| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Cadence Bank of Montgomery | $85,048 |
-0.9%
|
Confirms Cadence Bank of Montgomery is a direct competitor vying for the exact same talent pool. |
| Bank of Scottsboro | $90,523 |
+5.4%
|
Reflects structural premiums typical of Bank of Scottsboro's large-cap national operations. |
| Sb & T Bank | $87,749 |
+2.2%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Orchard Bank | $89,700 |
+4.5%
|
Driven by niche technical certifications required for Orchard Bank's specialized projects. |
| Financial Services Industry | $121,514 |
+41.5%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$85,048 / year
Salary Range: $74,554 - $96,466
Montgomery, AL
$90,523 / year
Salary Range: $79,356 - $102,673
Scottsboro, AL
$87,749 / year
Salary Range: $76,928 - $99,527
Mobile, AL
$89,700 / year
Salary Range: $78,632 - $101,746
Birmingham, AL
$91,799 / year
Salary Range: $80,465 - $104,124
Huntsville, AL
$83,909 / year
Salary Range: $73,556 - $95,173
Dadeville, AL
$90,565 / year
Salary Range: $79,393 - $102,721
Homewood, AL
$90,322 / year
Salary Range: $79,182 - $102,453
Birmingham, AL
$86,441 / year
Salary Range: $75,773 - $98,051
Montgomery, AL
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) | $900 - $1,400+ | A significant portion of Bank Roanoke 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. |
The average annual total compensation for employees at Bank Roanoke is approximately $85,850. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,260 to $97,368, depending on factors like job role, experience, and location.
The average annual salary at Bank Roanoke is $85,850, or an hourly wage of $41, in comparison to Cadence Bank of Montgomery which pays $85,048 per year or $41 per hour.
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 Bank Roanoke for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Bank Roanoke, 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.
Most companies, likely including Bank Roanoke, 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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