Drake Institute Salary

How much does the Drake Institute Pay for employees?

As of October 2026, the average annual salary for employees at Drake Institute in the United States is $96,989. This translates to an approximate hourly wage of $47. Salaries at Drake Institute typically range from $85,248 to $109,733 annually, reflecting the diverse roles and experience levels within the company. Drake Institute’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 Institute Pay for Different Roles?

Explore detailed salary information for specific jobs at Drake Institute. 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 Institute

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

Is Drake Institute’s Pay Competitive? Salary Benchmarking Analysis

How does Drake Institute’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)
Drake Institute
Business Services
Becket
ACEC Research Institute
Industry Comparison
Our data shows that, on average, compensation at Drake Institute is below the average for the U.S. Business Services industry by approximately 20%. 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 Institute average annual salary with several similar companies. Drake Institute average salary of $96,989 is lower than Becket, which has an average salary of $102,189. It is lower than ACEC Research Institute, with their average salary at $97,253. This places Drake Institute in a developing position among its peers.
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Employee Reviews: Working at Drake Institute

Considering a career at Drake Institute? 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.
Our work is fast-paced and exciting. Work-life balance is respected, although peak seasons may bring added pressure. Leadership communicates well and invests in employee success. The company’s commitment to diversity and inclusion is genuine. They prioritize our satisfaction, always willing to go the extra mile.
I’ve had an extremely positive experience working here. The leadership team is approachable and listens to employee feedback, often implementing suggested changes. Everyone is approachable, from colleagues to senior managers.
The communication from leadership is consistent and transparent. The company provides comprehensive onboarding, helpful resources, and a strong support network. The company is socially responsible and active in the community.

Drake Institute Overview

Website
www.drakeinstitute.org
Founded In
2015
Employees
<25 employees
Industry
Business Services
Headquarter Address
717 D St NW Washington District of Columbia DC 20004
Revenue
<$5 Million
Phone Number
+1 2028911988
Social Media
About Drake Institute
Think Tank | The Exciting New World of Women's Policy Awaits You at the Drake Institute. on Drake Institute of Research and Policy...

What Benefits Does Drake Institute Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake Institute 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 Washington?

Understanding the cost of living near Washington is key to truly evaluating a salary offer or your current compensation at Drake Institute.
Washington D.C.'s Cost of Living Index is approximately 148.7 (48.7% more expensive than US average). Nation's capital, very high housing costs, extensive public transit (WMATA), high overall expenses. When planning your budget based on a salary from Drake Institute, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,200 - $3,300+ A significant portion of Drake Institute salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70-200+ (WMATA SmarTrip varies by use) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $680 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $900+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,770 - $5,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake Institute

1. How much does Drake Institute in the United States pay?

Drake Institute pays its employees an average of $96,989 per year. The average salary at Drake Institute range from $85,248 to $109,733 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 Drake Institute employees get a higher salary than its peer company?

The salary at Drake Institute is lesser than its peer company. The average annual salary at Drake Institute is $96,989, or an hourly wage of $47, in comparison to Becket which pays $102,189 per year or $49 per hour.

3. How much does salary increase with years of experience at Drake Institute?

Salary progression with years of experience at Drake Institute 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.

4. Do salaries at Drake Institute vary by office location?

Yes, it's very likely that salaries at Drake Institute 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 Washington section provides more context.

5. Does Drake Institute offer good benefits?

Drake Institute 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 Drake Institute" section on this page.