Franklin Regional Economic Development Salary

How much does the Franklin Regional Economic Development Pay for employees?

As of August 2026, the average annual salary for employees at Franklin Regional Economic Development in the United States is $84,099. This translates to an approximate hourly wage of $40. Salaries at Franklin Regional Economic Development typically range from $73,510 to $96,271 annually, reflecting the diverse roles and experience levels within the company. Franklin Regional Economic Development’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.
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Current Job Openings at Franklin Regional Economic Development

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Is Franklin Regional Economic Development’s Pay Competitive? Salary Benchmarking Analysis

How does Franklin Regional Economic Development’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)
Franklin Regional Economic Development
Edu., Gov't. & Nonprofit
Elm City Center
Norwegian Fjord Association of America
Industry Comparison
Our data shows that, on average, compensation at Franklin Regional Economic Development is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 27%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Franklin Regional Economic Development average annual salary with several similar companies. Franklin Regional Economic Development average salary of $84,099 is higher than Elm City Center, which has an average salary of $83,361. It is lower than Norwegian Fjord Association of America, with their average salary at $90,206. This places Franklin Regional Economic Development in a mid-range position among its peers.
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Employee Reviews: Working at Franklin Regional Economic Development

Considering a career at Franklin Regional Economic Development? 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 onboarding process was smooth, and I felt welcomed from day one. Strong focus on community service. Working in this organization has been a fulfilling experience. They care deeply about their impact and consistently demonstrate high standards in education and governance services.
This organization fosters a welcoming, growth-oriented environment where employees feel empowered and proud to contribute. Reliable employment, but innovation is often stifled by red tape. Strong commitment to employee development through continuous training programs. Still, their intentions and professionalism are appreciated. The organization offers opportunities to learn and grow, and leadershi...
The impactful public service mission adds meaning to daily tasks, inspiring employees to deliver their best. The workload is manageable, and the benefits are solid, especially for long-term employees. While the benefits are strong, especially healthcare and pensions, compensation is average. The mission drives the team’s energy. Employees feel supported in delivering impactful public service with ...
Improved our recruitment outcomes significantly. Wellness programs and flexible work schedules promote work-life balance, while meaningful public service projects engage and inspire staff daily. Working here feels purposeful. What I appreciate most is how the organization balances innovation with tradition, always putting student success first.

Franklin Regional Economic Development Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
614 W Main St West Frankfort Illinois IL 62896
Revenue
<$5 Million
Phone Number
+1 6189322121
Social Media
About Franklin Regional Economic Development
Franklin Regional Economic Development is a company that operates in the Nonprofit Organizations industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in West Frankfort, Illinois.

What Benefits Does Franklin Regional Economic Development Offer Beyond Salary?

A competitive compensation package is more than just a salary. Franklin Regional Economic Development 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Franklin Regional Economic Development.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Franklin Regional Economic Development, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Franklin Regional Economic Development salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Franklin Regional Economic Development

1. What is the estimated average total compensation at Franklin Regional Economic Development?

Salary.com estimates that the average total compensation package at Franklin Regional Economic Development, which can include base salary, potential bonuses, and benefits, is around $84,099 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Franklin Regional Economic Development pay compared to Elm City Center?

The average annual salary at Franklin Regional Economic Development is $84,099, or an hourly wage of $40, in comparison to Elm City Center which pays $83,361 per year or $40 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at Franklin Regional Economic Development?

Salary progression from an entry-level to a senior role at Franklin Regional Economic Development can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from Franklin Regional Economic Development in Chicago is fair given the local cost of living?

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

5. Are promotions at Franklin Regional Economic Development usually accompanied by a significant salary increase?

Yes, promotions at Franklin Regional Economic Development are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.