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Param Apartments Salary

Param Apartments Salary

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As of September 2026, the average annual salary for employees at Param Apartments in the United States is $93,529. This translates to an approximate hourly wage of $45. Salaries at Param Apartments typically range from $82,197 to $105,806 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Param Apartments Pay for Different Roles?

Explore detailed salary information for specific jobs at Param Apartments. Based on our data, the highest paying job is the Office Manager, with an annual salary of $72,548. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Param Apartments’s Pay Competitive? Salary Benchmarking Analysis

How does Param Apartments'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
Coco B Productions $98,887
+5.7%
Adjusted for higher cost-of-living indices in Coco B Productions's primary metro hubs.
Stratum Foundation Repair $89,162
-4.7%
Reflects market rates for standard general contracting, differing from specialized roles.
Nestwell Property Management $83,593
-10.6%
Typical compensation structure for smaller regional agencies like Nestwell Property Management.
Landis Co $96,704
+3.4%
Driven by niche technical certifications required for Landis Co's specialized projects.
Business Services Industry $120,931
+29.3%
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 Param Apartments's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Param Apartments

Considering a career at Param Apartments? 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 experienced significant professional growth here. If an idea doesn't pan out, we analyze what went wrong and apply those lessons to future projects. Serving diverse clients, there's still a consistent commitment to exceptional service. Managers are generally supportive, though some departments lack proactive leadership.
Commented in April 24, 2025
10
3
Management trusts us with significant responsibilities, providing the autonomy to innovate while offering support when needed. This commitment to excellence is a core part of the company’s identity and a key reason for our success. Response times varied by department.
Commented in April 08, 2025
25
3
We are never left in the dark about company performance or strategic shifts. Employees are given real ownership of their work, with plenty of autonomy and clear expectations. It’s one of the many small things that make this a great place to work. Clear goals and achievable expectations. Coworkers are nice, but management changes often. My manager is my biggest advocate.
Commented in January 22, 2025
41
2

Param Apartments Overview

Website
www.paramapts.com
Founded In
1986
Employees
<25 employees
Industry
Business Services
Headquarter Address
1637 S Michigan Ave Villa Park Illinois IL 60181
Revenue
$5 Million - $10 Million
Phone Number
+1 6306297863
Social Media
About Param Apartments
Param Management has owned and operated various pieces of commercial and residential real estate since its inception in 1986. It is currently holding a 300+ unit apartment complex sitting on just under 12 acres in Villa Park, IL. Param is a family owned sole proprietorship that has recently added a new head of sales and marketing to help take the company in a new direction.

What Benefits Does Param Apartments Offer Beyond Salary?

A competitive compensation package is more than just a salary. Param Apartments 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)
Work at Param Apartments?
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Param Apartments.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Param Apartments, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Param Apartments 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.

FAQs of Param Apartments

1. How much does a Param Apartments employee make?

Param Apartments pays its employees an average of $93,529 per year. The average salary at Param Apartments range from $82,197 to $105,806 per year. 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. Which similar company tend to pay more or less than Param Apartments?

The salary at Param Apartments is lesser than the similar company. The average annual salary at Param Apartments is $93,529, or an hourly wage of $45, in comparison to Coco B Productions which pays $98,887 per year or $48 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Param Apartments?

In many roles at Param Apartments, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Chicago affect the perceived value of a Param Apartments salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Param Apartments based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Param Apartments typically offer employees?

Param Apartments generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Param Apartments" section on this page.

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