5by2 Salary

How much does the 5by2 Pay for employees?

As of June 2026, the average annual salary for employees at 5by2 in the United States is $118,528. This translates to an approximate hourly wage of $57. Salaries at 5by2 typically range from $104,107 to $134,243 annually, reflecting the diverse roles and experience levels within the company. 5by2’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.
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Current Job Openings at 5by2

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Is 5by2’s Pay Competitive? Salary Benchmarking Analysis

How does 5by2’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)
5by2
Business Services
Darby & Darby PC
Chain Theatre
Industry Comparison
Our data shows that, on average, compensation at 5by2 is below the average for the U.S. Business Services industry by approximately 2%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared 5by2 average annual salary with several similar companies. 5by2 average salary of $118,528 is higher than Darby & Darby PC, which has an average salary of $116,218. It is higher than Chain Theatre, with their average salary at $115,669. This places 5by2 in a competitive position among its peers.
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Employee Reviews: Working at 5by2

Considering a career at 5by2? 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.
It fosters a culture of mutual respect and collaboration. While things run smoothly, the pace of decisions take time to implement. Professional development is emphasized through workshops and learning stipends. The leadership team is approachable and listens to employee feedback, often implementing suggested changes. The leadership team is accessible and genuinely inspiring.
We are always encouraged to share knowledge and learn from each other. Benefits are decent. The benefits are competitive, and the leadership team is transparent and responsive. The company values employee input and consistently provides growth opportunities. Encouraging feedback from management. The company fosters a diverse and inclusive workplace, which makes everyone feel valued. The company of...
Challenging tasks and supportive peers. The culture values both personal achievement and team success. Leadership here genuinely cares about people and sets a strong example through ethical and transparent practices. There’s a strong focus on efficient processes and realistic deadlines, so we can deliver high-quality work without burning out. A truly professional operation from start to finish.

5by2 Overview

Website
www.5by2parking.com
Founded In
2003
Employees
100 - 200 employees
Industry
Business Services
Headquarter Address
228 E 45th St New York City New York NY 10017
Revenue
$10 Million - $50 Million
Phone Number
+1 3472708599
Social Media
About 5by2
5BY2 is an independent supplier of automated parking garages. It was originally establised in the late 1980s as a department of EWW Technische Bedrijven, where the first fully automated garage was delivered in 1992. This garage is still operational. 5BY2 was incorporated into a seperate legal entity in 2003. In January 2013, 5BY2 was sold to its management in a management buy out as the strategic

What Benefits Does 5by2 Offer Beyond Salary?

A competitive compensation package is more than just a salary. 5by2 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at 5by2.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from 5by2, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of 5by2 salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 5by2

1. What is the typical salary range (low to high) for most roles at 5by2?

The typical annual salary range for most roles at 5by2 is approximately from $104,107 to $134,243. 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 5by2 pay compared to Darby & Darby PC?

The average annual salary at 5by2 is $118,528, or an hourly wage of $57, in comparison to Darby & Darby PC which pays $116,218 per year or $56 per hour.

3. How does experience level affect salary at 5by2?

Experience level is a significant factor in determining salary at 5by2, 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 5by2 in New York is fair given the local cost of living?

To determine if a salary offer from 5by2 in New York is fair, first compare the gross salary to our data for similar roles at 5by2 and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

5. What are the key factors that influence salary levels at 5by2?

Several key factors influence salary levels at 5by2. 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: 5by2 likely benchmarks its salaries against other companies in the Business Services sector. You can explore how these factors play out in our detailed salary data.