| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Strozzi Institute | $95,459 |
+0.9%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Skysthelimit.org | $100,554 |
+6.3%
|
Adjusted for higher cost-of-living indices in Skysthelimit.org's primary metro hubs. |
| First United Methodist Church of Elgin | $88,339 |
-6.6%
|
Typical compensation structure for smaller regional agencies like First United Methodist Church of Elgin. |
| Mile High Polymer Clay Guild | $85,998 |
-9.1%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| Edu., Gov't. & Nonprofit Industry | $115,341 |
+21.9%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$95,459 / year
Salary Range: $83,480 - $109,233
Petaluma, CA
$100,554 / year
Salary Range: $87,933 - $115,062
Oakland, CA
$88,339 / year
Salary Range: $77,249 - $101,075
Elgin, IL
$85,998 / year
Salary Range: $75,205 - $98,405
Lakewood, CO
$91,293 / year
Salary Range: $79,833 - $104,465
Roseville, CA
$75,292 / year
Salary Range: $65,840 - $86,150
Huntington, WV
$96,546 / year
Salary Range: $84,424 - $110,465
Culver City, CA
$84,890 / year
Salary Range: $74,234 - $97,137
Stockbridge, GA
$92,938 / year
Salary Range: $81,262 - $106,331
Sacramento, CA
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $2,500 - $3,800+ | A significant portion of Socratic Med Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $180 - $290 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | HART/LIRR (varies greatly) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $500 - $750 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $550 - $1,000+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $440 - $820+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $4,200 - $6,660+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Socratic Med Inc pays its employees an average of $94,594 per year. The average salary at Socratic Med Inc range from $82,719 to $108,245 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.
The salary at Socratic Med Inc is lesser than the similar company. The average annual salary at Socratic Med Inc is $94,594, or an hourly wage of $45, in comparison to Strozzi Institute which pays $95,459 per year or $46 per hour.
In many roles at Socratic Med Inc, 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.
Huntington (Long Island town) Cost of Living Index is approx. This significantly impacts the purchasing power of a salary from Socratic Med Inc based there. Our "Cost of Living Insights for Huntington" module details this impact, helping you assess the 'real feel' value of your compensation.
Socratic Med Inc 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 Socratic Med Inc" section on this page.
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