516 Group LLC Salary

516 Group LLC Salary

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As of August 2026, the average hourly salary for employees at 516 Group LLC in the United States is $46. This translates to an approximate annual wage of $96,693. Salaries at 516 Group LLC typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at 516 Group LLC

Ready for your next career move? Explore current job openings at 516 Group LLC. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 516 Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does 516 Group LLC'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
West Vassar LLC $45
-3.7%
West Vassar LLC focuses strategically on recruiting and training entry-level apprentices.
Orix Prime West Littleton LLC $44
-4.9%
Normalized for lower cost-of-living zones where Orix Prime West Littleton LLC primarily operates.
Beacon West LLC $44
-5.6%
Beacon West LLC operates with a leaner overhead structure, impacting base wage offers.
West Creek 06 E LLC $45
-4.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Business Services Industry $59
+25.1%
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.

Companies Similar to 516 Group LLC and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at 516 Group LLC. Click a company name to learn more.

Employee Reviews: Working at 516 Group LLC

Considering a career at 516 Group LLC? 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.
It’s one of the many ways they support their employees. From onboarding to daily operations, the employee experience is well-managed. Compensation is in line with industry averages. The company fosters a diverse and inclusive workplace, which makes everyone feel valued.
Commented in March 04, 2025
15
1
It's rewarding to work somewhere that truly values its clients. There’s a strong focus on efficient processes and realistic deadlines, so we can deliver high-quality work without burning out. I also appreciate the company’s commitment to diversity and sustainability. Knowing we're making a real impact for our clients makes the hard work worthwhile every day. The company’s commitment to diversity a...
Commented in September 22, 2024
28
2
The company has a well-structured onboarding process and offers clear career progression paths. My professional expertise is genuinely respected by my superiors. Recognition programs boost motivation. The company offers mutual respect. I appreciate the flexible work arrangements that make balancing personal and professional life easier. This exposure to different functions has broadened my skill s...
Commented in August 26, 2024
12
1
Employees are recognized for their achievements, creating a motivating atmosphere. The benefits package is competitive, with strong health and wellness coverage. While the work isn’t particularly challenging or innovative, it’s a stable job that offers decent work-life balance and average benefits. Their size means they can handle all our needs in-house.
Commented in August 24, 2024
24
2
There’s a clear structure and minimal surprises. It gives me peace of mind knowing that my family and I are well-covered. The company offers freedom to innovate. This company is driven by a strong vision and strategic clarity, which makes it easier to align individual goals with broader organizational success. Training programs are thoughtfully designed and accessible.
Commented in February 23, 2024
23
1

516 Group LLC Overview

Website
Data pending, update soon.
Founded In
2017
Employees
25 - 50 employees
Industry
Business Services
Headquarter Address
15 S 9th St Minneapolis Minnesota MN 55402
Revenue
<$5 Million
Phone Number
+1 6123674460
Social Media
About 516 Group LLC
516 Group LLC is a company that operates in the Real Estate industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Minneapolis, Minnesota.

What Benefits Does 516 Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. 516 Group LLC 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at 516 Group LLC.
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 516 Group LLC, 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 516 Group LLC 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 516 Group LLC

1. What is the typical salary range (low to high) for most roles at 516 Group LLC?

The typical salary range for most roles at 516 Group LLC is approximately from $41 to $53 per hour. 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 516 Group LLC pay compared to West Vassar LLC?

The average annual salary at 516 Group LLC is $96,693, or an hourly wage of $46, in comparison to West Vassar LLC which pays $93,139 per year or $45 per hour.

3. How does experience level affect salary at 516 Group LLC?

Experience level is a significant factor in determining salary at 516 Group LLC, 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 516 Group LLC in Minneapolis is fair given the local cost of living?

To determine if a salary offer from 516 Group LLC in Minneapolis is fair, first compare the gross salary to our data for similar roles at 516 Group LLC 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 factors influence salary increases at 516 Group LLC?

Salary increases at 516 Group LLC are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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