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Colorful Silks Salary

Colorful Silks Salary

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As of October 2026, the average hourly salary for employees at Colorful Silks in the United States is $47. This translates to an approximate annual wage of $97,611. Salaries at Colorful Silks typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Is Colorful Silks’s Pay Competitive? Salary Benchmarking Analysis

How does Colorful Silks'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
Fresno Coin Gallery $45
-4.0%
Fresno Coin Gallery operates with a leaner overhead structure, impacting base wage offers.
Coral Group International Corp $45
-4.0%
Reflects market rates for standard general contracting, differing from specialized roles.
Bill Russell Ford Lincoln $37
-20.3%
Normalized for lower cost-of-living zones where Bill Russell Ford Lincoln primarily operates.
Archive Textiles LLC $50
+7.4%
Driven by niche technical certifications required for Archive Textiles LLC's specialized projects.
Retail & Wholesale Industry $60
+26.3%
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 Colorful Silks and Their Hourly Pay Rates

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

Employee Reviews: Working at Colorful Silks

Considering a career at Colorful Silks? 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.
The work environment is collaborative, making it easy to thrive. I’ve had a very positive experience working here. The company recognizes hard work with small rewards. Felt welcomed immediately.
Commented in May 12, 2025
27
0
Benefits like health insurance and flexible scheduling add value. Great place to work with a strong team spirit. The retail industry can be fast-paced, but the leadership team ensures workloads are manageable. The leadership team is transparent, and career growth is encouraged. The workplace culture is inclusive, and diversity is celebrated. The management team is responsive and genuinely listens ...
Commented in June 13, 2024
11
2
A fantastic place to work with a focus on employee satisfaction. The retail team works well together, and there’s a strong emphasis on customer service. I’ve been promoted twice since joining, showing the company’s commitment to growth.
Commented in January 10, 2024
48
2

Colorful Silks Overview

Website
www.colorfulsilks.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
3410 W 220th St Jordan Minnesota MN 55352
Revenue
$5 Million - $10 Million
Phone Number
+1 6126446298
Social Media
About Colorful Silks
Colorful Silks makes no warranties or representations as to this sites accuracy. Colorful Silks assumes no liability or responsibility for any errors or omissions in the content on the Site. Your use and browsing of the Site is at your risk. Neither Colorful Silks nor any other party involved in creating, producing, or delivering the Site is liable for any direct, incidental, indirect, consequenti

What Benefits Does Colorful Silks Offer Beyond Salary?

A competitive compensation package is more than just a salary. Colorful Silks 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 Colorful Silks?
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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 Colorful Silks.
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 Colorful Silks, 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 Colorful Silks 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 Colorful Silks

1. What is the estimated average total compensation at Colorful Silks?

Salary.com estimates that the average total compensation package at Colorful Silks, which can include base salary, potential bonuses, and benefits, is around $47 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Colorful Silks pay compared to Fresno Coin Gallery?

The average annual salary at Colorful Silks is $97,611, or an hourly wage of $47, in comparison to Fresno Coin Gallery which pays $93,719 per year or $45 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Colorful Silks?

Salary progression from an entry-level to a senior role at Colorful Silks 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.

4. How can I determine if a salary offer from Colorful Silks in Minneapolis is fair given the local cost of living?

To determine if a salary offer from Colorful Silks in Minneapolis is fair, first compare the gross salary to our data for similar roles at Colorful Silks 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. Are promotions at Colorful Silks usually accompanied by a significant salary increase?

Yes, promotions at Colorful Silks 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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