Palace Florists Inc Salary

As of September 2026, the average annual salary for employees at Palace Florists Inc in the United States is $99,731. This translates to an approximate hourly wage of $48. Salaries at Palace Florists Inc typically range from $87,713 to $112,781 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Palace Florists Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Palace Florists Inc. Based on our data, the highest paying job is the President, with an annual salary of $772,008. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Palace Florists Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Palace Florists Inc'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
Med Pharmacy $92,727
-7.0%
Normalized for lower cost-of-living zones where Med Pharmacy primarily operates.
Global Tractor Co $87,749
-12.0%
Global Tractor Co focuses strategically on recruiting and training entry-level apprentices.
Bumper Mfg Co $87,432
-12.3%
Bumper Mfg Co operates with a leaner overhead structure, impacting base wage offers.
Jacobs Pre - Owned $88,413
-11.3%
Typical compensation structure for smaller regional agencies like Jacobs Pre - Owned.
Retail & Wholesale Industry $123,318
+23.6%
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 Palace Florists Inc

Considering a career at Palace Florists Inc? 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.
Work-life balance is respected, and benefits are strong. Good work-life balance for retail. Overall, it’s a rewarding place to build a career. The management team is supportive, and the benefits are better than most retail jobs. Career growth opportunities are available.
The company invests in employee growth with regular training sessions. Typical corporate structure. The company recognizes hard work with small rewards. The work is meaningful, and the team is motivated. Career advancement is possible, and the benefits package is competitive. A progressive retail employer. I’m happy with my decision to work here.
The Retail operations are well-managed, and job security is a plus. The company also hosts fun team-building events, making the workplace enjoyable. The benefits package is solid, and the work atmosphere is friendly. It’s a good option for those seeking long-term employment in the industry.

Palace Florists Inc Overview

Website
www.palaceflorists.com
Founded In
1943
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
4980 Wyaconda Rd Rockville Maryland MD 20852
Revenue
<$5 Million
Phone Number
+1 3019450253
Social Media
About Palace Florists Inc
Palace Florists is a third generation, family owned and operated full service florist that has been exceeding our clients' expectations since 1943. Whether you desire fabulous flowers, gorgeous roses, lush plants or delicious fruit and gourmet baskets, our talented team will create extraordinary designs to convey your message. Our friendly sales staff is dedicated to helping you select the perfect

What Benefits Does Palace Florists Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Palace Florists Inc 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 Rockville?

Understanding the cost of living near Rockville is key to truly evaluating a salary offer or your current compensation at Palace Florists Inc.
Rockville's Cost of Living Index is approximately 132.5 (32.5% more expensive than US average; 17.3% more than MD average). Montgomery County seat, affluent, high housing costs. Ride On bus, Metro Red Line. When planning your budget based on a salary from Palace Florists Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,800+ A significant portion of Palace Florists Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (Ride On pass, Metro extra) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $480 - $850+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,465 - $5,435+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Palace Florists Inc

1. What is the typical salary range (low to high) for most roles at Palace Florists Inc?

The typical annual salary range for most roles at Palace Florists Inc is approximately from $87,713 to $112,781. 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 Palace Florists Inc pay compared to Med Pharmacy?

The average annual salary at Palace Florists Inc is $99,731, or an hourly wage of $48, in comparison to Med Pharmacy which pays $92,727 per year or $45 per hour.

3. How does experience level affect salary at Palace Florists Inc?

Experience level is a significant factor in determining salary at Palace Florists Inc, 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 Palace Florists Inc in Rockville is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Palace Florists Inc?

Several key factors influence salary levels at Palace Florists Inc. 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: Palace Florists Inc likely benchmarks its salaries against other companies in the Retail & Wholesale sector. You can explore how these factors play out in our detailed salary data.