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LR Development Co Salary

LR Development Co Salary

How much does the LR Development Co Pay for employees?

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As of October 2026, the average hourly salary for employees at LR Development Co in the United States is $48. This translates to an approximate annual wage of $99,868. Salaries at LR Development Co typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company. LR Development Co’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 LR Development Co

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

Is LR Development Co’s Pay Competitive? Salary Benchmarking Analysis

How does LR Development Co’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
180k
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90k
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Average Salary ($/year)
LR Development Co
Business Services
BENTENG( INTERNATIONAL) Ltd
Schools Development Authority
Industry Comparison
Our data shows that, on average, compensation at LR Development Co is below the average for the U.S. Business Services industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared LR Development Co average annual salary with several similar companies. LR Development Co average salary of $99,868 is lower than BENTENG( INTERNATIONAL) Ltd, which has an average salary of $108,549. It is lower than Schools Development Authority, with their average salary at $107,832. This places LR Development Co in a developing position among its peers.
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Companies Similar to LR Development Co and Their Hourly Pay Rates

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

Employee Reviews: Working at LR Development Co

Considering a career at LR Development Co? 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 management team is transparent and genuinely cares about employee satisfaction. Customer-focused approach. I’ve grown professionally and personally. It feels good to be rewarded fairly for my contributions. Companytraining programs ensure consistent quality across all teams.
Commented in April 04, 2025
8
0
Trustworthy and dependable. The company is great at adapting to market changes. The company offers a collaborative environment. Teams communicate well, using modern tools and inclusive practices. Overall a competent environment with reasonable expectations. Meaningful work and good guidance. Performance is regularly acknowledged through feedback and recognition programs.
Commented in March 20, 2025
13
2
Generous PTO that we're actually encouraged to use. Tasks are predictable, and deadlines are reasonable. My time here has been consistent.
Commented in June 16, 2024
14
1
The flexibility, recognition, and fairness in evaluations create a motivating atmosphere. This fosters a collaborative environment where the best ideas can come from anywhere. The understanding and flexibility shown towards parents is a huge plus.
Commented in January 03, 2024
36
2

LR Development Co Overview

Website
www.lrrealty.com
Founded In
1988
Employees
50 - 100 employees
Industry
Business Services
Headquarter Address
350 W Hubbard St Chicago Illinois IL 60654
Revenue
$10 Million - $50 Million
Phone Number
+1 3125957400
Social Media
About LR Development Co
LR Development Company creates innovative and timeless residential properties that enrich communities. Known for its significant new developments in prime locations, such as Park Tower, 840 North Lake Shore Drive and 340 on the Park, a cornerstone of the new Lakeshore East community; as well as Roosevelt Square, a mixed-use, mixed-income community bordered by Taylor Street and Roosevelt Road. Addi

What Benefits Does LR Development Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. LR Development Co 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 LR Development Co.
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 LR Development Co, 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 LR Development Co 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 LR Development Co

1. How much does LR Development Co in the United States pay?

LR Development Co pays its employees an average of $48 per hour. The average salary at LR Development Co range from $42 to $54 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. Do LR Development Co employees get a higher salary than its peer company?

The salary at LR Development Co is lesser than its peer company. The average annual salary at LR Development Co is $99,868, or an hourly wage of $48, in comparison to BENTENG( INTERNATIONAL) Ltd which pays $108,549 per year or $52 per hour.

3. How much does salary increase with years of experience at LR Development Co?

Salary progression with years of experience at LR Development Co 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 LR Development Co vary by office location?

Yes, it's very likely that salaries at LR Development Co 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 Chicago section provides more context.

5. Does LR Development Co offer good benefits?

LR Development Co 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 LR Development Co" section on this page.

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