Lofts 640 Salary

As of August 2026, the average annual salary for employees at Lofts 640 in the United States is $94,869. This translates to an approximate hourly wage of $46. Salaries at Lofts 640 typically range from $83,379 to $107,331 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lofts 640 Pay for Different Roles?

Explore detailed salary information for specific jobs at Lofts 640. Based on our data, the highest paying job is the Property Assistant & Manager, with an annual salary of $68,437. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Lofts 640’s Pay Competitive? Salary Benchmarking Analysis

How does Lofts 640'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
Malcolm's Haircutters $84,711
-10.7%
Malcolm's Haircutters operates with a leaner overhead structure, impacting base wage offers.
Sra A+e $106,282
+12.0%
Driven by niche technical certifications required for Sra A+e's specialized projects.
Certified Healthcare Billing $98,771
+4.1%
Data suggests Certified Healthcare Billing's workforce skews heavily towards veteran, high-tenure roles.
Demott & Smith PC $86,040
-9.3%
Reflects market rates for standard general contracting, differing from specialized roles.
Business Services Industry $120,931
+27.5%
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 Lofts 640

Considering a career at Lofts 640? 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.
I’ve grown professionally while enjoying the support of a reliable and motivated team. The company invests in technology and employee wellbeing. The management team is responsive and genuinely listens to concerns. The company events are always fun and well-organized.
I feel appreciated and recognized regularly for my contributions. Everyone is approachable, and there’s a strong sense of collaboration on every project. Still, the team is respectful, and the expectations are clearly communicated.
My first week included a comprehensive orientation, assigned mentor, and gradual ramp-up of responsibilities. There’s minimal encouragement to go beyond the role's scope, and though the environment is supportive, it can feel stagnant. Communication is polite and professional but sometimes lacks transparency. The sense of community here is outstanding. I’m so grateful for the generous paid time off...

Lofts 640 Overview

Website
www.lofts640.com
Founded In
2006
Employees
<25 employees
Industry
Business Services
Headquarter Address
640 N Broad St Philadelphia Pennsylvania PA 19130
Revenue
<$5 Million
Phone Number
+1 2152324150
Social Media
About Lofts 640
Lofts 640 is centrally located to Philadelphia shoppes, restaurants, hospitals and the thriving community of Fairmount. Minutes from Reading Terminal Market and the Pennsylvania Convention Center, Lofts 640 combines commuter convenience of center city living with spectacular urban spaciousness of true loft living.

What Benefits Does Lofts 640 Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lofts 640 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Lofts 640.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Lofts 640, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Lofts 640 salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lofts 640

1. What is the typical salary range (low to high) for most roles at Lofts 640?

The typical annual salary range for most roles at Lofts 640 is approximately from $83,379 to $107,331. 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 Lofts 640 pay compared to Malcolm's Haircutters?

The average annual salary at Lofts 640 is $94,869, or an hourly wage of $46, in comparison to Malcolm's Haircutters which pays $84,711 per year or $41 per hour.

3. How does experience level affect salary at Lofts 640?

Experience level is a significant factor in determining salary at Lofts 640, 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.

4. How can I determine if a salary offer from Lofts 640 in Philadelphia is fair given the local cost of living?

To determine if a salary offer from Lofts 640 in Philadelphia is fair, first compare the gross salary to our data for similar roles at Lofts 640 and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Philadelphia" to understand its purchasing power.

5. Are the salaries listed for Lofts 640 on Salary.com pre-tax or after-tax?

All salary figures displayed for Lofts 640, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.