Centerspace Salary

As of September 2026, the average hourly salary for employees at Centerspace in the United States is $48. This translates to an approximate annual wage of $100,691. Salaries at Centerspace typically range from $42 to $55 hourly, reflecting the diverse roles and experience levels within the company.
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Is Centerspace’s Pay Competitive? Salary Benchmarking Analysis

How does Centerspace'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
Chip Holding Co $59
+22.8%
Reflects a supply-demand imbalance for the specific talent Chip Holding Co targets.
National Holding Company Inc $49
+1.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Jbj Group Holding Inc $55
+14.2%
Adjusted for higher cost-of-living indices in Jbj Group Holding Inc's primary metro hubs.
General Atlantic Service Company LP $62
+28.2%
Supported by General Atlantic Service Company LP's high-margin contracts allowing higher overhead.
Financial Services Industry $59
+20.7%
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 Centerspace

Considering a career at Centerspace? 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.
Their expertise is evident in strategic decisions. My manager has helped me develop a clear plan for advancement. Onboarding program sets new hires up for success. With employees across various specialties, knowledge sharing happens organically. Diversity and inclusion aren’t just buzzwords here—they’re embedded in the company’s DNA. However, the pace of change and some processes feel outdated. Tr...
The focus on understanding and meeting client needs is paramount, fostering long-term relationships built on reliability. The company's reputation in the industry is stellar, providing pride in our work. Internal transfers are possible but usually take time to approve and implement. A truly empowering work environment. The culture encourages innovation and teamwork, with many chances to lead proje...
There’s clear communication, opportunities for internal advancement, and strong mentorship programs. Competitive salary and excellent benefits make it a great workplace. Regulatory changes are communicated clearly. The work is meaningful, helping clients achieve important financial goals.
Information flows freely in all directions. Training is structured, and upward mobility is realistic. Leadership consistently communicates expectations and strategy. ERGs have executive sponsorship and budget. Predictable workloads and regular hours provide stability.
This organization understands the evolving financial landscape and embraces innovation. The best part of working here is the constant encouragement to learn and improve. I greatly appreciateIn a rapidly evolving industry, they actively invest in cutting-edge platforms, data analytics, and AI to enhance client services and operational efficiency.

Centerspace Overview

Website
www.centerspacehomes.com
Founded In
1970
Employees
200 - 500 employees
Industry
Financial Services
Headquarter Address
3100 10th St SW Minot North Dakota ND 58702
Revenue
$200 Million - $500 Million
Phone Number
+1 7018374738
Social Media
About Centerspace
Founded in 1970 IRET is a real estate company focused on the ownership, management, acquisition, redevelopment, and development of apartment communities. The company is headquartered in Minot, North Dakota.

What Benefits Does Centerspace Offer Beyond Salary?

A competitive compensation package is more than just a salary. Centerspace 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Minot?

Understanding the cost of living near Minot is key to truly evaluating a salary offer or your current compensation at Centerspace.
Minot's Cost of Living Index is approximately 92.1 (7.9% less expensive than US average; 3.6% less than ND average). 'Magic City' (Minot AFB), oil influence, housing fluctuates. Minot City Transit. When planning your budget based on a salary from Centerspace, 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 Centerspace salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation Limited local transit 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,100 - $3,410+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Centerspace

1. What is the average salary for employees at Centerspace?

The average total compensation for employees at Centerspace is approximately $48 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $42 to $55 per hour, depending on factors like job role, experience, and location.

2. How much does Centerspace pay compared to Chip Holding Co?

The average annual salary at Centerspace is $100,691, or an hourly wage of $48, in comparison to Chip Holding Co which pays $123,601 per year or $59 per hour.

3. What is the lowest salary at Centerspace?

The lowest-paying job at Centerspace is a Manager, Total Rewards with a salary of $60 per hour. 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 Centerspace?

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 Centerspace for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Centerspace offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minot?

While some companies offer formal COLA, many, including potentially Centerspace, 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 Centerspace?

Most companies, likely including Centerspace, 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.