Forest Lake Economic Development Authoritythe Salary

As of October 2026, the average annual salary for employees at Forest Lake Economic Development Authoritythe in the United States is $94,594. This translates to an approximate hourly wage of $45. Salaries at Forest Lake Economic Development Authoritythe typically range from $82,683 to $108,294 annually, reflecting the diverse roles and experience levels within the company.
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Is Forest Lake Economic Development Authoritythe’s Pay Competitive? Salary Benchmarking Analysis

How does Forest Lake Economic Development Authoritythe'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
University Preparatory Academy $111,123
+17.5%
Data suggests University Preparatory Academy's workforce skews heavily towards veteran, high-tenure roles.
Local Central Falls & Pawtucket $94,468
-0.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Calkins Newspapers Fcu $97,031
+2.6%
Indicates identical technical requirements and experience levels between the two firms.
Pierz Commercial Club $79,933
-15.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Edu., Gov't. & Nonprofit Industry $115,341
+21.9%
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 Forest Lake Economic Development Authoritythe

Considering a career at Forest Lake Economic Development Authoritythe? 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.
Excellent leadership and staff engagement. Career advancement opportunities exist but may require patience and persistence. Engaging for employees of all tech levels. Still, the organization offers predictability and a sense of service. Benefits and work-life balance are major pluses.
Coworkers are supportive and professional. The work environment is positive and supportive, with a strong emphasis on work-life balance. Steady work and decent hours, but the culture feels dated and resistant to change. The company is dedicated to fostering a culture of inclusivity and respect, supported by strong leadership and transparent communication. Leadership fosters an inclusive environmen...
The organizational culture balances high expectations with genuine support. Job security is strong, yet innovation and agility could be enhanced. Training is useful and it is personalized. A positive environment where you are encouraged to improve both personally and professionally. Staff feel appreciated and respected.

Forest Lake Economic Development Authoritythe Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
1408 Lake St S Forest Lake Minnesota MN 55025
Revenue
<$5 Million
Phone Number
+1 6514643550
Social Media
About Forest Lake Economic Development Authoritythe
Forest Lake Economic Development Authoritythe is a company that operates in the Nonprofit Organizations industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Forest Lake, Minnesota.

What Benefits Does Forest Lake Economic Development Authoritythe Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forest Lake Economic Development Authoritythe 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 Forest Lake Economic Development Authoritythe?
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What Is the Cost of Living Near Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Forest Lake Economic Development Authoritythe.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Forest Lake Economic Development Authoritythe, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Forest Lake Economic Development Authoritythe salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forest Lake Economic Development Authoritythe

1. What is the typical salary range (low to high) for most roles at Forest Lake Economic Development Authoritythe?

The typical annual salary range for most roles at Forest Lake Economic Development Authoritythe is approximately from $82,683 to $108,294. 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 Forest Lake Economic Development Authoritythe pay compared to University Preparatory Academy?

The average annual salary at Forest Lake Economic Development Authoritythe is $94,594, or an hourly wage of $45, in comparison to University Preparatory Academy which pays $111,123 per year or $53 per hour.

3. How does experience level affect salary at Forest Lake Economic Development Authoritythe?

Experience level is a significant factor in determining salary at Forest Lake Economic Development Authoritythe, 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 Forest Lake Economic Development Authoritythe in Minneapolis is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Forest Lake Economic Development Authoritythe?

Several key factors influence salary levels at Forest Lake Economic Development Authoritythe. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Forest Lake Economic Development Authoritythe likely benchmarks its salaries against other companies in the Edu., Gov't. & Nonprofit sector. You can explore how these factors play out in our detailed salary data.