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Banas Building Center Inc Salary

Banas Building Center Inc Salary

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As of October 2026, the average annual salary for employees at Banas Building Center Inc in the United States is $87,696. This translates to an approximate hourly wage of $42. Salaries at Banas Building Center Inc typically range from $77,129 to $99,173 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Banas Building Center Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Banas Building Center Inc. Based on our data, the highest paying job is the President, with an annual salary of $678,845. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Banas Building Center Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Banas Building Center Inc'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
Gee Farms $89,721
+2.3%
Suggests Gee Farms utilizes a highly similar base-plus-benefits compensation model.
Columbia Marine Exchange $94,763
+8.1%
Driven by niche technical certifications required for Columbia Marine Exchange's specialized projects.
Carnamic $105,828
+20.7%
Adjusted for higher cost-of-living indices in Carnamic's primary metro hubs.
Gems Pavilion $100,870
+15.0%
Reflects a supply-demand imbalance for the specific talent Gems Pavilion targets.
Retail & Wholesale Industry $123,318
+40.6%
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 Banas Building Center Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Banas Building Center Inc

Considering a career at Banas Building Center Inc? 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.
Coworkers are supportive, and there’s a strong sense of teamwork. The retail discounts and bonus programs add extra value. It’s a dependable employer for those in wholesale and retail. The company also encourages internal promotions, which is motivating. The retail team works well under pressure, and managers are supportive.
Commented in May 15, 2025
20
0
The Retail & Wholesale industry is dynamic, and this company operates efficiently within it. I’ve been with this company for several years, and it’s been a rewarding journey. The compensation is competitive, and there are frequent performance incentives. It’s a motivating place to work. Suitable for those who prefer routine in retail operations. It’s a good fit if you prefer predictability in your...
Commented in December 23, 2024
32
1
The job provides a good work-life balance. I’ve had opportunities to take on new projects, which have helped me develop my skills. Coworkers make the job enjoyable. Colleagues are friendly and collaborative.
Commented in December 14, 2024
12
3

Banas Building Center Inc Overview

Website
www.banaslumber.com
Founded In
1948
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
8771 Ida Maybee Rd Monroe Michigan MI 48162
Revenue
<$5 Million
Phone Number
+1 7345878615
Social Media
About Banas Building Center Inc
Banas Lumber & Hardware was founded in 1948 as Banas & Wrobel, by brothers-in-law Walter Banas and Stanley Wrobel. It started out of their garage but quickly grew to be one of the largest home improvement stores in the Monroe County area. Not only were they the first member of the Hardware Wholesalers Incorporated (HWI) co-operative in Monroe County, they became the first HWI member to sell $1 mil

What Benefits Does Banas Building Center Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Banas Building Center Inc 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)
Work at Banas Building Center Inc?
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What Is the Cost of Living Near Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Banas Building Center Inc.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Banas Building Center Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Banas Building Center Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Banas Building Center Inc

1. How much does a Banas Building Center Inc employee make?

Banas Building Center Inc pays its employees an average of $87,696 per year. The average salary at Banas Building Center Inc range from $77,129 to $99,173 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.

2. Which similar company tend to pay more or less than Banas Building Center Inc?

The salary at Banas Building Center Inc is lesser than the similar company. The average annual salary at Banas Building Center Inc is $87,696, or an hourly wage of $42, in comparison to Gee Farms which pays $89,721 per year or $43 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Banas Building Center Inc?

In many roles at Banas Building Center Inc, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Detroit affect the perceived value of a Banas Building Center Inc salary?

Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Banas Building Center Inc based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Banas Building Center Inc typically offer employees?

Banas Building Center Inc generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Banas Building Center Inc" section on this page.

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