| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| State Adjusting Services | $98,466 |
-2.2%
|
Suggests State Adjusting Services utilizes a highly similar base-plus-benefits compensation model. |
| Schuetz Insurance | $90,818 |
-9.8%
|
Schuetz Insurance likely leverages performance bonuses over the high base salary shown here. |
| Lemon-Mohler Insurance Agency | $83,835 |
-16.7%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Invesco Aim Retirement Services Inc | $93,476 |
-7.1%
|
Normalized for lower cost-of-living zones where Invesco Aim Retirement Services Inc primarily operates. |
| Insurance Industry | $123,858 |
+23.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$98,466 / year
Salary Range: $86,614 - $111,367
Lombard, IL
$90,818 / year
Salary Range: $79,888 - $102,721
Indianapolis, IN
$83,835 / year
Salary Range: $73,748 - $94,820
Ocean Springs, MS
$93,476 / year
Salary Range: $82,224 - $105,721
Dallas, TX
$86,715 / year
Salary Range: $76,286 - $98,076
Lamoure, ND
$101,609 / year
Salary Range: $89,372 - $114,915
Wilmington, DE
$94,278 / year
Salary Range: $82,930 - $106,623
Milford, MI
$97,727 / year
Salary Range: $85,963 - $110,526
Portland, OR
$84,584 / year
Salary Range: $74,399 - $95,661
Thomasville, 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) | $1,700 - $2,600+ | A significant portion of Melvin Walls salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $105 (CTA 30-day pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $640 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,225 - $5,025+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at Melvin Walls is approximately from $88,556 to $113,854. 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 average annual salary at Melvin Walls is $100,670, or an hourly wage of $48, in comparison to State Adjusting Services which pays $98,466 per year or $47 per hour.
Experience level is a significant factor in determining salary at Melvin Walls, 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.
To determine if a salary offer from Melvin Walls in Chicago is fair, first compare the gross salary to our data for similar roles at Melvin Walls and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
An individual's actual salary at Melvin Walls can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.
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