| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Killingly Economic Development | $95,997 |
+15.5%
|
Reflects structural premiums typical of Killingly Economic Development's large-cap national operations. |
| Hope Township School | $96,599 |
+16.2%
|
Supported by Hope Township School's high-margin contracts allowing higher overhead. |
| Tennessee County Services Association | $81,346 |
-2.1%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Business For a Fair Minimum Wage | $85,207 |
+2.5%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Edu., Gov't. & Nonprofit Industry | $115,341 |
+38.8%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$95,997 / year
Salary Range: $83,920 - $109,867
Danielson, CT
$96,599 / year
Salary Range: $84,469 - $110,526
Hope, NJ
$81,346 / year
Salary Range: $71,127 - $93,076
Nashville, TN
$85,207 / year
Salary Range: $74,509 - $97,490
$86,789 / year
Salary Range: $75,883 - $99,295
Bennington, VT
$74,986 / year
Salary Range: $65,565 - $85,796
Panama City, FL
$109,625 / year
Salary Range: $95,814 - $125,487
New York, NY
$87,939 / year
Salary Range: $76,873 - $100,648
Mckinney, TX
$97,843 / year
Salary Range: $85,542 - $111,989
Washington, DC
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) | $1,400 - $2,100+ | A significant portion of Wake County Economic Development salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (GoRaleigh 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 | $430 - $780+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,830 - $4,410+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Wake County Economic Development is approximately $83,118. However, this is an aggregate figure, actual salaries can range significantly, typically from $72,685 to $95,100, depending on factors like job role, experience, and location.
The average annual salary at Wake County Economic Development is $83,118, or an hourly wage of $40, in comparison to Killingly Economic Development which pays $95,997 per year or $46 per hour.
The lowest-paying job at Wake County Economic Development is a Manager, Operations with a salary of $88,539 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Wake County Economic Development for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Wake County Economic Development, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Wake County Economic Development, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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