First Midstate Inc Salary

First Midstate Inc Salary

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As of April 2026, the average annual salary for employees at First Midstate Inc in the United States is $84,563. This translates to an approximate hourly wage of $41. Salaries at First Midstate Inc typically range from $74,179 to $95,832 annually, reflecting the diverse roles and experience levels within the company.

How Much Does First Midstate Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at First Midstate Inc. Based on our data, the highest paying job is the President, with an annual salary of $654,594. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at First Midstate Inc

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

Is First Midstate Inc’s Pay Competitive? Salary Benchmarking Analysis

How does First Midstate Inc'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
Western Pacific Home Loans $98,297
+16.2%
Reflects a supply-demand imbalance for the specific talent Western Pacific Home Loans targets.
Chi-Rho Financial LLC $88,572
+4.7%
Adjusted for higher cost-of-living indices in Chi-Rho Financial LLC's primary metro hubs.
NRH Holdings Ltd $97,632
+15.5%
Driven by niche technical certifications required for NRH Holdings Ltd's specialized projects.
Inhouse Lender $99,404
+17.5%
Influenced by prevailing union wage agreements specific to Inhouse Lender's sector.
Financial Services Industry $121,514
+43.7%
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 First Midstate Inc's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at First Midstate Inc. Click a company name to learn more.

Employee Reviews: Working at First Midstate Inc

Considering a career at First Midstate Inc? 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.
A routine-driven environment with predictable outcomes. Time-off policies are generous and flexible. Management recognizes and rewards effort. The workload is steady but may lack variety. This autonomy fosters responsibility and a sense of ownership over my work.
Commented in February 11, 2025
34
3
Management is supportive and values diverse perspectives, leading to an inclusive work environment. If you’re looking for mentorship and career growth, this is it. There’s clear communication, opportunities for internal advancement, and strong mentorship programs. The work is challenging yet rewarding. This approach minimizes disruption and anxiety. It’s a good place for people who enjoy order and...
Commented in October 14, 2024
48
2
Communication is streamlined and it is somehow very transparent. Every day brings a new opportunity to grow. Despite having team members, IT support is responsive, and systems are user-friendly.
Commented in January 20, 2024
49
0

First Midstate Inc Overview

Website
www.firstmidstate.com
Founded In
1963
Employees
<25 employees
Industry
Financial Services
Headquarter Address
306 N Main St Bloomington Illinois IL 61701
Revenue
<$5 Million
Phone Number
+1 3098293311
Social Media
About First Midstate Inc
First Midstate Incorporated is an investment banking firm in Bloomington, Illinois. We have over 50 years of experience in the formulation, voting and marketing of Illinois municipal bonds. We decided long ago that rather than trying to be all things to all people, First Midstate would specialize in public finance. Our location in Bloomington makes us easily accessible to all Illinois locations an

What Benefits Does First Midstate Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. First Midstate Inc 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 First Midstate Inc?
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What Is the Cost of Living Near Bloomington?

Understanding the cost of living near Bloomington is key to truly evaluating a salary offer or your current compensation at First Midstate Inc.
Bloomington's Cost of Living Index is approximately 88.5 (11.5% less expensive than US average; 5.6% less than IL average). Central IL city (paired with Normal), affordable housing. Connect Transit. When planning your budget based on a salary from First Midstate Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of First Midstate Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Connect Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,080 - $3,330+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of First Midstate Inc

1. What is the estimated average total compensation at First Midstate Inc?

Salary.com estimates that the average total compensation package at First Midstate Inc, 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 First Midstate Inc pay compared to Western Pacific Home Loans?

The average annual salary at First Midstate Inc is $84,563, or an hourly wage of $41, in comparison to Western Pacific Home Loans which pays $98,297 per year or $47 per hour.

3. Do salaries differ significantly between departments at First Midstate Inc?

Yes, salaries often differ between departments at First Midstate Inc 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 First Midstate Inc?

Salary progression from an entry-level to a senior role at First Midstate Inc 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 First Midstate Inc in Bloomington is fair given the local cost of living?

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

6. Are promotions at First Midstate Inc usually accompanied by a significant salary increase?

Yes, promotions at First Midstate Inc 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.

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