Lower Manhattan Development Corp Salary

Lower Manhattan Development Corp Salary

How much does the Lower Manhattan Development Corp Pay for employees?

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As of August 2026, the average annual salary for employees at Lower Manhattan Development Corp in the United States is $105,385. This translates to an approximate hourly wage of $51. Salaries at Lower Manhattan Development Corp typically range from $92,158 to $120,586 annually, reflecting the diverse roles and experience levels within the company. Lower Manhattan 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.

How Much Does Lower Manhattan Development Corp Pay for Different Roles?

Explore detailed salary information for specific jobs at Lower Manhattan Development Corp. 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.
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Current Job Openings at Lower Manhattan Development Corp

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

Is Lower Manhattan Development Corp’s Pay Competitive? Salary Benchmarking Analysis

How does Lower Manhattan Development Corp’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
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60k
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Average Salary ($/year)
Lower Manhattan Development Corp
Edu., Gov't. & Nonprofit
Community Foundation of North Central Wisconsin
Minnesota Law
Industry Comparison
Our data shows that, on average, compensation at Lower Manhattan Development Corp is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 9%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lower Manhattan Development Corp average annual salary with several similar companies. Lower Manhattan Development Corp average salary of $105,385 is higher than Community Foundation of North Central Wisconsin, which has an average salary of $83,150. It is higher than Minnesota Law, with their average salary at $91,557. This places Lower Manhattan Development Corp in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Lower Manhattan Development Corp's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Lower Manhattan Development Corp. Click a company name to learn more.

Employee Reviews: Working at Lower Manhattan Development Corp

Considering a career at Lower Manhattan 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.
A truly outstanding group of professionals. Fair compensation and transparent processes. The company supports employee growth through training, mentorship, and clear communication. Overall, it’s a job that serves its purpose but doesn’t inspire passion. Management is generally responsive, and departments work well together.
Commented in March 19, 2025
19
3
Inclusive environment with diverse perspectives. The organization offers opportunities to learn and grow, and leadership generally supports career advancement. The compensation structure recognizes experience and advanced degrees fairly. Discreet and ethical. Training programs are solid, and leadership encourages feedback and innovation. Overall, it’s a solid organization for anyone looking to con...
Commented in November 07, 2024
44
0
Inclusive and progressive work environment. Stability, purpose, and support define this job. Great experience working with a well-structured, mission-driven organization. Customized training.
Commented in March 31, 2024
20
2

Lower Manhattan Development Corp Overview

Website
www.renewnyc.com
Founded In
2001
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
22 Cortlandt St New York City New York NY 10007
Revenue
$5 Million - $10 Million
Phone Number
+1 2129622300
Social Media
About Lower Manhattan Development Corp
The Lower Manhattan Development Corporation was formed in November 2001, following the September 11 attacks, to plan the reconstruction of Lower Manhattan and distribute nearly $10 billion in federal funds aimed at rebuilding downtown Manhattan. It is a subsidiary of the Empire State Development Corporation, which is a New York state public-benefit corporation.

What Benefits Does Lower Manhattan Development Corp Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lower Manhattan 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 New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at Lower Manhattan Development Corp.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from Lower Manhattan Development Corp, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of Lower Manhattan 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) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lower Manhattan Development Corp

1. What is the typical salary range (low to high) for most roles at Lower Manhattan Development Corp?

The typical annual salary range for most roles at Lower Manhattan Development Corp is approximately from $92,158 to $120,586. 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. How much does Lower Manhattan Development Corp pay compared to Community Foundation of North Central Wisconsin?

The average annual salary at Lower Manhattan Development Corp is $105,385, or an hourly wage of $51, in comparison to Community Foundation of North Central Wisconsin which pays $83,150 per year or $40 per hour.

3. Do salaries differ significantly between departments at Lower Manhattan Development Corp?

Yes, salaries often differ between departments at Lower Manhattan Development Corp due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Lower Manhattan Development Corp?

Experience level is a significant factor in determining salary at Lower Manhattan Development Corp, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Lower Manhattan Development Corp in New York is fair given the local cost of living?

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

6. Are the salaries listed for Lower Manhattan Development Corp on Salary.com pre-tax or after-tax?

All salary figures displayed for Lower Manhattan Development Corp, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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