DRAKE Residential Salary

As of September 2026, the average annual salary for employees at DRAKE Residential in the United States is $80,397. This translates to an approximate hourly wage of $39. Salaries at DRAKE Residential typically range from $70,660 to $90,967 annually, reflecting the diverse roles and experience levels within the company.

How Much Does DRAKE Residential Pay for Different Roles?

Explore detailed salary information for specific jobs at DRAKE Residential. Based on our data, the highest paying job is the President, with an annual salary of $622,342. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is DRAKE Residential’s Pay Competitive? Salary Benchmarking Analysis

How does DRAKE Residential'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
Red Wagon Properties $86,072
+7.1%
Supported by Red Wagon Properties's high-margin contracts allowing higher overhead.
Smith | Schnider $99,056
+23.2%
Driven by niche technical certifications required for Smith | Schnider's specialized projects.
Sai Grand Homes $88,150
+9.6%
Reflects a supply-demand imbalance for the specific talent Sai Grand Homes targets.
Michael Lawler $81,367
+1.2%
Indicates identical technical requirements and experience levels between the two firms.
Business Services Industry $120,931
+50.4%
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 Residential

Considering a career at DRAKE Residential? 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 performance review process is fair, transparent, and constructive. Team leaders are supportive and empower their team members. It’s easy to approach anyone, regardless of their title. We provide essential services that allow our clients’ businesses to grow and succeed. This balance makes it enjoyable to come to work and collaborate with colleagues who are both experts in their field and great ...
Leadership communicates well and promotes from within. Structure is strong, and performance expectations are fair. Work-from-home flexibility is sometimes available, depending on the role and current projects. It’s a great morale booster and something everyone looks forward to. Strong focus on diversity and inclusion.
Consistent values and friendly coworkers. Opportunities for growth are everywhere. Tools like internal social networks and team workspaces keep everyone aligned. Advancement opportunities are clear, and hard work doesn’t go unnoticed. It’s incredibly motivating.

DRAKE Residential Overview

Website
www.drakeresidential.com
Founded In
2013
Employees
<25 employees
Industry
Business Services
Headquarter Address
1902 Brandon Dr Tyler Texas TX 75703
Revenue
<$5 Million
Phone Number
+1 9035616969
Social Media
About DRAKE Residential
DRAKE Residential is a company that operates in the Real Estate industry. It employs 6-10 people and has $1M-$5M of revenue. The company is headquartered in Tyler, Texas.

What Benefits Does DRAKE Residential Offer Beyond Salary?

A competitive compensation package is more than just a salary. DRAKE Residential 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)
Work at DRAKE Residential?
Share your experience
How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

illustration

What Is the Cost of Living Near Dallas?

Understanding the cost of living near Dallas is key to truly evaluating a salary offer or your current compensation at DRAKE Residential.
Dallas' Cost of Living Index is approximately 101.6 (1.6% more expensive than US average; 9.2% more than TX average). Major city, corporate hub, housing costs above US avg in desirable areas. DART bus/rail. When planning your budget based on a salary from DRAKE Residential, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $2,000+ A significant portion of DRAKE Residential salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (DART monthly regional pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,776 - $4,376+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of DRAKE Residential

1. What is the estimated average total compensation at DRAKE Residential?

Salary.com estimates that the average total compensation package at DRAKE Residential, which can include base salary, potential bonuses, and benefits, is around $80,397 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does DRAKE Residential pay compared to Red Wagon Properties?

The average annual salary at DRAKE Residential is $80,397, or an hourly wage of $39, in comparison to Red Wagon Properties which pays $86,072 per year or $41 per hour.

3. Do salaries differ significantly between departments at DRAKE Residential?

Yes, salaries often differ between departments at DRAKE Residential due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at DRAKE Residential?

Salary progression from an entry-level to a senior role at DRAKE Residential 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.

5. How can I determine if a salary offer from DRAKE Residential in Dallas is fair given the local cost of living?

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

6. Are promotions at DRAKE Residential usually accompanied by a significant salary increase?

Yes, promotions at DRAKE Residential 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.