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Herreid Economic Development Corp Salary

Herreid Economic Development Corp Salary

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As of September 2026, the average annual salary for employees at Herreid Economic Development Corp in the United States is $81,304. This translates to an approximate hourly wage of $39. Salaries at Herreid Economic Development Corp typically range from $71,100 to $93,039 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Herreid Economic Development Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Herreid Economic Development Corp. Based on our data, the highest paying job is the Manager, Business, with an annual salary of $101,940. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Herreid Economic Development Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Herreid Economic Development Corp'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
Borough of Bernardsville $97,706
+20.2%
Adjusted for higher cost-of-living indices in Borough of Bernardsville's primary metro hubs.
City of St Clair $86,694
+6.6%
Data suggests City of St Clair's workforce skews heavily towards veteran, high-tenure roles.
Town of Osceola $83,414
+2.6%
Indicates identical technical requirements and experience levels between the two firms.
Mentoring Partnership $83,350
+2.5%
Suggests Mentoring Partnership utilizes a highly similar base-plus-benefits compensation model.
Edu., Gov't. & Nonprofit Industry $115,341
+41.9%
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.

How Herreid Economic Development Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Herreid Economic Development Corp. Click a company name to learn more.

Employee Reviews: Working at Herreid Economic Development Corp

Considering a career at Herreid Economic Development Corp? 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.
Leadership support is hit or miss. Working with them has been a smooth and genuinely positive experience throughout. The mission to serve the public and support education creates a strong sense of purpose. The mission drives the team’s energy. Benefits are excellent, including paid leave and medical coverage.
Commented in March 09, 2025
36
0
Expanded impact. The stability and comprehensive benefits are excellent, and it’s truly inspiring to see the direct impact of our work on the community and educational outcomes. I’ve received excellent support for professional development and continuing education. The work can be challenging but also deeply rewarding, especially when you see the results in the community or student success. Workloa...
Commented in August 31, 2024
23
2
Support is not consistent, although sometimes it take time. Flexibility and open dialogue are encouraged, and leadership takes staff feedback seriously. It’s a positive and steady place to build a career. Suitable for someone seeking consistency, though likely frustrating for those who want a more agile environment.
Commented in February 28, 2024
44
2

Herreid Economic Development Corp Overview

Website
www.herreidsd.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
PO Box 22 Herreid South Dakota SD 57632
Revenue
<$5 Million
Phone Number
+1 6054372263
Social Media
About Herreid Economic Development Corp
Herreid Economic Development Corp is a company that operates in the Government industry. It employs 6-10 people and has $0M-$1M of revenue. The company is headquartered in Herreid, South Dakota.

What Benefits Does Herreid Economic Development Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Herreid Economic Development Corp 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 Sioux Falls?

Understanding the cost of living near Sioux Falls is key to truly evaluating a salary offer or your current compensation at Herreid Economic Development Corp.
Sioux Falls' Cost of Living Index is approximately 90.5 (9.5% less expensive than US average; 3.0% less than SD average). Largest SD city, financial/healthcare hub, affordable housing. SAM bus. When planning your budget based on a salary from Herreid Economic Development Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of Herreid Economic Development Corp salary. Location choices impact this heavily.
Utilities (Basic) $110 - $200 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SAM monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,150 - $3,500+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Herreid Economic Development Corp

1. How much does Herreid Economic Development Corp in the United States pay?

Herreid Economic Development Corp pays its employees an average of $81,304 per year. The average salary at Herreid Economic Development Corp range from $71,100 to $93,039 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.

2. Do Herreid Economic Development Corp employees get a higher salary than its peer company?

The salary at Herreid Economic Development Corp is lesser than its peer company. The average annual salary at Herreid Economic Development Corp is $81,304, or an hourly wage of $39, in comparison to Borough of Bernardsville which pays $97,706 per year or $47 per hour.

3. What are the highest paying jobs at Herreid Economic Development Corp?

The higher-paying job at Herreid Economic Development Corp, according to our data, include Manager, Business (avg. $101,940 per year), Superintendent (avg. $84,124 per year), and Science Teacher (avg. $43,422 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Herreid Economic Development Corp?

Salary progression with years of experience at Herreid Economic Development Corp is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Herreid Economic Development Corp vary by office location?

Yes, it's very likely that salaries at Herreid Economic Development Corp vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Sioux Falls section provides more context.

6. Does Herreid Economic Development Corp offer good benefits?

Herreid Economic Development Corp typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Herreid Economic Development Corp" section on this page.

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