Farpoint Development Salary

As of April 2026, the average annual salary for employees at Farpoint Development in the United States is $94,974. This translates to an approximate hourly wage of $46. Salaries at Farpoint Development typically range from $83,480 to $107,453 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Farpoint Development

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Is Farpoint Development’s Pay Competitive? Salary Benchmarking Analysis

How does Farpoint Development'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
Solidvapor Inc $83,087
-12.5%
Solidvapor Inc operates with a leaner overhead structure, impacting base wage offers.
L&L Financial Services LLP $83,392
-12.2%
L&L Financial Services LLP focuses strategically on recruiting and training entry-level apprentices.
Walker and Associates Real Estate $87,844
-7.5%
Normalized for lower cost-of-living zones where Walker and Associates Real Estate primarily operates.
Resource Seven Inc $86,736
-8.7%
Typical compensation structure for smaller regional agencies like Resource Seven Inc.
Business Services Industry $120,931
+27.3%
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 Farpoint Development

Considering a career at Farpoint Development? 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.
I also appreciate the hybrid work model and flexibility in scheduling. It helps create a clear boundary between work and personal time. As a parent, I feel incredibly supported. They value autonomy and results. This adaptive approach ensures we stay competitive and efficient, which benefits everyone in the long run.
I also appreciate the focus on innovation—new ideas are not only welcomed but implemented. Benefits are okay; nothing stands out significantly. The company offers a healthy pace. Work-life balance and reliable structure. Employees benefit from competitive pay, wellness initiatives, and flexible work arrangements. Management trusts us with significant responsibilities, providing the autonomy to inn...
I feel like they are personally invested in my success. Benefits include health insurance, paid time off, and wellness programs. Leadership is transparent, and employees are kept informed on key decisions. It fosters a culture of mutual respect and collaboration. I've enjoyed my time here immensely.

Farpoint Development Overview

Website
www.farpointdev.com
Founded In
2016
Employees
<25 employees
Industry
Business Services
Headquarter Address
120 N Racine Ave Chicago Illinois IL 60607
Revenue
$5 Million - $10 Million
Phone Number
+1 3129712525
Social Media
About Farpoint Development
Farpoint is a Chicago-based real estate development company with extensive experience in managing large scale development and redevelopment projects. With more than 30 years of experience, Farpoint's principals have created some of Chicago's most iconic and innovative commercial office and mixed-use projects, totaling more than five million square feet valued in excess of $1 billion. From ground-u

What Benefits Does Farpoint Development Offer Beyond Salary?

A competitive compensation package is more than just a salary. Farpoint Development 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 Farpoint Development.
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 Farpoint Development, 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 Farpoint Development 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 Farpoint Development

1. What is the average salary for employees at Farpoint Development?

The average annual total compensation for employees at Farpoint Development is approximately $94,974. However, this is an aggregate figure, actual salaries can range significantly, typically from $83,480 to $107,453, depending on factors like job role, experience, and location.

2. How much does Farpoint Development pay compared to Solidvapor Inc?

The average annual salary at Farpoint Development is $94,974, or an hourly wage of $46, in comparison to Solidvapor Inc which pays $83,087 per year or $40 per hour.

3. What is the lowest salary at Farpoint Development?

The lowest-paying job at Farpoint Development is a Project Coordinator with a salary of $54,817 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Farpoint Development?

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

5. Does Farpoint Development offer cost-of-living adjustments (COLA) for employees in high-cost areas like Chicago?

While some companies offer formal COLA, many, including potentially Farpoint Development, 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.

6. What's the typical process for salary reviews and raises at Farpoint Development?

Most companies, likely including Farpoint Development, 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.