CarFive Salary

CarFive Salary

How much does the CarFive Pay for employees?

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As of August 2026, the average annual salary for employees at CarFive in the United States is $101,725. This translates to an approximate hourly wage of $49. Salaries at CarFive typically range from $89,464 to $115,025 annually, reflecting the diverse roles and experience levels within the company. CarFive’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 CarFive Pay for Different Roles?

Explore detailed salary information for specific jobs at CarFive. 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.
How accurate does the salary look to you?

Current Job Openings at CarFive

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

Is CarFive’s Pay Competitive? Salary Benchmarking Analysis

How does CarFive’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)
CarFive
Retail & Wholesale
Alloplex Biotherapeutics Inc
Speedboard USA
Industry Comparison
Our data shows that, on average, compensation at CarFive is below the average for the U.S. Retail & Wholesale industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared CarFive average annual salary with several similar companies. CarFive average salary of $101,725 is on par with Alloplex Biotherapeutics Inc, which has an average salary of $101,725. It is higher than Speedboard USA, with their average salary at $94,742. This places CarFive in a mid-range position among its peers.
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How CarFive's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at CarFive

Considering a career at CarFive? 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.
Work-life balance is respected, making it a great long-term career option. Competitive pay and good employee discounts. The company offers good benefits and focuses on employee satisfaction. The company provides decent benefits. The office environment is clean and organized.
Commented in February 12, 2025
46
2
Feels like a progressive workplace. This company provides a dynamic workplace with a strong focus on teamwork. A standard retail job with good structure.
Commented in January 31, 2025
10
3
Hours fit my schedule well. The scheduling system is flexible, accommodating personal needs when possible. While the workload is manageable, some processes could be streamlined for efficiency. The benefits package is a big plus. A solid employer in the industry. I’ve had a great experience and appreciate the opportunities here.
Commented in August 11, 2024
17
1

CarFive Overview

Website
www.carfive.com
Founded In
2016
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
296 Highland Ave Salem Massachusetts MA 01970
Revenue
<$5 Million
Phone Number
+1 7815903393
Social Media
About CarFive
Since opening, we have grown to stock over 100 vehicles and have been fortunate to have sold over 1,500 vehicles to our customers nationwide. At the beginning, our goal was to be the most affordable car dealership in the North Shore area; the name "CarFive" meant we only offered cars that were priced at $5,000 or less, but that didn't mean we skipped on our core values of quality and exceptional c

What Benefits Does CarFive Offer Beyond Salary?

A competitive compensation package is more than just a salary. CarFive 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 Salem?

Understanding the cost of living near Salem is key to truly evaluating a salary offer or your current compensation at CarFive.
Salem's Cost of Living Index is approximately 130.5 (30.5% more expensive than US average; 1.6% less than MA average). Historic North Shore city, tourism, housing costs high. MBTA bus/Commuter Rail, Ferry. When planning your budget based on a salary from CarFive, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,900 - $2,800+ A significant portion of CarFive salary. Location choices impact this heavily.
Utilities (Basic) $180 - $290 Electricity, Heating, Cooling, Water etc.
Public Transportation $90 (MBTA pass varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $470 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $420 - $780+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,510 - $5,370+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of CarFive

1. What is the average salary for employees at CarFive?

The average annual total compensation for employees at CarFive is approximately $101,725. However, this is an aggregate figure, actual salaries can range significantly, typically from $89,464 to $115,025, depending on factors like job role, experience, and location.

2. How much does CarFive pay compared to Alloplex Biotherapeutics Inc?

The average annual salary at CarFive is $101,725, or an hourly wage of $49, in comparison to Alloplex Biotherapeutics Inc which pays $101,725 per year or $49 per hour.

3. How does having a professional certification impact salary for relevant roles at CarFive?

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 CarFive for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does CarFive offer cost-of-living adjustments (COLA) for employees in high-cost areas like Salem?

While some companies offer formal COLA, many, including potentially CarFive, 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.

5. What's the typical process for salary reviews and raises at CarFive?

Most companies, likely including CarFive, 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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