Drake's Place Salary

Drake's Place Salary

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As of August 2026, the average annual salary for employees at Drake's Place in the United States is $98,381. This translates to an approximate hourly wage of $47. Salaries at Drake's Place typically range from $86,467 to $111,294 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Drake's Place Pay for Different Roles?

Explore detailed salary information for specific jobs at Drake's Place. Based on our data, the highest paying job is the Manager, with an annual salary of $100,951. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Drake's Place

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

Is Drake's Place’s Pay Competitive? Salary Benchmarking Analysis

How does Drake's Place'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
Salon Solution $83,150
-15.5%
Salon Solution focuses strategically on recruiting and training entry-level apprentices.
Salon 705 Brandon $84,648
-14.0%
Salon 705 Brandon likely leverages performance bonuses over the high base salary shown here.
The TEN Nail Bar $89,584
-8.9%
Reflects market rates for standard general contracting, differing from specialized roles.
La Rouge Artistry $93,782
-4.7%
La Rouge Artistry may offer non-monetary perks in lieu of competitive base salaries.
Business Services Industry $120,931
+22.9%
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.

How Drake's Place's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Drake's Place. Click a company name to learn more.

Employee Reviews: Working at Drake's Place

Considering a career at Drake's Place? 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.
It’s a good job for those who prefer predictability over excitement. Strong employee engagement initiatives here. My opinions matter here. Pricing is fair, but response times could be faster for urgent requests. The employee stock purchase plan is a great benefit. The culture is respectful but leans conservative in terms of change. I’m constantly inspired by the creativity and passion of my collea...
Commented in February 24, 2025
37
0
There's limited opportunity for lateral movement or creativity. This balance of autonomy and support is perfect for fostering skill development and confidence within the teams. Work-life balance is supported through hybrid working options. Career advancement is available but often dependent on tenure.
Commented in February 14, 2025
32
3
Management trusts us with significant responsibilities, providing the autonomy to innovate while offering support when needed. Leadership is approachable and responsive, and they encourage feedback. From mental health resources to wellness challenges, they invest in our overall health and happiness. However, the culture is reserved.
Commented in February 06, 2025
32
0

Drake's Place Overview

Website
www.drakesplace.biz
Founded In
2008
Employees
<25 employees
Industry
Business Services
Headquarter Address
9900 Greenbelt Rd Lanham Maryland MD 20706
Revenue
<$5 Million
Phone Number
+1 3015522278
Social Media
About Drake's Place
The Salon and Barbershop offers internships to DuVal's students with ample opportunities to learn from staff and interact with clients. The Vocational Development Work Study program at DuVal is designed to give 11th and 12th grade students the opportunity to transition easily from school to work environments. Their performance at these various jobs within the community contributes to the students'

What Benefits Does Drake's Place Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake's Place 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 Drake's Place.
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 Drake's Place, 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 Drake's Place 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 Drake's Place

1. What is the typical salary range (low to high) for most roles at Drake's Place?

The typical annual salary range for most roles at Drake's Place is approximately from $86,467 to $111,294. 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 Drake's Place pay compared to Salon Solution?

The average annual salary at Drake's Place is $98,381, or an hourly wage of $47, in comparison to Salon Solution which pays $83,150 per year or $40 per hour.

3. How does experience level affect salary at Drake's Place?

Experience level is a significant factor in determining salary at Drake's Place, 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 Drake's Place in Washington is fair given the local cost of living?

To determine if a salary offer from Drake's Place in Washington is fair, first compare the gross salary to our data for similar roles at Drake's Place 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 factors influence salary increases at Drake's Place?

Salary increases at Drake's Place are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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