The Lacon Economic Development Committee Salary

As of August 2026, the average annual salary for employees at The Lacon Economic Development Committee in the United States is $84,848. This translates to an approximate hourly wage of $41. Salaries at The Lacon Economic Development Committee typically range from $74,179 to $97,112 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at The Lacon Economic Development Committee

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Is The Lacon Economic Development Committee’s Pay Competitive? Salary Benchmarking Analysis

How does The Lacon Economic Development Committee'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 US Economic Development Administration $93,012
+9.6%
Reflects a supply-demand imbalance for the specific talent The US Economic Development Administration targets.
Van Buren County Schools $77,950
-8.1%
Normalized for lower cost-of-living zones where Van Buren County Schools primarily operates.
The Peter and Elizabeth C Tower Foundation $83,825
-1.2%
Suggests The Peter and Elizabeth C Tower Foundation utilizes a highly similar base-plus-benefits compensation model.
Freetown Regional Food Pantry $92,116
+8.6%
Influenced by prevailing union wage agreements specific to Freetown Regional Food Pantry's sector.
Edu., Gov't. & Nonprofit Industry $115,341
+35.9%
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 The Lacon Economic Development Committee

Considering a career at The Lacon Economic Development Committee? 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.
Purpose-driven mission motivates daily work. The support systems in place make a huge difference. The job is structured, which helps keep tasks manageable. Policies are followed closely, which provides consistency but can limit flexibility. The team’s professionalism and compassion are equally strong.
The leadership team models integrity, and coworkers are cooperative and engaged. Great for those who value stability more than rapid innovation. Supportive leadership and a strong focus on community impact. The organization is steady and mission-driven, though not particularly dynamic. I appreciate how open leadership is to new ideas. Teamwork and mission focus are evident in everything they do. G...
Effective leadership training. There’s a real sense of pride in what we do, which keeps morale consistently high. Everyone works together toward shared goals, and there’s genuine pride in the mission.

The Lacon Economic Development Committee Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
406 5 Th St Lacon Illinois IL 61540
Revenue
<$5 Million
Phone Number
+1 3092466111
Social Media
About The Lacon Economic Development Committee
The Lacon Economic Development Committee is a company that operates in the Nonprofit Organizations industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Lacon, Illinois.

What Benefits Does The Lacon Economic Development Committee Offer Beyond Salary?

A competitive compensation package is more than just a salary. The Lacon Economic Development Committee 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 Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at The Lacon Economic Development Committee.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from The Lacon Economic Development Committee, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of The Lacon Economic Development Committee salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of The Lacon Economic Development Committee

1. What is the typical salary range (low to high) for most roles at The Lacon Economic Development Committee?

The typical annual salary range for most roles at The Lacon Economic Development Committee is approximately from $74,179 to $97,112. 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 The Lacon Economic Development Committee pay compared to The US Economic Development Administration?

The average annual salary at The Lacon Economic Development Committee is $84,848, or an hourly wage of $41, in comparison to The US Economic Development Administration which pays $93,012 per year or $45 per hour.

3. How does experience level affect salary at The Lacon Economic Development Committee?

Experience level is a significant factor in determining salary at The Lacon Economic Development Committee, 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 The Lacon Economic Development Committee in Aurora is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at The Lacon Economic Development Committee?

Several key factors influence salary levels at The Lacon Economic Development Committee. 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: The Lacon Economic Development Committee likely benchmarks its salaries against other companies in the Edu., Gov't. & Nonprofit sector. You can explore how these factors play out in our detailed salary data.