Classic Elite Yarns Salary

Classic Elite Yarns Salary

How much does the Classic Elite Yarns Pay for employees?

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As of August 2026, the average annual salary for employees at Classic Elite Yarns in the United States is $105,026. This translates to an approximate hourly wage of $50. Salaries at Classic Elite Yarns typically range from $92,313 to $118,878 annually, reflecting the diverse roles and experience levels within the company. Classic Elite Yarns’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 Classic Elite Yarns Pay for Different Roles?

Explore detailed salary information for specific jobs at Classic Elite Yarns. 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 Classic Elite Yarns

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

Is Classic Elite Yarns’s Pay Competitive? Salary Benchmarking Analysis

How does Classic Elite Yarns’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
180k
150k
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90k
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30k
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Average Salary ($/year)
Classic Elite Yarns
Retail & Wholesale
New Flag GmbH
La Bonne Bouchée
Industry Comparison
Our data shows that, on average, compensation at Classic Elite Yarns is below the average for the U.S. Retail & Wholesale industry by approximately 15%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Classic Elite Yarns average annual salary with several similar companies. Classic Elite Yarns average salary of $105,026 is lower than New Flag GmbH, which has an average salary of $116,808. It is higher than La Bonne Bouchée, with their average salary at $95,322. This places Classic Elite Yarns in a mid-range position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Classic Elite Yarns's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Classic Elite Yarns

Considering a career at Classic Elite Yarns? 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.
The work-life balance is respected, and management is flexible with scheduling when needed. The benefits package is strong, including health coverage and retirement plans. The office/retail spaces are well-maintained, and the technology systems are up-to-date. The company has a strong vision and a talented team.
Commented in May 29, 2025
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Colleagues are friendly, and the office environment is functional. The workplace is efficient, and tasks are well-distributed. Coworkers are cooperative, and management is fair. Consistent workflow. This company is one of the best employers in the Retail & Wholesale space. Happy with my role. The team is cooperative, and management maintains a professional atmosphere.
Commented in March 10, 2025
13
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Leadership is transparent and approachable. Coworkers are friendly and always willing to help. The company fosters a supportive and engaging work environment. The leadership team is approachable and encourages professional development. Highly recommend joining this organization.
Commented in February 06, 2024
9
3

Classic Elite Yarns Overview

Website
www.classiceliteyarns.com
Founded In
1985
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
16 Esquire Rd North Billerica Massachusetts MA 01862
Revenue
$10 Million - $50 Million
Phone Number
+1 8003430308
Social Media
About Classic Elite Yarns
Classic Elite Yarns had its origin in the late 1940s as part of an old-line textile manufacturing mill in Lowell, MA. In the 1980s, CEY began presenting at industry trade shows and producing collections of handknitting designs and the new company also began to make the pages of international fashion magazines. After nearly 40 years, Classic Elite Yarns has closed its doors ( read more on the CEY b

What Benefits Does Classic Elite Yarns Offer Beyond Salary?

A competitive compensation package is more than just a salary. Classic Elite Yarns 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 Lowell?

Understanding the cost of living near Lowell is key to truly evaluating a salary offer or your current compensation at Classic Elite Yarns.
Lowell's Cost of Living Index is approximately 115.8 (15.8% more expensive than US average; 12.7% less than MA average). Merrimack Valley city, historic mills, housing more affordable than Boston. LRTA bus, Commuter Rail. When planning your budget based on a salary from Classic Elite Yarns, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,300+ A significant portion of Classic Elite Yarns salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (LRTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $660 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,070 - $4,720+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Classic Elite Yarns

1. What is the typical salary range (low to high) for most roles at Classic Elite Yarns?

The typical annual salary range for most roles at Classic Elite Yarns is approximately from $92,313 to $118,878. 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 Classic Elite Yarns pay compared to New Flag GmbH?

The average annual salary at Classic Elite Yarns is $105,026, or an hourly wage of $50, in comparison to New Flag GmbH which pays $116,808 per year or $56 per hour.

3. How does experience level affect salary at Classic Elite Yarns?

Experience level is a significant factor in determining salary at Classic Elite Yarns, 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 Classic Elite Yarns in Lowell is fair given the local cost of living?

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

5. What are the key factors that influence salary levels at Classic Elite Yarns?

Several key factors influence salary levels at Classic Elite Yarns. 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: Classic Elite Yarns likely benchmarks its salaries against other companies in the Retail & Wholesale sector. You can explore how these factors play out in our detailed salary data.

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