Magellan Development Group LLC Salary

As of August 2026, the average hourly salary for employees at Magellan Development Group LLC in the United States is $49. This translates to an approximate annual wage of $102,579. Salaries at Magellan Development Group LLC typically range from $43 to $56 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magellan Development Group LLC

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Is Magellan Development Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Magellan Development Group LLC'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
CAM Properties $46
-7.3%
Normalized for lower cost-of-living zones where CAM Properties primarily operates.
Xcellence Realty Inc $46
-7.4%
Typical compensation structure for smaller regional agencies like Xcellence Realty Inc.
Coldwell Banker West $51
+3.5%
Influenced by prevailing union wage agreements specific to Coldwell Banker West's sector.
Jemison Realty Co $45
-9.6%
Jemison Realty Co focuses strategically on recruiting and training entry-level apprentices.
Business Services Industry $59
+17.9%
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.

Employee Reviews: Working at Magellan Development Group LLC

Considering a career at Magellan Development Group LLC? 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.
Opportunities to work with top-tier clients and projects. I felt like part of the team from day one. I’ve had a rewarding experience at this company. There’s room to grow.
It’s reassuring to know that my family will be taken care of in any eventuality. Collaboration across departments happens, though inconsistently. Leadership communicates well and invests in employee success. Open communication, flexible hours, and team support make this an ideal place to work. While management is generally supportive, career advancement. Base salaries are competitive, and the bonu...
My opinions matter here. There’s a clear process for knowledge transfer and a supportive attitude from everyone involved. Open-door policy fosters communication. The culture here is one of integrity, professionalism, and collaboration. We’re always encouraged to think outside the box and bring new ideas to the table.

Magellan Development Group LLC Overview

Website
www.magellandevelopment.com
Founded In
1996
Employees
100 - 200 employees
Industry
Business Services
Headquarter Address
225 N Columbus Dr Chicago Illinois IL 60601
Revenue
$10 Million - $50 Million
Phone Number
+1 3124698100
Social Media
About Magellan Development Group LLC
Magellan Development Group develops premier, environmentally-sensitive urban communities, combining modern architectural design with high-quality construction.

What Benefits Does Magellan Development Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magellan Development Group LLC 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 Magellan Development Group LLC.
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 Magellan Development Group LLC, 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 Magellan Development Group LLC 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 Magellan Development Group LLC

1. How much does Magellan Development Group LLC in the United States pay?

Magellan Development Group LLC pays its employees an average of $49 per hour. The average salary at Magellan Development Group LLC range from $43 to $56 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 Magellan Development Group LLC employees get a higher salary than its peer company?

The salary at Magellan Development Group LLC is higher than its peer company. The average annual salary at Magellan Development Group LLC is $102,579, or an hourly wage of $49, in comparison to CAM Properties which pays $95,059 per year or $46 per hour.

3. What are the highest paying jobs at Magellan Development Group LLC?

The higher-paying job at Magellan Development Group LLC, according to our data, include General Counsel (avg. $174 per hour), Vice President, Research& Development (avg. $153 per hour), and Vice President, Operations (avg. $145 per hour). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Magellan Development Group LLC?

Salary progression with years of experience at Magellan Development Group LLC 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.

5. Do salaries at Magellan Development Group LLC vary by office location?

Yes, it's very likely that salaries at Magellan Development Group LLC 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.

6. Does Magellan Development Group LLC offer good benefits?

Magellan Development Group LLC 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 Magellan Development Group LLC" section on this page.