Mill City Loans Salary

Mill City Loans Salary

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As of August 2026, the average annual salary for employees at Mill City Loans in the United States is $94,900. This translates to an approximate hourly wage of $46. Salaries at Mill City Loans typically range from $83,242 to $107,538 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Mill City Loans Pay for Different Roles?

Explore detailed salary information for specific jobs at Mill City Loans. Based on our data, the highest paying job is the Co-Founder, with an annual salary of $734,612. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Mill City Loans

Ready for your next career move? Explore current job openings at Mill City Loans. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Mill City Loans’s Pay Competitive? Salary Benchmarking Analysis

How does Mill City Loans'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
Pacific Home Loans Inc $90,164
-5.0%
Reflects market rates for standard general contracting, differing from specialized roles.
McGinty Road Partners $93,888
-1.1%
Indicates identical technical requirements and experience levels between the two firms.
TKC Wealth Management LLC $87,569
-7.7%
TKC Wealth Management LLC focuses strategically on recruiting and training entry-level apprentices.
BioVentures MedTech Funds $101,197
+6.6%
Reflects a supply-demand imbalance for the specific talent BioVentures MedTech Funds targets.
Financial Services Industry $121,514
+28.0%
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.

How Mill City Loans's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Mill City Loans. Click a company name to learn more.

Employee Reviews: Working at Mill City Loans

Considering a career at Mill City Loans? 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.
Quality matters more than rigid policies. I appreciate the trust and autonomy given. This financial services organization is a leader in both innovation and employee satisfaction. These unsung heroes make daily operations seamless. Secure systems prevent breaches.
Commented in April 05, 2025
30
0
Leaders support employee development through learning programs and mentorship. Hackathons spark creative solutions. The collaborative culture is a significant strength. I’m never unsure about where I stand or what’s expected. Benefits are competitive, but work can feel monotonous. The company fosters a culture of respect, innovation, and accountability. Great company culture that fosters openness ...
Commented in August 24, 2024
28
1
The caliber of talent here is impressive, making collaboration both stimulating and productive. I’ve had a great experience learning new systems and taking on responsibility. Clear career progression paths available here. Doing good while doing well is truly embodied here. Commuter benefits offset transportation costs.
Commented in June 21, 2024
42
1

Mill City Loans Overview

Website
www.millcityloans.com
Founded In
2022
Employees
<25 employees
Industry
Financial Services
Headquarter Address
1600 Utica Ave S Minneapolis Minnesota MN 55416
Revenue
<$5 Million
Phone Number
-
Social Media
About Mill City Loans
Mill City Loans is a company that operates in the Financial Services industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Minneapolis, Minnesota.

What Benefits Does Mill City Loans Offer Beyond Salary?

A competitive compensation package is more than just a salary. Mill City Loans 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Mill City Loans.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Mill City Loans, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Mill City Loans salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Mill City Loans

1. What is the typical salary range (low to high) for most roles at Mill City Loans?

The typical annual salary range for most roles at Mill City Loans is approximately from $83,242 to $107,538. 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 Mill City Loans pay compared to Pacific Home Loans Inc?

The average annual salary at Mill City Loans is $94,900, or an hourly wage of $46, in comparison to Pacific Home Loans Inc which pays $90,164 per year or $43 per hour.

3. How does experience level affect salary at Mill City Loans?

Experience level is a significant factor in determining salary at Mill City Loans, 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 Mill City Loans in Minneapolis is fair given the local cost of living?

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

5. What factors influence salary increases at Mill City Loans?

Salary increases at Mill City Loans are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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