Enterprise Bancorp Inc Salary

Enterprise Bancorp Inc Salary

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As of August 2026, the average hourly salary for employees at Enterprise Bancorp Inc in the United States is $55. This translates to an approximate annual wage of $115,437. Salaries at Enterprise Bancorp Inc typically range from $49 to $63 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Enterprise Bancorp Inc

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Is Enterprise Bancorp Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Enterprise Bancorp 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
1st Security Bank of Washington $56
+1.5%
Indicates identical technical requirements and experience levels between the two firms.
Bank Mutual $51
-7.5%
Bank Mutual likely leverages performance bonuses over the high base salary shown here.
University Place Holdings Inc $48
-13.8%
University Place Holdings Inc focuses strategically on recruiting and training entry-level apprentices.
HarborOne Credit Union $56
+0.2%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Financial Services Industry $59
+5.3%
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 Enterprise Bancorp Inc and Their Hourly Pay Rates

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

Employee Reviews: Working at Enterprise Bancorp Inc

Considering a career at Enterprise Bancorp 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.
Managers are responsive and respectful. Open-door policies promote honest communication. Management consistently checks in on team morale and actively seeks feedback for improvement. It’s rare to find a company that combines professional rigor with such a supportive environment.
Commented in May 26, 2025
32
3
Collaborative culture with strong emphasis on professional development. The collaborative atmosphere makes it easy to work across teams, and the focus on client satisfaction is unmatched. Professionalism and integrity are deeply valued. The company is known for solid benefits and work-life balance, but promotion paths are not well defined. Overall, it’s a stable workplace that prioritizes routine ...
Commented in March 13, 2025
10
2
Board leadership inspires confidence. There’s a healthy mix of structure and flexibility. The firm offers good job security and structured roles but limited flexibility. Leadership encourages creative problem-solving and regularly implements employee suggestions for process improvements. This financial services company offers one of the most attractive compensation packages in the industry.
Commented in November 06, 2024
35
3
This positive approach reduces stress during tough situations. Deadlines are manageable, and performance metrics are realistic. Coworkers are driven and respectful, and leadership consistently promotes internal growth. Our team functions with mutual respect and shared goals. Leadership listens and responds quickly.
Commented in March 17, 2024
50
1

Enterprise Bancorp Inc Overview

Website
www.enterprisebanking.com
Founded In
1988
Employees
500 - 1,000 employees
Industry
Financial Services
Headquarter Address
222 Merrimack St Lowell Massachusetts MA 01852
Revenue
$50 Million - $200 Million
Phone Number
+1 9784599000
Social Media
About Enterprise Bancorp Inc
Enterprise Bancorp, Inc. operates as the holding company for Enterprise Bank and Trust Company that provides various banking products and services primarily in the greater Merrimack Valley and North Central regions of Massachusetts and Southern New Hampshire. The company offers commercial checking, business and municipal savings accounts, term certificates of deposit, money market and business swe

What Benefits Does Enterprise Bancorp Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Enterprise Bancorp 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 Lowell?

Understanding the cost of living near Lowell is key to truly evaluating a salary offer or your current compensation at Enterprise Bancorp Inc.
Lowell's Cost of Living Index is approximately 115.8 (15.8% more expensive than US average; 12.7% less than MA average). Merrimack Valley city, historic mills, housing more affordable than Boston. LRTA bus, Commuter Rail. When planning your budget based on a salary from Enterprise Bancorp Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,300+ A significant portion of Enterprise Bancorp Inc salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (LRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,070 - $4,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Enterprise Bancorp Inc

1. What is the average salary for employees at Enterprise Bancorp Inc?

The average total compensation for employees at Enterprise Bancorp Inc is approximately $55 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $49 to $63 per hour, depending on factors like job role, experience, and location.

2. How much does Enterprise Bancorp Inc pay compared to 1st Security Bank of Washington?

The average annual salary at Enterprise Bancorp Inc is $115,437, or an hourly wage of $55, in comparison to 1st Security Bank of Washington which pays $117,178 per year or $56 per hour.

3. What is the lowest salary at Enterprise Bancorp Inc?

The lowest-paying job at Enterprise Bancorp Inc is a Secretary with a salary of $120 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 Enterprise Bancorp Inc?

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

5. Does Enterprise Bancorp Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Lowell?

While some companies offer formal COLA, many, including potentially Enterprise Bancorp Inc, 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 Enterprise Bancorp Inc?

Most companies, likely including Enterprise Bancorp Inc, 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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