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Houghton State Bank Salary

Houghton State Bank Salary

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As of August 2026, the average annual salary for employees at Houghton State Bank in the United States is $82,369. This translates to an approximate hourly wage of $40. Salaries at Houghton State Bank typically range from $72,245 to $93,332 annually, reflecting the diverse roles and experience levels within the company.
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Is Houghton State Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Houghton State Bank'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
Synergy Wealth Alliance $84,753
+2.9%
Suggests Synergy Wealth Alliance utilizes a highly similar base-plus-benefits compensation model.
Nexcap Home Loans $100,364
+21.8%
Supported by Nexcap Home Loans's high-margin contracts allowing higher overhead.
Apollo BCS $84,373
+2.4%
Confirms Apollo BCS is a direct competitor vying for the exact same talent pool.
Cascade Acquisition Corp $105,723
+28.4%
Reflects a supply-demand imbalance for the specific talent Cascade Acquisition Corp targets.
Financial Services Industry $121,514
+47.5%
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.

How Houghton State Bank's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Houghton State Bank. Click a company name to learn more.

Employee Reviews: Working at Houghton State Bank

Considering a career at Houghton State Bank? 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.
We're always looking for better ways to serve our clients and streamline operations. Management encourages open dialogue and values diverse perspectives. Booking systems are intuitive. This organization provides reliable pay and benefits but has limited innovation in processes.
Commented in April 22, 2025
40
1
Since joining, I've been impressed with the company’s structure and support systems. Work is steady with routine tasks. It’s a solid place for those valuing routine over fast-paced or innovative work environments. Work-life balance is respected here. Workload is manageable and performance expectations are clear. Recognition for hard work is consistent. Ideas are welcomed, and you can really make a...
Commented in April 14, 2025
48
3
Everything works as intended, but the culture is formal, and personal expression is fairly limited in daily work. Performance reviews are fair and developmental. The learning portal offers hundreds of relevant courses. It's inspiring to work alongside such knowledgeable professionals in a culture that prioritizes both performance and personal growth. Supportive culture with excellent training oppo...
Commented in January 21, 2025
41
2

Houghton State Bank Overview

Website
www.houghtonstatebank.com
Founded In
1879
Employees
<25 employees
Industry
Financial Services
Headquarter Address
116 E Coolbaugh St Red Oak Iowa IA 51566
Revenue
<$5 Million
Phone Number
+1 7126234823
Social Media
About Houghton State Bank
Houghton State Bank has been a community bank for over 125 years. We take great pride in providing the most advanced banking services available. We consider it a privilege to be your financial partner.

What Benefits Does Houghton State Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Houghton State Bank 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 Houghton State Bank?
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What Is the Cost of Living Near Des Moines?

Understanding the cost of living near Des Moines is key to truly evaluating a salary offer or your current compensation at Houghton State Bank.
Des Moines' Cost of Living Index is approximately 80.8 (19.2% less expensive than US average; 10.1% less than IA average). State capital, affordable housing, growing. DART bus. When planning your budget based on a salary from Houghton State Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Houghton State Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $48 (DART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,078 - $3,328+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Houghton State Bank

1. What is the average salary for employees at Houghton State Bank?

The average annual total compensation for employees at Houghton State Bank is approximately $82,369. However, this is an aggregate figure, actual salaries can range significantly, typically from $72,245 to $93,332, depending on factors like job role, experience, and location.

2. How much does Houghton State Bank pay compared to Synergy Wealth Alliance?

The average annual salary at Houghton State Bank is $82,369, or an hourly wage of $40, in comparison to Synergy Wealth Alliance which pays $84,753 per year or $41 per hour.

3. What is the lowest salary at Houghton State Bank?

The lowest-paying job at Houghton State Bank is a Customer Service with a salary of $32,865 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Houghton State Bank?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Houghton State Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Houghton State Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like Des Moines?

While some companies offer formal COLA, many, including potentially Houghton State Bank, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Houghton State Bank?

Most companies, likely including Houghton State Bank, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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