Folded Salary

As of September 2026, the average annual salary for employees at Folded in the United States is $105,596. This translates to an approximate hourly wage of $51. Salaries at Folded typically range from $92,808 to $119,464 annually, reflecting the diverse roles and experience levels within the company.
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Is Folded’s Pay Competitive? Salary Benchmarking Analysis

How does Folded'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
Gleichenhaus Marchese & Weishaar PC $84,173
-20.3%
Gleichenhaus Marchese & Weishaar PC likely leverages performance bonuses over the high base salary shown here.
Therapeutic Bodyworks LLC $89,837
-14.9%
Therapeutic Bodyworks LLC may offer non-monetary perks in lieu of competitive base salaries.
Verifi Investigations Services $88,044
-16.6%
Typical compensation structure for smaller regional agencies like Verifi Investigations Services.
Land Surveyor PC $95,744
-9.3%
Land Surveyor PC focuses strategically on recruiting and training entry-level apprentices.
Business Services Industry $120,931
+14.5%
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 Folded

Considering a career at Folded? 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.
The company has clear structures and expectations, though flexibility is limited. Work processes are clearly outlined, though they can be inflexible. It could benefit from better time management. Employees are given real ownership of their work, with plenty of autonomy and clear expectations.
Balanced workload and recognition. They genuinely seem to care about employee well-being, offering wellness programs and support. I’ve had the opportunity to work on high-impact projects with intelligent, driven colleagues. Career progression requires time and persistence. Office environment is professional but lacks energy. The opportunity to work on diverse and challenging financial projects mea...
It’s a very reassuring and stable environment to work in. This kind of leadership makes a significant positive impact on the entire workforce and culture. One of the best aspects is the direct access to senior leadership and their willingness to mentor junior staff. Encouraging feedback from management.

Folded Overview

Website
www.foldedlaundry.com
Founded In
1995
Employees
<25 employees
Industry
Business Services
Headquarter Address
153 E 87th St New York City New York NY 10128
Revenue
<$5 Million
Phone Number
+1 9177686721
Social Media
About Folded
Folded Laundry offers premier on-demand pick-up and delivery of dry cleaning and wash & fold laundry services in NYC. For more information call 917-768-6721

What Benefits Does Folded Offer Beyond Salary?

A competitive compensation package is more than just a salary. Folded 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Folded.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Folded, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Folded salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Folded

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

The typical annual salary range for most roles at Folded is approximately from $92,808 to $119,464. 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 Folded pay compared to Gleichenhaus Marchese & Weishaar PC?

The average annual salary at Folded is $105,596, or an hourly wage of $51, in comparison to Gleichenhaus Marchese & Weishaar PC which pays $84,173 per year or $40 per hour.

3. How does experience level affect salary at Folded?

Experience level is a significant factor in determining salary at Folded, 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 Folded in New York is fair given the local cost of living?

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

5. Why might an individual's actual salary at Folded differ from the ranges shown here?

An individual's actual salary at Folded can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.