| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Commonwealth Economics LLC | $82,232 |
-17.7%
|
Typical compensation structure for smaller regional agencies like Commonwealth Economics LLC. |
| BDA Consulting and Solutions LLC | $85,618 |
-14.3%
|
Normalized for lower cost-of-living zones where BDA Consulting and Solutions LLC primarily operates. |
| Foundations IT | $85,576 |
-14.3%
|
Foundations IT focuses strategically on recruiting and training entry-level apprentices. |
| Great Ball of Light Inc | $89,806 |
-10.1%
|
Great Ball of Light Inc likely leverages performance bonuses over the high base salary shown here. |
| Business Services Industry | $120,931 |
+21.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$82,232 / year
Salary Range: $72,273 - $93,039
Lexington, KY
$85,618 / year
Salary Range: $75,251 - $96,868
Miami, FL
$85,576 / year
Salary Range: $75,214 - $96,820
Dallas, GA
$89,806 / year
Salary Range: $78,925 - $101,600
Barrington, IL
$82,116 / year
Salary Range: $72,172 - $92,905
Knoxville, TN
$93,867 / year
Salary Range: $82,499 - $106,197
Northbrook, IL
$90,438 / year
Salary Range: $79,484 - $102,319
Ellicott City, MD
$90,649 / year
Salary Range: $79,668 - $102,551
Arvada, CO
$111,946 / year
Salary Range: $98,389 - $126,646
San Francisco, CA
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) | $1,500 - $2,200+ | A significant portion of Innovative Partners Incubation salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $240 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | NJ Transit bus/rail (varies) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $440 - $660 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $380 - $700+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $740+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,860 - $4,540+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Innovative Partners Incubation pays its employees an average of $99,911 per year. The average salary at Innovative Partners Incubation range from $87,814 to $113,037 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 Innovative Partners Incubation is higher than the similar company. The average annual salary at Innovative Partners Incubation is $99,911, or an hourly wage of $48, in comparison to Commonwealth Economics LLC which pays $82,232 per year or $40 per hour.
In many roles at Innovative Partners Incubation, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Elizabeth's Cost of Living Index is approximately 110.5 (10.5% more expensive than US average; 3.2% less than NJ average). This significantly impacts the purchasing power of a salary from Innovative Partners Incubation based there. Our "Cost of Living Insights for Elizabeth" module details this impact, helping you assess the 'real feel' value of your compensation.
Innovative Partners Incubation generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Innovative Partners Incubation" section on this page.
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