Faribault Senior Salary

As of September 2026, the average annual salary for employees at Faribault Senior in the United States is $84,563. This translates to an approximate hourly wage of $41. Salaries at Faribault Senior typically range from $73,941 to $96,746 annually, reflecting the diverse roles and experience levels within the company.
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Is Faribault Senior’s Pay Competitive? Salary Benchmarking Analysis

How does Faribault Senior'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
Financial Planning Association $86,472
+2.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Westminster Fire Extinguisher Services Inc $85,755
+1.4%
Suggests Westminster Fire Extinguisher Services Inc utilizes a highly similar base-plus-benefits compensation model.
Home School Coaches $98,096
+16.0%
Adjusted for higher cost-of-living indices in Home School Coaches's primary metro hubs.
ATCO Fire Protection Inc $81,536
-3.6%
Typical compensation structure for smaller regional agencies like ATCO Fire Protection Inc.
Edu., Gov't. & Nonprofit Industry $115,341
+36.4%
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 Faribault Senior

Considering a career at Faribault Senior? 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.
This forward-thinking approach, even within a large government or educational framework, keeps the work engaging and ensures we're constantly striving for better ways to serve the public. Extremely courteous and thorough in all interactions. The job offers structure, routine, and decent benefits, but little else in terms of motivation or challenge. Teams are generally supportive, and there’s a cul...
Management communicates well, but decisions often require multiple approvals. Purpose-driven mission motivates daily work. It's rewarding to be part of an organization that makes such a significant impact on so many students' lives. I've never worked for an educational organization that values its employees so highly. Provided actionable data for decision-making. The focus on public service and ed...
Engaging public forums. Benefits are decent, not outstanding. What makes this educational organization special is its ability to balance scale with personal attention.

Faribault Senior Overview

Website
www.faribaultseniorliving.com
Founded In
2007
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
843 Faribault Rd Faribault Minnesota MN 55021
Revenue
$5 Million - $10 Million
Phone Number
+1 5073316510
Social Media
About Faribault Senior
Home Care Senior Services is proud to manage Faribault Senior Living. Faribault Senior Living was built in Faribault, Minnesota in 2010, opened its doors in April of 2011, and is managed by Home Care Senior Services. Home Care Senior Services is under the same ownership as Faribault Senior Living and manages several multi-family and senior living buildings.

What Benefits Does Faribault Senior Offer Beyond Salary?

A competitive compensation package is more than just a salary. Faribault Senior 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 Faribault Senior.
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 Faribault Senior, 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 Faribault Senior 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 Faribault Senior

1. What is the estimated average total compensation at Faribault Senior?

Salary.com estimates that the average total compensation package at Faribault Senior, which can include base salary, potential bonuses, and benefits, is around $84,563 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Faribault Senior pay compared to Financial Planning Association?

The average annual salary at Faribault Senior is $84,563, or an hourly wage of $41, in comparison to Financial Planning Association which pays $86,472 per year or $42 per hour.

3. Do salaries differ significantly between departments at Faribault Senior?

Yes, salaries often differ between departments at Faribault Senior 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 Faribault Senior?

Salary progression from an entry-level to a senior role at Faribault Senior 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 Faribault Senior in Minneapolis is fair given the local cost of living?

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

6. Are promotions at Faribault Senior usually accompanied by a significant salary increase?

Yes, promotions at Faribault Senior 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.