Drake Construction Inc Salary

Drake Construction Inc Salary

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As of August 2026, the average hourly salary for employees at Drake Construction Inc in the United States is $48. This translates to an approximate annual wage of $100,797. Salaries at Drake Construction Inc typically range from $43 to $55 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Drake Construction Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Drake Construction Inc. Based on our data, the highest paying job is the President, with an hourly wage of $375. The table below outlines the hourly wage ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Drake Construction Inc

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

Is Drake Construction Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Drake Construction Inc'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
THG Construction Services $43
-11.6%
THG Construction Services operates with a leaner overhead structure, impacting base wage offers.
Md Woodys Construction Company a K a Pine Acres Inc $47
-3.2%
Md Woodys Construction Company a K a Pine Acres Inc may offer non-monetary perks in lieu of competitive base salaries.
StarCom Builders Inc $45
-6.7%
StarCom Builders Inc focuses strategically on recruiting and training entry-level apprentices.
Christopher Alan Homes $41
-16.4%
Christopher Alan Homes likely leverages performance bonuses over the high base salary shown here.
Construction Industry $58
+18.9%
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 Drake Construction Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Drake Construction Inc

Considering a career at Drake Construction Inc? 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.
Leadership supports us in finding solutions rather than assigning blame. Great place for someone who wants to earn their way up. You know what to expect working here: predictable routines, clear instructions, and stable work. Safety protocols are rigorous, and management listens to employee feedback.
Commented in May 22, 2025
15
3
The training provided for new tasks or procedures is always thorough and ensures we understand how to perform our jobs safely and correctly. They encourage us to gain new certifications and stay updated in our trade. While consistent, it offers fewer opportunities for creative input. This connection to the end result of our construction efforts reinforces the importance of quality and professional...
Commented in December 07, 2024
49
0
Job sites are clean and run professionally. Field management checks in often, and the safety team is proactive. The safety protocols are stringent, ensuring everyone returns home safely each day. Training programs exist but focus primarily on compliance and standard operating procedures. The company offers reliable employment with clear job descriptions.
Commented in July 01, 2024
18
1
Competitive benefits package and fair compensation. The company culture encourages learning and growth, providing numerous resources for skill advancement. Employees perform well-defined roles with limited cross-team interaction. Job security is good, and expectations are clear.
Commented in June 25, 2024
36
3
This unity is crucial for successfully navigating complex construction challenges and contributes to a more harmonious and effective workplace where everyone is pulling together towards a common goal. Knowing the company's plans makes us feel more connected and invested. It depends a lot on your foreman and team structure.
Commented in March 03, 2024
45
3

Drake Construction Inc Overview

Website
www.drakeconstruction.net
Founded In
2001
Employees
25 - 50 employees
Industry
Construction
Headquarter Address
116 2nd Ave Kotzebue Alaska AK 99752
Revenue
$10 Million - $50 Million
Phone Number
+1 9074423512
Social Media
About Drake Construction Inc
Drake Construction, Inc. is a general contracting firm with over 40 years experience in all phases of construction including civil, underground utility, commercial building, pile foundations, barging, & demolition. In 1968, Wayne Drake founded Wayne Drake General Contractor in North Bend, OR. The company started as a general contracting firm specializing in custom home building, and concrete work.

What Benefits Does Drake Construction Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake Construction Inc 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 Anchorage?

Understanding the cost of living near Anchorage is key to truly evaluating a salary offer or your current compensation at Drake Construction Inc.
Anchorage's Cost of Living Index is approximately 117.6 (17.6% more expensive than US average; 7.1% less than AK average). Primary drivers are significantly more expensive groceries, utilities, and housing. When planning your budget based on a salary from Drake Construction Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Drake Construction Inc salary. Location choices impact this heavily.
Utilities (Basic) $200 - $350 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 - $80 (People Mover Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $550 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,910 - $4,680+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake Construction Inc

1. What is the typical salary range (low to high) for most roles at Drake Construction Inc?

The typical salary range for most roles at Drake Construction Inc is approximately from $43 to $55 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 Drake Construction Inc pay compared to THG Construction Services?

The average annual salary at Drake Construction Inc is $100,797, or an hourly wage of $48, in comparison to THG Construction Services which pays $89,088 per year or $43 per hour.

3. Do salaries differ significantly between departments at Drake Construction Inc?

Yes, salaries often differ between departments at Drake Construction Inc 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.

4. How does experience level affect salary at Drake Construction Inc?

Experience level is a significant factor in determining salary at Drake Construction Inc, 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.

5. How can I determine if a salary offer from Drake Construction Inc in Anchorage is fair given the local cost of living?

To determine if a salary offer from Drake Construction Inc in Anchorage is fair, first compare the gross salary to our data for similar roles at Drake Construction Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Anchorage" to understand its purchasing power.

6. What factors influence salary increases at Drake Construction Inc?

Salary increases at Drake Construction Inc 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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