Banks Elementary School Salary

As of July 2026, the average annual salary for employees at Banks Elementary School in the United States is $103,254. This translates to an approximate hourly wage of $50. Salaries at Banks Elementary School typically range from $90,252 to $118,196 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Banks Elementary School

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Is Banks Elementary School’s Pay Competitive? Salary Benchmarking Analysis

How does Banks Elementary School'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
Georgia Avenue Elementary School $83,677
-19.0%
Georgia Avenue Elementary School likely leverages performance bonuses over the high base salary shown here.
Tri-county Technical School $82,042
-20.5%
Tri-county Technical School operates with a leaner overhead structure, impacting base wage offers.
High School Equivalency $92,474
-10.4%
Normalized for lower cost-of-living zones where High School Equivalency primarily operates.
High School Equivalency $85,724
-17.0%
High School Equivalency may offer non-monetary perks in lieu of competitive base salaries.
Edu., Gov't. & Nonprofit Industry $115,341
+11.7%
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 Elementary School

Considering a career at Banks Elementary School? 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.
Clear goals help make even the busiest weeks feel manageable and focused. The organization is well-run and mission-oriented, with a strong focus on serving the public and improving access to education. Employee development is a key focus, with extensive training programs and mentorship opportunities available. Even in such a large and complex structure, senior management communicates goals clearly...
The work-life balance offered by is a significant positive. Opportunities for career growth within departments and across agencies. The company’s dedication to community impact and sustainability makes working here even more fulfilling. Projects tend to follow a standard path with minimal innovation. Whether it's a formal award or a simple thank you from a supervisor, these gestures boost morale a...
This place values education, development, and inclusion. If you’re looking for a respectful, balanced, and purpose-driven work environment, this is a very solid choice. Not ideal for employees driven by creativity or entrepreneurial thinking.

Banks Elementary School Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
948 Main St Waltham Massachusetts MA 02451
Revenue
$5 Million - $10 Million
Phone Number
+1 7813145620
Social Media
About Banks Elementary School
Banks Elementary School is a company that operates in the Education industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Waltham, Massachusetts.

What Benefits Does Banks Elementary School Offer Beyond Salary?

A competitive compensation package is more than just a salary. Banks Elementary School 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Waltham?

Understanding the cost of living near Waltham is key to truly evaluating a salary offer or your current compensation at Banks Elementary School.
Waltham's Cost of Living Index is approximately 145.1 (45.1% more expensive than US average; 9.4% more than MA average). Boston suburb, tech/biotech presence, high housing costs. MBTA bus/Commuter Rail. When planning your budget based on a salary from Banks Elementary School, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,100 - $3,000+ A significant portion of Banks Elementary School salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA pass varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,690 - $5,560+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Banks Elementary School

1. What is the estimated average total compensation at Banks Elementary School?

Salary.com estimates that the average total compensation package at Banks Elementary School, which can include base salary, potential bonuses, and benefits, is around $103,254 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Banks Elementary School pay compared to Georgia Avenue Elementary School?

The average annual salary at Banks Elementary School is $103,254, or an hourly wage of $50, in comparison to Georgia Avenue Elementary School which pays $83,677 per year or $40 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Banks Elementary School?

Salary progression from an entry-level to a senior role at Banks Elementary School can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Banks Elementary School in Waltham is fair given the local cost of living?

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

5. Are promotions at Banks Elementary School usually accompanied by a significant salary increase?

Yes, promotions at Banks Elementary School are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.