| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Home Grounds | $100,122 |
+9.6%
|
Driven by niche technical certifications required for Home Grounds's specialized projects. |
| Cameron's Coffee | $103,339 |
+13.1%
|
Influenced by prevailing union wage agreements specific to Cameron's Coffee's sector. |
| EXIM Global Partners | $103,613 |
+13.4%
|
Supported by EXIM Global Partners's high-margin contracts allowing higher overhead. |
| Ps Traders | $99,278 |
+8.7%
|
Reflects structural premiums typical of Ps Traders's large-cap national operations. |
| MFG Nondurable Industry | $125,011 |
+36.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$100,122 / year
Salary Range: $88,245 - $112,964
Westbury, NY
$103,339 / year
Salary Range: $91,031 - $116,696
Shakopee, MN
$103,613 / year
Salary Range: $91,324 - $116,903
Hillside, NJ
$99,278 / year
Salary Range: $87,457 - $112,099
Utica, MI
$102,727 / year
Salary Range: $90,508 - $115,988
Hartford, CT
$96,166 / year
Salary Range: $84,717 - $108,599
Marietta, GA
$115,944 / year
Salary Range: $102,146 - $130,926
New York City, NY
$95,871 / year
Salary Range: $84,460 - $108,245
$116,070 / year
Salary Range: $102,247 - $131,072
Brooklyn, NY
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,000 - $1,500+ | A significant portion of Five Lakes Coffee salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (The Rapid monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,210 - $3,580+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Five Lakes Coffee pays its employees an average of $91,367 per year. The average salary at Five Lakes Coffee range from $80,492 to $103,160 per year. 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.
The salary at Five Lakes Coffee is lesser than the similar company. The average annual salary at Five Lakes Coffee is $91,367, or an hourly wage of $44, in comparison to Home Grounds which pays $100,122 per year or $48 per hour.
A President at Five Lakes Coffee typically earns an average annual base salary of around $707,259, with a general range of $542,117 to $890,034.
In many roles at Five Lakes Coffee, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Five Lakes Coffee based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.
Five Lakes Coffee generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Five Lakes Coffee" section on this page.
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