| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Foundation for Spirituality and the Arts Inc | $105,069 |
+26.1%
|
Data suggests Foundation for Spirituality and the Arts Inc's workforce skews heavily towards veteran, high-tenure roles. |
| Mortgage Banker | $85,829 |
+3.0%
|
Reflects a supply-demand imbalance for the specific talent Mortgage Banker targets. |
| Joif LP | $91,789 |
+10.2%
|
Influenced by prevailing union wage agreements specific to Joif LP's sector. |
| All Elite Loan Inc | $109,815 |
+31.8%
|
Driven by niche technical certifications required for All Elite Loan Inc's specialized projects. |
| Financial Services Industry | $121,514 |
+45.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$105,069 / year
Salary Range: $92,158 - $119,061
New York City, NY
$85,829 / year
Salary Range: $75,288 - $97,259
Lake Jackson, TX
$91,789 / year
Salary Range: $80,520 - $104,014
Somers, CT
$109,815 / year
Salary Range: $96,327 - $124,439
San Francisco, CA
$90,860 / year
Salary Range: $79,704 - $102,965
Bloomfield Hills, MI
$84,384 / year
Salary Range: $74,014 - $95,625
New Buffalo, MI
$90,090 / year
Salary Range: $79,017 - $102,087
Royal Oak, MI
$85,059 / year
Salary Range: $74,609 - $96,381
Grand Rapids, MI
$90,987 / year
Salary Range: $79,814 - $103,112
Detroit, MI
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 Homecor 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. |
Salary.com estimates that the average total compensation package at Homecor, which can include base salary, potential bonuses, and benefits, is around $83,308 annually . Total compensation provides a more holistic view of an employee's earnings.
The average annual salary at Homecor is $83,308, or an hourly wage of $40, in comparison to Foundation for Spirituality and the Arts Inc which pays $105,069 per year or $51 per hour.
Yes, salaries often differ between departments at Homecor due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.
Salary progression from an entry-level to a senior role at Homecor 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.
To determine if a salary offer from Homecor in Grand Rapids is fair, first compare the gross salary to our data for similar roles at Homecor and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Grand Rapids" to understand its purchasing power.
Yes, promotions at Homecor 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.
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