Drake Construction Salary

As of April 2026, the average annual salary for employees at Drake Construction in the United States is $85,196. This translates to an approximate hourly wage of $41. Salaries at Drake Construction typically range from $75,058 to $96,137 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Drake Construction Pay for Different Roles?

Explore detailed salary information for specific jobs at Drake Construction. Based on our data, the highest paying job is the President, with an annual salary of $659,493. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Drake Construction

Ready for your next career move? Explore current job openings at Drake Construction. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Drake Construction’s Pay Competitive? Salary Benchmarking Analysis

How does Drake Construction'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
Mechanical Insulation & Supply Inc $81,135
-4.8%
Typical compensation structure for smaller regional agencies like Mechanical Insulation & Supply Inc.
Miles Drywall Inc $81,958
-3.8%
Normalized for lower cost-of-living zones where Miles Drywall Inc primarily operates.
Raze International Inc $83,930
-1.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Stockell Custom Homes & Construction $85,639
+0.5%
Indicates identical technical requirements and experience levels between the two firms.
Construction Industry $119,814
+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.

Employee Reviews: Working at Drake Construction

Considering a career at Drake Construction? 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.
Communication tends to be formal and task-oriented, with limited opportunities for informal knowledge sharing. There’s an emphasis on safety, and it is all crews follow through equally. Leadership’s focus on safety and quality is evident daily. The company's long-standing reputation for reliability and consistently delivering high-quality construction work provides a strong sense of job security a...
It fosters a sense of responsibility and pride in my role. The work environment is formal, favoring predictability over creativity or rapid change. As part of strong team, we're building the infrastructure that society relies on, from major highways to iconic buildings. Raises are rare unless you switch roles. You feel like you’re building something that matters. Being part of such a stable and re...
Communication is direct, respectful, and effective. There’s little recognition unless you're in management. Strong emphasis on teamwork and collaboration. Employee well-being is prioritized, with flexible schedules and competitive benefits.

Drake Construction Overview

Website
www.mdrakeconstruction.com
Founded In
2007
Employees
<25 employees
Industry
Construction
Headquarter Address
603 E A St Belleville Illinois IL 62220
Revenue
<$5 Million
Phone Number
+1 6182222829
Social Media
About Drake Construction
Drake Construction is a full service contracting company specializing in wall finishing systems for residential and commercial clients. We offer exceptional service and expertise with both interior and exterior wall finishing systems including plaster, drywall, stucco, exterior insulation finishing systems (EIFS), and painting for new construction and remodel. Mark Warren Drake, President, has ove

What Benefits Does Drake Construction Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake Construction 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Drake Construction.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Drake Construction, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Drake Construction salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake Construction

1. How much does a Drake Construction employee make?

Drake Construction pays its employees an average of $85,196 per year. The average salary at Drake Construction range from $75,058 to $96,137 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 Drake Construction?

The salary at Drake Construction is higher than the similar company. The average annual salary at Drake Construction is $85,196, or an hourly wage of $41, in comparison to Mechanical Insulation & Supply Inc which pays $81,135 per year or $39 per hour.

3. How much does a President typically earn at Drake Construction?

A President at Drake Construction typically earns an average annual base salary of around $659,493, with a general range of $505,519 to $829,436.

4. Do employees with advanced degrees (Master's, PhD) earn more at Drake Construction?

In many roles at Drake Construction, 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.

5. How does the cost of living near Chicago affect the perceived value of a Drake Construction salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Drake Construction based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Drake Construction typically offer employees?

Drake Construction 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 Drake Construction" section on this page.