Detroit Development Fund Salary
How much does the Detroit Development Fund Pay for employees?
How Much Does Detroit Development Fund Pay for Different Roles?
Director, Fund of Operations
$123,613 / year
Salary Range: $101,681 - $154,883
Development and Fundraising
Senior Loan Officer
$78,059 / year
Salary Range: $67,236 - $89,545
Loan Review
Relationship Manager
$77,841 / year
Salary Range: $69,493 - $85,838
Project Management
Administrative Office Manager
$70,077 / year
Salary Range: $61,593 - $78,926
Management
Senior Credit Analyst
$69,727 / year
Salary Range: $62,731 - $76,545
Credit and Collections
Credit Analyst
$56,653 / year
Salary Range: $50,873 - $62,677
Credit and Collections
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Current Job Openings at Detroit Development Fund
Is Detroit Development Fund’s Pay Competitive? Salary Benchmarking Analysis
How Detroit Development Fund's Salaries Compare to Similar Companies?
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$93,297 / year
Salary Range: $81,840 - $105,721
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Employee Reviews: Working at Detroit Development Fund
Detroit Development Fund Overview
What Benefits Does Detroit Development Fund Offer Beyond Salary?
Get an estimated calculation of how much you should be earning and insight into your career options.
What Is the Cost of Living Near Detroit?
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $800 - $1,500+ (Highly variable) | A significant portion of Detroit Development Fund salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (DDOT/SMART monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,130 - $3,660+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
FAQs of Detroit Development Fund
1. How much does Detroit Development Fund in the United States pay?
Detroit Development Fund pays its employees an average of $90,344 per year. The average salary at Detroit Development Fund range from $79,246 to $102,380 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. Do Detroit Development Fund employees get a higher salary than its peer company?
The salary at Detroit Development Fund is lesser than its peer company. The average annual salary at Detroit Development Fund is $90,344, or an hourly wage of $43, in comparison to Pantheon Student Solutions Inc which pays $93,297 per year or $45 per hour.
3. What are the highest paying jobs at Detroit Development Fund?
The higher-paying job at Detroit Development Fund, according to our data, include Director, Fund of Operations (avg. $123,613 per year), Senior Loan Officer (avg. $78,059 per year), and Relationship Manager (avg. $77,841 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.
4. How much does salary increase with years of experience at Detroit Development Fund?
Salary progression with years of experience at Detroit Development Fund is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
5. Do salaries at Detroit Development Fund vary by office location?
Yes, it's very likely that salaries at Detroit Development Fund vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Detroit section provides more context.
6. Does Detroit Development Fund offer good benefits?
Detroit Development Fund typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Detroit Development Fund" section on this page.
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