Franklin Regional Economic Development Salary

As of August 2026, the average hourly salary for employees at Franklin Regional Economic Development in the United States is $40. This translates to an approximate annual wage of $84,099. Salaries at Franklin Regional Economic Development typically range from $35 to $46 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Franklin Regional Economic Development

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Is Franklin Regional Economic Development’s Pay Competitive? Salary Benchmarking Analysis

How does Franklin Regional Economic Development'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
Elm City Center $40
-0.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Norwegian Fjord Association of America $43
+7.3%
Data suggests Norwegian Fjord Association of America's workforce skews heavily towards veteran, high-tenure roles.
DeSoto Economic Council $40
-2.1%
Indicates identical technical requirements and experience levels between the two firms.
State of Minnesota Brainerd Regional Human Services Center $41
+0.6%
Suggests State of Minnesota Brainerd Regional Human Services Center utilizes a highly similar base-plus-benefits compensation model.
Edu., Gov't. & Nonprofit Industry $56
+37.1%
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.

Employee Reviews: Working at Franklin Regional Economic Development

Considering a career at Franklin Regional Economic Development? 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 onboarding process was smooth, and I felt welcomed from day one. Strong focus on community service. Working in this organization has been a fulfilling experience. They care deeply about their impact and consistently demonstrate high standards in education and governance services.
This organization fosters a welcoming, growth-oriented environment where employees feel empowered and proud to contribute. Reliable employment, but innovation is often stifled by red tape. Strong commitment to employee development through continuous training programs. Still, their intentions and professionalism are appreciated. The organization offers opportunities to learn and grow, and leadershi...
The impactful public service mission adds meaning to daily tasks, inspiring employees to deliver their best. The workload is manageable, and the benefits are solid, especially for long-term employees. While the benefits are strong, especially healthcare and pensions, compensation is average. The mission drives the team’s energy. Employees feel supported in delivering impactful public service with ...
Improved our recruitment outcomes significantly. Wellness programs and flexible work schedules promote work-life balance, while meaningful public service projects engage and inspire staff daily. Working here feels purposeful. What I appreciate most is how the organization balances innovation with tradition, always putting student success first.

Franklin Regional Economic Development Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
614 W Main St West Frankfort Illinois IL 62896
Revenue
<$5 Million
Phone Number
+1 6189322121
Social Media
About Franklin Regional Economic Development
Franklin Regional Economic Development is a company that operates in the Nonprofit Organizations industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in West Frankfort, Illinois.

What Benefits Does Franklin Regional Economic Development Offer Beyond Salary?

A competitive compensation package is more than just a salary. Franklin Regional Economic Development 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Franklin Regional Economic Development.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Franklin Regional Economic Development, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Franklin Regional Economic Development salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Franklin Regional Economic Development

1. How much does Franklin Regional Economic Development in the United States pay?

Franklin Regional Economic Development pays its employees an average of $40 per hour. The average salary at Franklin Regional Economic Development range from $35 to $46 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. Do Franklin Regional Economic Development employees get a higher salary than its peer company?

The salary at Franklin Regional Economic Development is higher than its peer company. The average annual salary at Franklin Regional Economic Development is $84,099, or an hourly wage of $40, in comparison to Elm City Center which pays $83,361 per year or $40 per hour.

3. How much does salary increase with years of experience at Franklin Regional Economic Development?

Salary progression with years of experience at Franklin Regional Economic Development is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Franklin Regional Economic Development vary by office location?

Yes, it's very likely that salaries at Franklin Regional Economic Development vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Chicago section provides more context.

5. Does Franklin Regional Economic Development offer good benefits?

Franklin Regional Economic Development typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Franklin Regional Economic Development" section on this page.