Farr Yacht Design Salary

As of August 2026, the average annual salary for employees at Farr Yacht Design in the United States is $93,677. This translates to an approximate hourly wage of $45. Salaries at Farr Yacht Design typically range from $82,508 to $105,709 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Farr Yacht Design Pay for Different Roles?

Explore detailed salary information for specific jobs at Farr Yacht Design. Based on our data, the highest paying job is the President, with an annual salary of $725,141. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Farr Yacht Design

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

Is Farr Yacht Design’s Pay Competitive? Salary Benchmarking Analysis

How does Farr Yacht Design'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
Penford Products Co. LLC $87,443
-6.7%
Typical compensation structure for smaller regional agencies like Penford Products Co. LLC.
NebuLite Technology Inc $92,770
-1.0%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Arzell Inc $90,238
-3.7%
Arzell Inc operates with a leaner overhead structure, impacting base wage offers.
Gr Truss & Components LLC $72,359
-22.8%
Normalized for lower cost-of-living zones where Gr Truss & Components LLC primarily operates.
MFG Durable Industry $121,746
+30.0%
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 Farr Yacht Design

Considering a career at Farr Yacht Design? 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.
Strong leadership drives our team’s success daily. Employees receive fair benefits and maintain steady employment, though work can be repetitive. What makes this manufacturer special is its ability to combine large-scale production with attention to detail. I'm proud to be part of this manufacturing team. Management is responsive, encouraging feedback and implementing practical improvements.
The culture is professional but sometimes bureaucratic, with resistance to rapid change and innovation. Safety measures exist but enforcement can be variable. I’m proud to be part of this team. Shift schedules fluctuate, affecting personal time. Training is provided but and it can meet specific job needs. Work conditions are generally stable, with decent safety measures and adequate equipment. ope...
I’ve stayed because the company treats people right. It’s a company where people are appreciated and given room to grow. Our esteemed leadership team consistently leads by inspiring example, demonstrating remarkable passion for media, unwavering dedication to our shared mission, and a strong, unshakeable commitment to upholding our company's core creative values and ethical standards. However, job...

Farr Yacht Design Overview

Website
www.farrdesign.com
Founded In
2008
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
100 Severn Ave Annapolis Maryland MD 21403
Revenue
<$5 Million
Phone Number
+1 4102670780
Social Media
About Farr Yacht Design
Farr Yacht Design prides itself on offering our clients a comprehensive range of yacht design services. Whether your goal is to win the world's premier yacht races or to enjoy leisurely cruising with family and friends, we offer a wide range of services that can be customized to make your vision a reality. Science and artistry are combined in the development of each of our designs to produce a com

What Benefits Does Farr Yacht Design Offer Beyond Salary?

A competitive compensation package is more than just a salary. Farr Yacht Design 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Baltimore?

Understanding the cost of living near Baltimore is key to truly evaluating a salary offer or your current compensation at Farr Yacht Design.
Baltimore's Cost of Living Index is approximately 91.8 (8.2% less expensive than US average; 18.8% less than MD average). Major city, historic, affordable housing in many areas, but varies greatly by neighborhood. MTA bus/Light Rail/Metro Subway. When planning your budget based on a salary from Farr Yacht Design, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of Farr Yacht Design salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $77 (MTA CharmCard 31-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,627 - $4,227+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Farr Yacht Design

1. What is the typical salary range (low to high) for most roles at Farr Yacht Design?

The typical annual salary range for most roles at Farr Yacht Design is approximately from $82,508 to $105,709. 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 Farr Yacht Design pay compared to Penford Products Co. LLC?

The average annual salary at Farr Yacht Design is $93,677, or an hourly wage of $45, in comparison to Penford Products Co. LLC which pays $87,443 per year or $42 per hour.

3. How does experience level affect salary at Farr Yacht Design?

Experience level is a significant factor in determining salary at Farr Yacht Design, 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 Farr Yacht Design in Baltimore is fair given the local cost of living?

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

5. Are the salaries listed for Farr Yacht Design on Salary.com pre-tax or after-tax?

All salary figures displayed for Farr Yacht Design, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.