Drake Construction Inc Salary

Drake Construction Inc Salary

How much does the Drake Construction Inc Pay for employees?

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As of July 2026, the average annual salary for employees at Drake Construction Inc in the United States is $100,797. This translates to an approximate hourly wage of $48. Salaries at Drake Construction Inc typically range from $88,767 to $113,806 annually, reflecting the diverse roles and experience levels within the company. Drake Construction Inc’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 Drake Construction Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Drake Construction Inc. 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 Drake Construction Inc

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

Is Drake Construction Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Drake Construction Inc’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
120k
100k
80k
60k
40k
20k
0
Average Salary ($/year)
Drake Construction Inc
Construction
THG Construction Services
Md Woodys Construction Company a K a Pine Acres Inc
Industry Comparison
Our data shows that, on average, compensation at Drake Construction Inc is below the average for the U.S. Construction industry by approximately 16%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Drake Construction Inc average annual salary with several similar companies. Drake Construction Inc average salary of $100,797 is higher than THG Construction Services, which has an average salary of $89,088. It is higher than Md Woodys Construction Company a K a Pine Acres Inc, with their average salary at $97,601. This places Drake Construction Inc in a competitive position among its peers.
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How Drake Construction Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Drake Construction Inc

Considering a career at Drake Construction Inc? 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.
Leadership supports us in finding solutions rather than assigning blame. Great place for someone who wants to earn their way up. You know what to expect working here: predictable routines, clear instructions, and stable work. Safety protocols are rigorous, and management listens to employee feedback.
Commented in May 22, 2025
15
3
The training provided for new tasks or procedures is always thorough and ensures we understand how to perform our jobs safely and correctly. They encourage us to gain new certifications and stay updated in our trade. While consistent, it offers fewer opportunities for creative input. This connection to the end result of our construction efforts reinforces the importance of quality and professional...
Commented in December 07, 2024
49
0
Job sites are clean and run professionally. Field management checks in often, and the safety team is proactive. The safety protocols are stringent, ensuring everyone returns home safely each day. Training programs exist but focus primarily on compliance and standard operating procedures. The company offers reliable employment with clear job descriptions.
Commented in July 01, 2024
18
1
Competitive benefits package and fair compensation. The company culture encourages learning and growth, providing numerous resources for skill advancement. Employees perform well-defined roles with limited cross-team interaction. Job security is good, and expectations are clear.
Commented in June 25, 2024
36
3
This unity is crucial for successfully navigating complex construction challenges and contributes to a more harmonious and effective workplace where everyone is pulling together towards a common goal. Knowing the company's plans makes us feel more connected and invested. It depends a lot on your foreman and team structure.
Commented in March 03, 2024
45
3

Drake Construction Inc Overview

Website
www.drakeconstruction.net
Founded In
2001
Employees
25 - 50 employees
Industry
Construction
Headquarter Address
116 2nd Ave Kotzebue Alaska AK 99752
Revenue
$10 Million - $50 Million
Phone Number
+1 9074423512
Social Media
About Drake Construction Inc
Drake Construction, Inc. is a general contracting firm with over 40 years experience in all phases of construction including civil, underground utility, commercial building, pile foundations, barging, & demolition. In 1968, Wayne Drake founded Wayne Drake General Contractor in North Bend, OR. The company started as a general contracting firm specializing in custom home building, and concrete work.

What Benefits Does Drake Construction Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake Construction Inc 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 Anchorage?

Understanding the cost of living near Anchorage is key to truly evaluating a salary offer or your current compensation at Drake Construction Inc.
Anchorage's Cost of Living Index is approximately 117.6 (17.6% more expensive than US average; 7.1% less than AK average). Primary drivers are significantly more expensive groceries, utilities, and housing. When planning your budget based on a salary from Drake Construction Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Drake Construction Inc salary. Location choices impact this heavily.
Utilities (Basic) $200 - $350 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 - $80 (People Mover Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $550 - $800 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $850+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,910 - $4,680+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake Construction Inc

1. What is the average salary for employees at Drake Construction Inc?

The average annual total compensation for employees at Drake Construction Inc is approximately $100,797. However, this is an aggregate figure, actual salaries can range significantly, typically from $88,767 to $113,806, depending on factors like job role, experience, and location.

2. How much does Drake Construction Inc pay compared to THG Construction Services?

The average annual salary at Drake Construction Inc is $100,797, or an hourly wage of $48, in comparison to THG Construction Services which pays $89,088 per year or $43 per hour.

3. What is the lowest salary at Drake Construction Inc?

The lowest-paying job at Drake Construction Inc is an Office Manager with a salary of $78,185 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Drake Construction Inc?

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

5. Does Drake Construction Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Anchorage?

While some companies offer formal COLA, many, including potentially Drake Construction Inc, 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.

6. What's the typical process for salary reviews and raises at Drake Construction Inc?

Most companies, likely including Drake Construction Inc, 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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