Mefa Salary

As of June 2026, the average annual salary for employees at Mefa in the United States is $90,133. This translates to an approximate hourly wage of $43. Salaries at Mefa typically range from $79,027 to $102,324 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Mefa Pay for Different Roles?

Explore detailed salary information for specific jobs at Mefa. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Mefa.
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About Mefa: Company Profile

Website
www.mefa.org
Founded In
1982
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Location
RICHMOND
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About MEFA
MEFA - the Massachusetts Educational Financing Authority - helps families plan, save, and pay for college and reach financial goals through community education programs, college savings plans, and low-cost college financing options. We are a not-for-profit self-financing state authority and were created in 1982 by the state legislature at the request of Massachusetts colleges and universities. Our

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Mefa's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Quality matters more than rigid policies. Diverse teams and inclusive environment. This balance makes the work incredibly engaging and fulfilling, accelerating my professional development in the financial sector significantly. It's reassuring to work for management that truly walks the talk. Thank-you notes from executives.
Structure is the company’s strong suit. The compensation package is attractive and reflects the industry standards. Strong teamwork and open communication across departments.
Per diems are generous. I felt fully integrated within weeks, not months. We have a strong client-first mentality. Hiring standards are high but fair. Competitors respect our work. Management maintains order but lacks personal engagement. It’s a reliable place but can suit fast-paced professionals.
With employees, everyone is aligned in delivering exceptional service. Sustainable business practices are operationalized. Training programs are provided but can be generic and infrequent.

Is Mefa’s Pay Competitive? Salary Benchmarking Analysis

How does Mefa'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
MOLYMET $91,009
+1.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
MILLENIUM FINANCIAL SERVICES $98,956
+9.8%
Data suggests MILLENIUM FINANCIAL SERVICES's workforce skews heavily towards veteran, high-tenure roles.
GRANBURYFLORIST $87,269
-3.2%
GRANBURYFLORIST focuses strategically on recruiting and training entry-level apprentices.
CREST FINANCIAL $85,330
-5.3%
Reflects market rates for standard general contracting, differing from specialized roles.
Financial Services Industry $121,514
+34.8%
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.

What Is the Cost of Living Near Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Mefa.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Mefa, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Mefa salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Mefa

FAQ 1: What is the typical salary range (low to high) for most roles at Mefa?
The typical annual salary range for most roles at Mefa is approximately from $79,027 to $102,324. 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.
FAQ 2: How much does Mefa pay compared to MOLYMET?
The average annual salary at Mefa is $90,133, or an hourly wage of $43, in comparison to MOLYMET which pays $91,008 per year or $44 per hour.
FAQ 3: How does experience level affect salary at Mefa?
Experience level is a significant factor in determining salary at Mefa, 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.
FAQ 4: How can I determine if a salary offer from Mefa in Houston is fair given the local cost of living?
To determine if a salary offer from Mefa in Houston is fair, first compare the gross salary to our data for similar roles at Mefa and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Houston" to understand its purchasing power.
FAQ 5: What are the key factors that influence salary levels at Mefa?
Several key factors influence salary levels at Mefa. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Mefa likely benchmarks its salaries against other companies in the Financial Services sector. You can explore how these factors play out in our detailed salary data.