| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Long Island City Partnership | $103,803 |
+29.9%
|
Reflects a supply-demand imbalance for the specific talent Long Island City Partnership targets. |
| Alliance Publishing Group | $82,833 |
+3.6%
|
Data suggests Alliance Publishing Group's workforce skews heavily towards veteran, high-tenure roles. |
| The Digital Arts Experience | $98,297 |
+23.0%
|
Driven by niche technical certifications required for The Digital Arts Experience's specialized projects. |
| Broome County Government | $82,348 |
+3.0%
|
Supported by Broome County Government's high-margin contracts allowing higher overhead. |
| Edu., Gov't. & Nonprofit Industry | $115,341 |
+44.3%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$103,803 / year
Salary Range: $90,765 - $118,769
Long Island City, NY
$82,833 / year
Salary Range: $72,429 - $94,771
Birmingham, AL
$98,297 / year
Salary Range: $85,954 - $112,464
Scarsdale, NY
$82,348 / year
Salary Range: $72,007 - $94,222
Binghamton, NY
$97,042 / year
Salary Range: $84,854 - $111,038
Dumfries, VA
$110,501 / year
Salary Range: $96,593 - $126,500
New York City, NY
$102,621 / year
Salary Range: $89,693 - $117,476
San Pedro, CA
$84,743 / year
Salary Range: $74,069 - $97,015
Brunswick, GA
$89,605 / year
Salary Range: $78,321 - $102,575
Cumming, GA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $850 - $1,350+ | A significant portion of IBEW Local 505 salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $260 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 - $50 (The Wave Transit) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $350 - $550 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $600+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $300 - $600+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,990 - $3,410+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
IBEW Local 505 pays its employees an average of $79,922 per year. The average salary at IBEW Local 505 range from $69,881 to $91,442 per year. 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.
The salary at IBEW Local 505 is lesser than its peer company. The average annual salary at IBEW Local 505 is $79,922, or an hourly wage of $38, in comparison to Long Island City Partnership which pays $103,803 per year or $50 per hour.
The higher-paying job at IBEW Local 505, according to our data, include President (avg. $618,668 per year), Electrician (avg. $50,648 per year), and Union Electrician (avg. $41,188 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
Salary progression with years of experience at IBEW Local 505 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.
Yes, it's very likely that salaries at IBEW Local 505 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 Mobile section provides more context.
IBEW Local 505 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 IBEW Local 505" section on this page.
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