Local Development Corp Salary

How much does the Local Development Corp Pay for employees?

As of August 2026, the average hourly salary for employees at Local Development Corp in the United States is $52. This translates to an approximate annual wage of $108,106. Salaries at Local Development Corp typically range from $45 to $60 hourly, reflecting the diverse roles and experience levels within the company. Local Development Corp’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 Local Development Corp

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Is Local Development Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Local Development Corp’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
120k
100k
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60k
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Average Salary ($/year)
Local Development Corp
Edu., Gov't. & Nonprofit
Partnership for Student
Student Committee
Industry Comparison
Our data shows that, on average, compensation at Local Development Corp is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 6%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Local Development Corp average annual salary with several similar companies. Local Development Corp average salary of $108,106 is higher than Partnership for Student, which has an average salary of $107,526. It is higher than Student Committee, with their average salary at $107,663. This places Local Development Corp in a competitive position among its peers.
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Employee Reviews: Working at Local Development Corp

Considering a career at Local Development Corp? 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.
Collaboration across departments is effective. I’ve had access to workshops and tuition support for career advancement. Leadership is approachable, though promotions tend to move. Employees benefit from professional development, wellness initiatives, and meaningful public service projects that drive pride and motivation daily. Reduced burnout with practical initiatives.
This is one of the most organized and professional teams I’ve worked with. Leadership fosters an inclusive environment where every voice matters. Still, their intentions and professionalism are appreciated. I love the team here. A highly collaborative workplace with a mission that genuinely inspires.
A decent choice for those who prefer routine over change. Being part of this team means contributing to meaningful initiatives that positively affect communities and society at large. A welcoming culture and clearly defined values make this a great organization. Employees receive continuous learning opportunities and recognition for their efforts. There’s a real sense of purpose in the work we do,...
This organization offers stability with a focus on employee development, transparent leadership, and collaboration. The organizational culture balances high expectations with genuine support. Clear protocols and well-maintained facilities create an environment where we can focus on our core responsibilities without undue concern, ensuring a productive and secure setting for everyone involved in ou...
They operate with integrity and consistently prioritize community well-being. Workload is manageable, and coworkers are helpful, though collaboration can vary depending on the team. Leadership listens actively and communicates openly, which builds trust across all levels.

Local Development Corp Overview

Website
www.yelp.com/biz/local-development-of-crown-heights-brooklyn
Founded In
1995
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
252 Kingston Ave Brooklyn New York NY 11213
Revenue
<$5 Million
Phone Number
+1 7184678800
Social Media
About Local Development Corp
Local Development Corp is a company that operates in the Construction industry. It employs 51-100 people and has $1M-$5M of revenue. The company is headquartered in Brooklyn, New York.

What Benefits Does Local Development Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Local Development Corp 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 Brooklyn?

Understanding the cost of living near Brooklyn is key to truly evaluating a salary offer or your current compensation at Local Development Corp.
Brooklyn (NYC borough) Cost of Living is extremely high, varies by neighborhood from very expensive to astronomically expensive. MTA subway/bus. When planning your budget based on a salary from Local Development Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,800 - $4,500+ A significant portion of Local Development Corp salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $480 - $720 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $440 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,547 - $7,277+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Local Development Corp

1. What is the average salary for employees at Local Development Corp?

The average total compensation for employees at Local Development Corp is approximately $52 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $45 to $60 per hour, depending on factors like job role, experience, and location.

2. How much does Local Development Corp pay compared to Partnership for Student?

The average annual salary at Local Development Corp is $108,106, or an hourly wage of $52, in comparison to Partnership for Student which pays $107,526 per year or $52 per hour.

3. How does having a professional certification impact salary for relevant roles at Local Development Corp?

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 Local Development Corp for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

4. Does Local Development Corp offer cost-of-living adjustments (COLA) for employees in high-cost areas like Brooklyn?

While some companies offer formal COLA, many, including potentially Local Development Corp, 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.

5. What's the typical process for salary reviews and raises at Local Development Corp?

Most companies, likely including Local Development Corp, 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.