Franklin Regional Economic Development Salary

As of August 2026, the average annual salary for employees at Franklin Regional Economic Development in the United States is $84,099. This translates to an approximate hourly wage of $40. Salaries at Franklin Regional Economic Development typically range from $73,510 to $96,271 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Franklin Regional Economic Development

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Is Franklin Regional Economic Development’s Pay Competitive? Salary Benchmarking Analysis

How does Franklin Regional Economic Development'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
Elm City Center $83,361
-0.9%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Norwegian Fjord Association of America $90,206
+7.3%
Driven by niche technical certifications required for Norwegian Fjord Association of America's specialized projects.
DeSoto Economic Council $82,359
-2.1%
Indicates identical technical requirements and experience levels between the two firms.
State of Minnesota Brainerd Regional Human Services Center $84,637
+0.6%
Suggests State of Minnesota Brainerd Regional Human Services Center utilizes a highly similar base-plus-benefits compensation model.
Edu., Gov't. & Nonprofit Industry $115,341
+37.1%
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 Franklin Regional Economic Development

Considering a career at Franklin Regional Economic Development? 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 onboarding process was smooth, and I felt welcomed from day one. Strong focus on community service. Working in this organization has been a fulfilling experience. They care deeply about their impact and consistently demonstrate high standards in education and governance services.
This organization fosters a welcoming, growth-oriented environment where employees feel empowered and proud to contribute. Reliable employment, but innovation is often stifled by red tape. Strong commitment to employee development through continuous training programs. Still, their intentions and professionalism are appreciated. The organization offers opportunities to learn and grow, and leadershi...
The impactful public service mission adds meaning to daily tasks, inspiring employees to deliver their best. The workload is manageable, and the benefits are solid, especially for long-term employees. While the benefits are strong, especially healthcare and pensions, compensation is average. The mission drives the team’s energy. Employees feel supported in delivering impactful public service with ...
Improved our recruitment outcomes significantly. Wellness programs and flexible work schedules promote work-life balance, while meaningful public service projects engage and inspire staff daily. Working here feels purposeful. What I appreciate most is how the organization balances innovation with tradition, always putting student success first.

Franklin Regional Economic Development Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
614 W Main St West Frankfort Illinois IL 62896
Revenue
<$5 Million
Phone Number
+1 6189322121
Social Media
About Franklin Regional Economic Development
Franklin Regional Economic Development 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 West Frankfort, Illinois.

What Benefits Does Franklin Regional Economic Development Offer Beyond Salary?

A competitive compensation package is more than just a salary. Franklin Regional Economic Development 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Franklin Regional Economic Development.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Franklin Regional Economic Development, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Franklin Regional Economic Development salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Franklin Regional Economic Development

1. What is the estimated average total compensation at Franklin Regional Economic Development?

Salary.com estimates that the average total compensation package at Franklin Regional Economic Development, which can include base salary, potential bonuses, and benefits, is around $84,099 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Franklin Regional Economic Development pay compared to Elm City Center?

The average annual salary at Franklin Regional Economic Development is $84,099, or an hourly wage of $40, in comparison to Elm City Center which pays $83,361 per year or $40 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Franklin Regional Economic Development?

Salary progression from an entry-level to a senior role at Franklin Regional Economic Development 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.

4. How can I determine if a salary offer from Franklin Regional Economic Development in Chicago is fair given the local cost of living?

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

5. Are promotions at Franklin Regional Economic Development usually accompanied by a significant salary increase?

Yes, promotions at Franklin Regional Economic Development 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.