Racey & Dean Inc Salary

As of August 2026, the average annual salary for employees at Racey & Dean Inc in the United States is $82,760. This translates to an approximate hourly wage of $40. Salaries at Racey & Dean Inc typically range from $72,813 to $93,576 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Racey & Dean Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Racey & Dean Inc. Based on our data, the highest paying job is the President, with an annual salary of $640,632. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Racey & Dean Inc

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

Is Racey & Dean Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Racey & Dean 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
Pulse Insurance Agency $101,894
+23.1%
Influenced by prevailing union wage agreements specific to Pulse Insurance Agency's sector.
JB Harrison Insurance $87,812
+6.1%
Supported by JB Harrison Insurance's high-margin contracts allowing higher overhead.
At Tamiami Insurance Corp $89,183
+7.8%
Data suggests At Tamiami Insurance Corp's workforce skews heavily towards veteran, high-tenure roles.
Colonial South Insurance $85,006
+2.7%
Suggests Colonial South Insurance utilizes a highly similar base-plus-benefits compensation model.
Insurance Industry $123,858
+49.7%
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 Racey & Dean Inc

Considering a career at Racey & Dean 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.
Workloads are manageable, and the team is cooperative. The company emphasizes employee growth through workshops and certifications. The company also organizes social events, which help in building strong relationships with colleagues. The insurance processes are well-documented, making it easy to follow procedures.
Training opportunities are abundant, and career progression is encouraged. The insurance products are reputable, and client interactions are straightforward. Colleagues are cooperative, and management maintains an open-door policy. The office atmosphere is friendly, and remote work flexibility is a big advantage. Benefits like wellness programs and bonuses make it a standout employer. It’s a great...
Colleagues are professional, though communication between departments could improve. Benefits meet industry expectations, and the workload is balanced. Leadership is transparent, making employees feel secure. The insurance products are well-regarded, and the company maintains a good reputation.

Racey & Dean Inc Overview

Website
www.raceydean.com
Founded In
1934
Employees
<25 employees
Industry
Insurance
Headquarter Address
535 Main St Clifton Forge Virginia VA 24422
Revenue
<$5 Million
Phone Number
+1 5408625744
Social Media
About Racey & Dean Inc
Racey & Dean Inc. is a family owned and community focused independent insurance agency and real estate brokerage located in Clifton Forge, VA. Racey & Dean Inc. was founded in 1934 and has been serving the insurance and real estate needs of the Alleghany Highlands of Virginia for over 75 years. Racey & Dean Inc. sells multiple lines of insurance (personal, commercial, life, health, bonds) and offe

What Benefits Does Racey & Dean Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Racey & Dean 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 Roanoke?

Understanding the cost of living near Roanoke is key to truly evaluating a salary offer or your current compensation at Racey & Dean Inc.
Roanoke's Cost of Living Index is approximately 83.2 (16.8% less expensive than US average; 20.1% less than VA average). Blue Ridge Mountains city, very affordable. Valley Metro. When planning your budget based on a salary from Racey & Dean Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Racey & Dean Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (Valley Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $650+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,990 - $3,220+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Racey & Dean Inc

1. What is the typical salary range (low to high) for most roles at Racey & Dean Inc?

The typical annual salary range for most roles at Racey & Dean Inc is approximately from $72,813 to $93,576. 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 Racey & Dean Inc pay compared to Pulse Insurance Agency?

The average annual salary at Racey & Dean Inc is $82,760, or an hourly wage of $40, in comparison to Pulse Insurance Agency which pays $101,894 per year or $49 per hour.

3. How does experience level affect salary at Racey & Dean Inc?

Experience level is a significant factor in determining salary at Racey & Dean 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 Racey & Dean Inc in Roanoke is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Racey & Dean Inc?

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