Forest Lake Economic Development Authoritythe Salary

How much does the Forest Lake Economic Development Authoritythe Pay for employees?

As of August 2026, the average hourly salary for employees at Forest Lake Economic Development Authoritythe in the United States is $45. This translates to an approximate annual wage of $94,594. Salaries at Forest Lake Economic Development Authoritythe typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company. Forest Lake Economic Development Authoritythe’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 Forest Lake Economic Development Authoritythe

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

Is Forest Lake Economic Development Authoritythe’s Pay Competitive? Salary Benchmarking Analysis

How does Forest Lake Economic Development Authoritythe’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Forest Lake Economic Development Authoritythe
Edu., Gov't. & Nonprofit
University Preparatory Academy
Local Central Falls & Pawtucket
Industry Comparison
Our data shows that, on average, compensation at Forest Lake Economic Development Authoritythe is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Forest Lake Economic Development Authoritythe average annual salary with several similar companies. Forest Lake Economic Development Authoritythe average salary of $94,594 is lower than University Preparatory Academy, which has an average salary of $111,123. It is higher than Local Central Falls & Pawtucket, with their average salary at $94,468. This places Forest Lake Economic Development Authoritythe in a mid-range position among its peers.
See Your True Competitors
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Employee Reviews: Working at Forest Lake Economic Development Authoritythe

Considering a career at Forest Lake Economic Development Authoritythe? 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.
Excellent leadership and staff engagement. Career advancement opportunities exist but may require patience and persistence. Engaging for employees of all tech levels. Still, the organization offers predictability and a sense of service. Benefits and work-life balance are major pluses.
Coworkers are supportive and professional. The work environment is positive and supportive, with a strong emphasis on work-life balance. Steady work and decent hours, but the culture feels dated and resistant to change. The company is dedicated to fostering a culture of inclusivity and respect, supported by strong leadership and transparent communication. Leadership fosters an inclusive environmen...
The organizational culture balances high expectations with genuine support. Job security is strong, yet innovation and agility could be enhanced. Training is useful and it is personalized. A positive environment where you are encouraged to improve both personally and professionally. Staff feel appreciated and respected.

Forest Lake Economic Development Authoritythe Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
1408 Lake St S Forest Lake Minnesota MN 55025
Revenue
<$5 Million
Phone Number
+1 6514643550
Social Media
About Forest Lake Economic Development Authoritythe
Forest Lake Economic Development Authoritythe 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 Forest Lake, Minnesota.

What Benefits Does Forest Lake Economic Development Authoritythe Offer Beyond Salary?

A competitive compensation package is more than just a salary. Forest Lake Economic Development Authoritythe 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Forest Lake Economic Development Authoritythe.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Forest Lake Economic Development Authoritythe, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Forest Lake Economic Development Authoritythe salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Forest Lake Economic Development Authoritythe

1. How much does a Forest Lake Economic Development Authoritythe employee make?

Forest Lake Economic Development Authoritythe pays its employees an average of $45 per hour. The average salary at Forest Lake Economic Development Authoritythe range from $40 to $52 per hour. 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. Which similar company tend to pay more or less than Forest Lake Economic Development Authoritythe?

The salary at Forest Lake Economic Development Authoritythe is lesser than the similar company. The average annual salary at Forest Lake Economic Development Authoritythe is $94,594, or an hourly wage of $45, in comparison to University Preparatory Academy which pays $111,123 per year or $53 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Forest Lake Economic Development Authoritythe?

In many roles at Forest Lake Economic Development Authoritythe, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Minneapolis affect the perceived value of a Forest Lake Economic Development Authoritythe salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Forest Lake Economic Development Authoritythe based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Forest Lake Economic Development Authoritythe typically offer employees?

Forest Lake Economic Development Authoritythe generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Forest Lake Economic Development Authoritythe" section on this page.