UMD Center for Economic Development Salary

As of August 2026, the average annual salary for employees at UMD Center for Economic Development in the United States is $87,010. This translates to an approximate hourly wage of $42. Salaries at UMD Center for Economic Development typically range from $76,057 to $99,612 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at UMD Center for Economic Development

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Is UMD Center for Economic Development’s Pay Competitive? Salary Benchmarking Analysis

How does UMD Center for Economic Development'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
K - 9 College Inc $85,829
-1.4%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Greater Kansas City Community Foundation $89,236
+2.6%
Confirms Greater Kansas City Community Foundation is a direct competitor vying for the exact same talent pool.
The Sixth Armored Division Association $84,489
-2.9%
Suggests The Sixth Armored Division Association utilizes a highly similar base-plus-benefits compensation model.
Americans for Relief and Stability $90,713
+4.3%
Data suggests Americans for Relief and Stability's workforce skews heavily towards veteran, high-tenure roles.
Edu., Gov't. & Nonprofit Industry $115,341
+32.6%
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 UMD Center for Economic Development

Considering a career at UMD Center for Economic Development? 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.
The environment is organized and consistent. An ideal blend of professionalism and empathy. The company emphasizes continuous learning and professional development, providing access to training and mentorship. Employee wellness and work-life balance are prioritized. Colleagues are passionate professionals who collaborate generously.
Employees have access to ongoing training, career advancement, and wellness programs, which help maintain a healthy work-life balance and a motivated, engaged workforce. Despite serving thousands of students, it maintains a personal touch. I’ve always appreciated their thoughtful approach to collaboration and public service. A great option for those who value security and service. Clear communicat...
Performance feedback is minimal, and career progression can take time. Experiences vary depending on the team handling specific issues. Mediated interdepartmental disputes fairly.
Benefits, including pension and healthcare, are excellent. They are prompt, courteous, and effective. Timely responses and knowledgeable staff made everything smooth. Advancement opportunities exist but aren't always transparent. Work-life balance is respected and valued.

UMD Center for Economic Development Overview

Website
www.umdced.com
Founded In
1986
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
11 E Superior St Duluth Minnesota MN 55802
Revenue
$5 Million - $10 Million
Phone Number
+1 2187267298
Social Media
About UMD Center for Economic Development
UMD Center for Economic Development is a company that operates in the Financial Services industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Duluth, Minnesota.

What Benefits Does UMD Center for Economic Development Offer Beyond Salary?

A competitive compensation package is more than just a salary. UMD Center for Economic Development 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 Duluth?

Understanding the cost of living near Duluth is key to truly evaluating a salary offer or your current compensation at UMD Center for Economic Development.
Duluth's Cost of Living Index is approximately 93.6 (6.4% less expensive than US average; 3.6% less than MN average). Lake Superior port city, scenic, affordable housing, cold winters. DTA bus. When planning your budget based on a salary from UMD Center for Economic Development, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $900 - $1,400+ A significant portion of UMD Center for Economic Development salary. Location choices impact this heavily.
Utilities (Basic) $140 - $250 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (DTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $680+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,560+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of UMD Center for Economic Development

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

The typical annual salary range for most roles at UMD Center for Economic Development is approximately from $76,057 to $99,612. 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 UMD Center for Economic Development pay compared to K - 9 College Inc?

The average annual salary at UMD Center for Economic Development is $87,010, or an hourly wage of $42, in comparison to K - 9 College Inc which pays $85,829 per year or $41 per hour.

3. How does experience level affect salary at UMD Center for Economic Development?

Experience level is a significant factor in determining salary at UMD Center for Economic Development, 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 UMD Center for Economic Development in Duluth is fair given the local cost of living?

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

5. Are the salaries listed for UMD Center for Economic Development on Salary.com pre-tax or after-tax?

All salary figures displayed for UMD Center for Economic Development, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.