate figure, actual salaries can range significantly, typically from $72,062 to $92,308, depending on factors like job role, experience, and location.

2. How much does 550 Construction pay compared to Sterling Electrical Contractors?

The average annual salary at 550 Construction is $81,800, or an hourly wage of $39, in comparison to Sterling Electrical Contractors which pays $93,487 per year or $45 per hour.

3. What is the lowest salary at 550 Construction?

The lowest-paying job at 550 Construction is a Chief Estimator with a salary of $55,845 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at 550 Construction?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at 550 Construction for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does 550 Construction offer cost-of-living adjustments (COLA) for employees in high-cost areas like Birmingham?

While some companies offer formal COLA, many, including potentially 550 Construction, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at 550 Construction?

Most companies, likely including 550 Construction, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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