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Velvet Coat Salary

Velvet Coat Salary

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As of September 2026, the average annual salary for employees at Velvet Coat in the United States is $84,352. This translates to an approximate hourly wage of $41. Salaries at Velvet Coat typically range from $74,188 to $95,393 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Velvet Coat Pay for Different Roles?

Explore detailed salary information for specific jobs at Velvet Coat. Based on our data, the highest paying job is the Manager, with an annual salary of $86,556. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Velvet Coat’s Pay Competitive? Salary Benchmarking Analysis

How does Velvet Coat'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
Bela Fashion $96,430
+14.3%
Reflects structural premiums typical of Bela Fashion's large-cap national operations.
Palm Beach Boutique LLC $104,657
+24.1%
Reflects a supply-demand imbalance for the specific talent Palm Beach Boutique LLC targets.
Shop Style Your Senses $88,266
+4.6%
Data suggests Shop Style Your Senses's workforce skews heavily towards veteran, high-tenure roles.
Extreme Protocol Solutions Inc $96,039
+13.9%
Adjusted for higher cost-of-living indices in Extreme Protocol Solutions Inc's primary metro hubs.
Retail & Wholesale Industry $123,318
+46.2%
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.

How Velvet Coat's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Velvet Coat. Click a company name to learn more.

Employee Reviews: Working at Velvet Coat

Considering a career at Velvet Coat? 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.
There are regular team-building activities, which make work enjoyable. Company values employee growth. The team is cooperative, and management is fair. The benefits here stand out—healthcare, PTO, and discounts are excellent. Coworkers are collaborative, making it a pleasant workplace.
Commented in April 01, 2025
50
3
I genuinely enjoy working here. Enjoy the daily challenges. Company events make it fun. The compensation is fair, and there are good advancement opportunities. The retail discounts are a nice perk. Satisfied with career growth here. The employee discount program is a great perk, and the 401(k) match is a solid benefit.
Commented in December 15, 2024
33
3
I’ve learned a lot and feel valued in my role. The company supports career growth with training and mentorship. Overall, a positive and fulfilling workplace. This company provides a dynamic workplace with a strong focus on teamwork.
Commented in June 24, 2024
42
3

Velvet Coat Overview

Website
www.velvetcoat.us
Founded In
2000
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
118 E College St Iowa City Iowa IA 52240
Revenue
<$5 Million
Phone Number
+1 3198877151
Social Media
About Velvet Coat
Velvet Coat was founded in downtown Iowa City in 2000. In 2007, we opened our sister store in Des Moines' East Village. Our commitment is to provide the modern woman with fashionable clothing, footwear, and accessories that are wearable, beautifully designed, and luxurious in quality.

What Benefits Does Velvet Coat Offer Beyond Salary?

A competitive compensation package is more than just a salary. Velvet Coat 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 Iowa City?

Understanding the cost of living near Iowa City is key to truly evaluating a salary offer or your current compensation at Velvet Coat.
Iowa City's Cost of Living Index is approximately 94.7 (5.3% less expensive than US average; 5.3% more than IA average). Home to University of Iowa, housing more expensive than typical IA due to university. IC Transit, Cambus (free UofI). When planning your budget based on a salary from Velvet Coat, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,500+ A significant portion of Velvet Coat salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (IC Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,200 - $3,590+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Velvet Coat

1. What is the typical salary range (low to high) for most roles at Velvet Coat?

The typical annual salary range for most roles at Velvet Coat is approximately from $74,188 to $95,393. 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 Velvet Coat pay compared to Bela Fashion?

The average annual salary at Velvet Coat is $84,352, or an hourly wage of $41, in comparison to Bela Fashion which pays $96,430 per year or $46 per hour.

3. Do salaries differ significantly between departments at Velvet Coat?

Yes, salaries often differ between departments at Velvet Coat due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Velvet Coat?

Experience level is a significant factor in determining salary at Velvet Coat, 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.

5. How can I determine if a salary offer from Velvet Coat in Iowa City is fair given the local cost of living?

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

6. What factors influence salary increases at Velvet Coat?

Salary increases at Velvet Coat 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.

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