501 Local Salary

501 Local Salary

How much does the 501 Local Pay for employees?

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As of July 2026, the average annual salary for employees at 501 Local in the United States is $94,668. This translates to an approximate hourly wage of $46. Salaries at 501 Local typically range from $83,150 to $107,319 annually, reflecting the diverse roles and experience levels within the company. 501 Local’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does 501 Local Pay for Different Roles?

Explore detailed salary information for specific jobs at 501 Local. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at 501 Local

Ready for your next career move? Explore current job openings at 501 Local. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is 501 Local’s Pay Competitive? Salary Benchmarking Analysis

How does 501 Local’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
501 Local
Hospitality & Leisure
Soggy Bottom Lodge
Courtside Racquet Club
Industry Comparison
Our data shows that, on average, compensation at 501 Local is below the average for the U.S. Hospitality & Leisure industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared 501 Local average annual salary with several similar companies. 501 Local average salary of $94,668 is higher than Soggy Bottom Lodge, which has an average salary of $81,768. It is lower than Courtside Racquet Club, with their average salary at $100,227. This places 501 Local in a mid-range position among its peers.
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How 501 Local's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at 501 Local. Click a company name to learn more.

Employee Reviews: Working at 501 Local

Considering a career at 501 Local? 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.
Perks like travel discounts make it even better. Managers listen to feedback and appreciate hard work. Workload distribution is fair, and colleagues are cooperative. I’ve had an amazing experience working here.
Commented in April 12, 2025
10
0
The company emphasizes teamwork, and managers are supportive of career growth. The team is collaborative, and management is always willing to listen. The benefits are competitive, and the work-life balance is respected. While there aren’t many surprises, the job is reliable.
Commented in February 02, 2025
40
1
The policies are clear, and the teams are well-coordinated. Opportunities for advancement are clearly defined. The leadership encourages innovation and rewards hard work. The role provides steady hours and a predictable routine. This company truly invests in its employees. The workload is consistent, and colleagues are easy to work with. My experience has been consistent. The workplace culture is ...
Commented in September 06, 2024
50
2

501 Local Overview

Website
www.501local.com
Founded In
2020
Employees
<25 employees
Industry
Hospitality & Leisure
Headquarter Address
501 Chestnut St Winnetka Illinois IL 60093
Revenue
<$5 Million
Phone Number
+1 2242556480
Social Media
About 501 Local
501 Local is a neighborhood bistro located on the corner of Chestnut and Oak in Winnetka. Its the perfect place for friends and family to enjoy delicious food and drinks either on the beautiful patio or in the warm, inviting dining room. Everyone will find something to love on our creative American with a Twist menu. We also offer a thoughtful selection of wine, craft beer and signature cocktails.

What Benefits Does 501 Local Offer Beyond Salary?

A competitive compensation package is more than just a salary. 501 Local 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at 501 Local.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from 501 Local, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of 501 Local salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 501 Local

1. How much does a 501 Local employee make?

501 Local pays its employees an average of $94,668 per year. The average salary at 501 Local range from $83,150 to $107,319 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.

2. Which similar company tend to pay more or less than 501 Local?

The salary at 501 Local is higher than the similar company. The average annual salary at 501 Local is $94,668, or an hourly wage of $46, in comparison to Soggy Bottom Lodge which pays $81,768 per year or $39 per hour.

3. How much does a Director, Marketing typically earn at 501 Local?

A Director, Marketing at 501 Local typically earns an average annual base salary of around $162,811, with a general range of $146,841 to $180,460.

4. Do employees with advanced degrees (Master's, PhD) earn more at 501 Local?

In many roles at 501 Local, 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.

5. How does the cost of living near Chicago affect the perceived value of a 501 Local salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from 501 Local based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does 501 Local typically offer employees?

501 Local 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 501 Local" section on this page.

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