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The Lacon Economic Development Committee Salary

The Lacon Economic Development Committee Salary

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As of August 2026, the average hourly salary for employees at The Lacon Economic Development Committee in the United States is $41. This translates to an approximate annual wage of $84,848. Salaries at The Lacon Economic Development Committee typically range from $36 to $47 hourly, reflecting the diverse roles and experience levels within the company.
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Is The Lacon Economic Development Committee’s Pay Competitive? Salary Benchmarking Analysis

How does The Lacon Economic Development Committee'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
The US Economic Development Administration $45
+9.6%
Supported by The US Economic Development Administration's high-margin contracts allowing higher overhead.
Van Buren County Schools $37
-8.1%
Typical compensation structure for smaller regional agencies like Van Buren County Schools.
The Peter and Elizabeth C Tower Foundation $40
-1.2%
Confirms The Peter and Elizabeth C Tower Foundation is a direct competitor vying for the exact same talent pool.
Freetown Regional Food Pantry $44
+8.6%
Reflects structural premiums typical of Freetown Regional Food Pantry's large-cap national operations.
Edu., Gov't. & Nonprofit Industry $56
+35.9%
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 The Lacon Economic Development Committee and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at The Lacon Economic Development Committee. Click a company name to learn more.

Employee Reviews: Working at The Lacon Economic Development Committee

Considering a career at The Lacon Economic Development Committee? 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.
Purpose-driven mission motivates daily work. The support systems in place make a huge difference. The job is structured, which helps keep tasks manageable. Policies are followed closely, which provides consistency but can limit flexibility. The team’s professionalism and compassion are equally strong.
Commented in March 21, 2025
39
3
The leadership team models integrity, and coworkers are cooperative and engaged. Great for those who value stability more than rapid innovation. Supportive leadership and a strong focus on community impact. The organization is steady and mission-driven, though not particularly dynamic. I appreciate how open leadership is to new ideas. Teamwork and mission focus are evident in everything they do. G...
Commented in June 07, 2024
14
0
Effective leadership training. There’s a real sense of pride in what we do, which keeps morale consistently high. Everyone works together toward shared goals, and there’s genuine pride in the mission.
Commented in March 31, 2024
31
0

The Lacon Economic Development Committee Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
406 5 Th St Lacon Illinois IL 61540
Revenue
<$5 Million
Phone Number
+1 3092466111
Social Media
About The Lacon Economic Development Committee
The Lacon Economic Development Committee is a company that operates in the Nonprofit Organizations industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Lacon, Illinois.

What Benefits Does The Lacon Economic Development Committee Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Lacon Economic Development Committee 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 Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at The Lacon Economic Development Committee.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from The Lacon Economic Development Committee, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of The Lacon Economic Development Committee salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Lacon Economic Development Committee

1. What is the estimated average total compensation at The Lacon Economic Development Committee?

Salary.com estimates that the average total compensation package at The Lacon Economic Development Committee, which can include base salary, potential bonuses, and benefits, is around $41 per hour . Total compensation provides a more holistic view of an employee's earnings.

2. How much does The Lacon Economic Development Committee pay compared to The US Economic Development Administration?

The average annual salary at The Lacon Economic Development Committee is $84,848, or an hourly wage of $41, in comparison to The US Economic Development Administration which pays $93,012 per year or $45 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at The Lacon Economic Development Committee?

Salary progression from an entry-level to a senior role at The Lacon Economic Development Committee can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from The Lacon Economic Development Committee in Aurora is fair given the local cost of living?

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

5. Are promotions at The Lacon Economic Development Committee usually accompanied by a significant salary increase?

Yes, promotions at The Lacon Economic Development Committee are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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