Rochester Area Economic Development Inc Salary

As of September 2026, the average annual salary for employees at Rochester Area Economic Development Inc in the United States is $83,160. This translates to an approximate hourly wage of $40. Salaries at Rochester Area Economic Development Inc typically range from $72,722 to $95,149 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Rochester Area Economic Development Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Rochester Area Economic Development Inc. Based on our data, the highest paying job is the Director, Marketing & Communications, with an annual salary of $143,019. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Rochester Area Economic Development Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Rochester Area Economic Development 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
The Alliance for Economic Development of Oklahoma City $79,078
-4.9%
Normalized for lower cost-of-living zones where The Alliance for Economic Development of Oklahoma City primarily operates.
Brazoria County Alliance for Children Inc $85,829
+3.2%
Adjusted for higher cost-of-living indices in Brazoria County Alliance for Children Inc's primary metro hubs.
Merrill Gardens $79,226
-4.7%
Reflects market rates for standard general contracting, differing from specialized roles.
Verity Institute $83,540
+0.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Edu., Gov't. & Nonprofit Industry $115,341
+38.7%
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 Rochester Area Economic Development Inc

Considering a career at Rochester Area Economic Development 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.
Strong team dynamics, although cross-department communication is lacking. Their integrity, responsiveness, and transparency shine through every interaction. If you’re content with routine and job security, you’ll do fine. Engaging public forums.
This supportive culture not only accelerates professional growth but also strengthens team cohesion and ensures institutional knowledge is effectively passed down through the ranks. Reduced burnout with practical initiatives. The meaningful work in public service provides a strong sense of purpose. This variety keeps the work interesting and allows individuals to explore different facets of public...
They listen carefully, address concerns promptly, and always stay organized. Work-life balance is respected, and flexible schedules are offered when needed. This is a stable job with predictable routines. Employee recognition programs are meaningful and frequent. Mediated interdepartmental disputes fairly.

Rochester Area Economic Development Inc Overview

Website
www.raedi.com
Founded In
1985
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
220 Broadway Ave S Rochester Minnesota MN 55904
Revenue
<$5 Million
Phone Number
+1 5072880208
Social Media
About Rochester Area Economic Development Inc
Rochester Area Economic Development, Inc. assists existing and potential businesses in the Rochester area secure the private and public resources needed to execute their growth plans.

What Benefits Does Rochester Area Economic Development Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Rochester Area Economic Development 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 Rochester?

Understanding the cost of living near Rochester is key to truly evaluating a salary offer or your current compensation at Rochester Area Economic Development Inc.
Rochester's Cost of Living Index is approximately 98.2 (1.8% less expensive than US average; 1.1% more than MN average). Home to Mayo Clinic, housing near US avg. RPT. When planning your budget based on a salary from Rochester Area Economic Development Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Rochester Area Economic Development Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (RPT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,450 - $3,850+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Rochester Area Economic Development Inc

1. What is the typical salary range (low to high) for most roles at Rochester Area Economic Development Inc?

The typical annual salary range for most roles at Rochester Area Economic Development Inc is approximately from $72,722 to $95,149. 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 Rochester Area Economic Development Inc pay compared to The Alliance for Economic Development of Oklahoma City?

The average annual salary at Rochester Area Economic Development Inc is $83,160, or an hourly wage of $40, in comparison to The Alliance for Economic Development of Oklahoma City which pays $79,078 per year or $38 per hour.

3. How does experience level affect salary at Rochester Area Economic Development Inc?

Experience level is a significant factor in determining salary at Rochester Area Economic Development 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 Rochester Area Economic Development Inc in Rochester is fair given the local cost of living?

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

5. What factors influence salary increases at Rochester Area Economic Development Inc?

Salary increases at Rochester Area Economic Development Inc 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.