Bloomington Electric Co Salary

As of September 2026, the average annual salary for employees at Bloomington Electric Co in the United States is $93,519. This translates to an approximate hourly wage of $45. Salaries at Bloomington Electric Co typically range from $82,389 to $105,526 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Bloomington Electric Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Bloomington Electric Co. Based on our data, the highest paying job is the President, with an annual salary of $723,916. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Bloomington Electric Co’s Pay Competitive? Salary Benchmarking Analysis

How does Bloomington Electric 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
Granite State Acoustics Inc $88,382
-5.5%
Granite State Acoustics Inc operates with a leaner overhead structure, impacting base wage offers.
Lnk Technologies $90,924
-2.8%
Confirms Lnk Technologies is a direct competitor vying for the exact same talent pool.
Wall Assemblies LLC $86,578
-7.4%
Normalized for lower cost-of-living zones where Wall Assemblies LLC primarily operates.
Robert Bump Construction LLC $94,542
+1.1%
Suggests Robert Bump Construction LLC utilizes a highly similar base-plus-benefits compensation model.
Construction Industry $119,814
+28.1%
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 Bloomington Electric Co

Considering a career at Bloomington Electric 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.
The company invests in cutting-edge technology, which makes our work efficient and precise. This demonstrates a true commitment to employee development and provides clear career pathways for those who are dedicated and eager to grow within the construction industry, which is highly motivating for us. The work is tough, but the people make it worth it. Safety standards are enforced but could improv...
This intergenerational learning is crucial for maintaining high standards and passing on valuable trade skills throughout the company and its projects. Management understands the demands and tries to be flexible when possible. Work is steady but sometimes repetitive. Scheduling was military-precise, with trades arriving exactly when needed. Leadership ensures tools are up to date, teams are well-s...
Work environment is formal and structured. They genuinely invest in their workforce. If you’re dependable and motivated, there’s plenty of room to advance. Projects are diverse and challenging, keeping the work engaging and rewarding.

Bloomington Electric Co Overview

Website
www.bloomingtonelectric.com
Founded In
1966
Employees
<25 employees
Industry
Construction
Headquarter Address
815 American Blvd E Minneapolis Minnesota MN 55420
Revenue
<$5 Million
Phone Number
+1 9528887905
Social Media
About Bloomington Electric Co
Storefronts, shops, malls, office buildings, and any other commercial or professional space. Let us execute the electrical portion of the project according to the plans designed by your consulting architect or engineer. We have a professional engineer (PE) on staff to design and execute the entire project based on your needs. "Some subcontractors require a lot of management, but when I hire Bloomi

What Benefits Does Bloomington Electric Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Bloomington Electric 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Bloomington Electric Co.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Bloomington Electric Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Bloomington Electric Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Bloomington Electric Co

1. What is the average salary for employees at Bloomington Electric Co?

The average annual total compensation for employees at Bloomington Electric Co is approximately $93,519. However, this is an aggregate figure, actual salaries can range significantly, typically from $82,389 to $105,526, depending on factors like job role, experience, and location.

2. How much does Bloomington Electric Co pay compared to Granite State Acoustics Inc?

The average annual salary at Bloomington Electric Co is $93,519, or an hourly wage of $45, in comparison to Granite State Acoustics Inc which pays $88,382 per year or $42 per hour.

3. How does having a professional certification impact salary for relevant roles at Bloomington Electric Co?

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 Bloomington Electric Co for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Bloomington Electric Co offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Bloomington Electric Co, 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.

5. What's the typical process for salary reviews and raises at Bloomington Electric Co?

Most companies, likely including Bloomington Electric Co, 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.