Banks Development Co Salary

As of September 2026, the average annual salary for employees at Banks Development Co in the United States is $97,812. This translates to an approximate hourly wage of $47. Salaries at Banks Development Co typically range from $85,798 to $110,843 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Banks Development Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Banks Development Co. Based on our data, the highest paying job is the Account Assistant, with an annual salary of $36,739. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Banks Development Co’s Pay Competitive? Salary Benchmarking Analysis

How does Banks Development Co'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
NBC Trust Co $82,612
-15.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Elite Recreational Finance LLC $84,637
-13.5%
Typical compensation structure for smaller regional agencies like Elite Recreational Finance LLC.
Westfield Financial Planning $98,054
+0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Educate Mortgage $96,229
-1.6%
Confirms Educate Mortgage is a direct competitor vying for the exact same talent pool.
Financial Services Industry $121,514
+24.2%
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 Banks Development Co

Considering a career at Banks Development Co? 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.
Technology supports rather than hinders interactions. Client satisfaction and employee support prioritized. Enjoyable culture and great benefits. Leadership messages feel authentic rather than scripted. Technology investments are cutting-edge but user-friendly.
Professional membership fees are covered. Resources are ample, allowing us to focus on quality work rather than budget constraints. Flexible scheduling helps maintain work-life balance. Cutting-edge financial tools and technology keep employees engaged and efficient. This is a good position for those who prefer structure, routine, and reliable expectations in a large organization. The company has ...
Trial periods allow testing new roles. Leadership is present but distant. Leaders are approachable and genuinely interested in employee feedback.

Banks Development Co Overview

Website
www.banksdevco.com
Founded In
2002
Employees
<25 employees
Industry
Financial Services
Headquarter Address
4300 Fordham Rd NW Washington District of Columbia DC 20016
Revenue
<$5 Million
Phone Number
+1 2025165821
Social Media
About Banks Development Co
Banks Development is a national award winning custom home builder with an excellent history of homes throughout the Washington DC Metropolitan area. We consider ourselves an architect's builder, built on a solid foundation of admiration and respect for great architecture and design. Banks Development understands that building a home is one of the most significant financial and emotional investment

What Benefits Does Banks Development Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Banks Development Co 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 Washington?

Understanding the cost of living near Washington is key to truly evaluating a salary offer or your current compensation at Banks Development Co.
Washington D.C.'s Cost of Living Index is approximately 148.7 (48.7% more expensive than US average). Nation's capital, very high housing costs, extensive public transit (WMATA), high overall expenses. When planning your budget based on a salary from Banks Development Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,300+ A significant portion of Banks Development Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70-200+ (WMATA SmarTrip varies by use) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,770 - $5,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Banks Development Co

1. What is the typical salary range (low to high) for most roles at Banks Development Co?

The typical annual salary range for most roles at Banks Development Co is approximately from $85,798 to $110,843. 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 Banks Development Co pay compared to NBC Trust Co?

The average annual salary at Banks Development Co is $97,812, or an hourly wage of $47, in comparison to NBC Trust Co which pays $82,612 per year or $40 per hour.

3. How does experience level affect salary at Banks Development Co?

Experience level is a significant factor in determining salary at Banks Development Co, 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.

4. How can I determine if a salary offer from Banks Development Co in Washington is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Banks Development Co?

Several key factors influence salary levels at Banks Development Co. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Banks Development Co likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.