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Ira Lexus of Danvers Salary

Ira Lexus of Danvers Salary

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As of October 2026, the average annual salary for employees at Ira Lexus of Danvers in the United States is $98,582. This translates to an approximate hourly wage of $47. Salaries at Ira Lexus of Danvers typically range from $86,696 to $111,501 annually, reflecting the diverse roles and experience levels within the company.
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Is Ira Lexus of Danvers’s Pay Competitive? Salary Benchmarking Analysis

How does Ira Lexus of Danvers'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
Hall Honda Virginia Beach $94,415
-4.2%
Reflects market rates for standard general contracting, differing from specialized roles.
Karl Knauz Motors Inc $97,105
-1.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Power Electronics Products LLC $93,149
-5.5%
Normalized for lower cost-of-living zones where Power Electronics Products LLC primarily operates.
KO Automotive Group $103,349
+4.8%
Reflects structural premiums typical of KO Automotive Group's large-cap national operations.
Retail & Wholesale Industry $123,318
+25.1%
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.

How Ira Lexus of Danvers's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Ira Lexus of Danvers

Considering a career at Ira Lexus of Danvers? 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 job is stable, and the company maintains a good reputation in the industry. I’ve built strong relationships with my colleagues, and management is always open to new ideas. There’s room for improvement in career advancement opportunities, but overall, it’s a decent place to work if you value stability. A reliable employer with a fair approach to staffing.
Commented in April 12, 2025
49
0
The retail discounts are a great perk, and leadership is open to feedback. The company also offers solid benefits. Enjoy working here. I’d recommend this employer to anyone seeking long-term career growth. The company also organizes wellness programs, which show they care about employee well-being. The wholesale operations run smoothly, making daily tasks efficient.
Commented in May 09, 2024
25
1
The managers are approachable and provide constructive feedback. Overall, a positive and fulfilling workplace. The company also invests in employee development, offering workshops and certifications.
Commented in February 15, 2024
15
0

Ira Lexus of Danvers Overview

Website
www.iralexus.com
Founded In
1989
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
101 Andover St Danvers Massachusetts MA 01923
Revenue
$10 Million - $50 Million
Phone Number
+1 9787398700
Social Media
About Ira Lexus of Danvers
Ira Lexus of Danvers is your Lexus dealer offering new, used, and certified pre-owned Lexus luxury cars in the North Andover, Peabody & Danvers, Massachusetts area.

What Benefits Does Ira Lexus of Danvers Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ira Lexus of Danvers 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 Boston?

Understanding the cost of living near Boston is key to truly evaluating a salary offer or your current compensation at Ira Lexus of Danvers.
Boston's Cost of Living Index is approximately 153.2 (53.2% more expensive than US average; 15.5% more than MA average). Major historic US city, world-class universities/hospitals, extremely high housing costs, extensive MBTA transit. When planning your budget based on a salary from Ira Lexus of Danvers, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Ira Lexus of Danvers salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA LinkPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,270 - $6,690+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Ira Lexus of Danvers

1. What is the typical salary range (low to high) for most roles at Ira Lexus of Danvers?

The typical annual salary range for most roles at Ira Lexus of Danvers is approximately from $86,696 to $111,501. 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 Ira Lexus of Danvers pay compared to Hall Honda Virginia Beach?

The average annual salary at Ira Lexus of Danvers is $98,582, or an hourly wage of $47, in comparison to Hall Honda Virginia Beach which pays $94,415 per year or $45 per hour.

3. Do salaries differ significantly between departments at Ira Lexus of Danvers?

Yes, salaries often differ between departments at Ira Lexus of Danvers 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 Ira Lexus of Danvers?

Experience level is a significant factor in determining salary at Ira Lexus of Danvers, 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 Ira Lexus of Danvers in Boston is fair given the local cost of living?

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

6. What factors influence salary increases at Ira Lexus of Danvers?

Salary increases at Ira Lexus of Danvers 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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