Millrace Asset Group Salary

How much does the Millrace Asset Group Pay for employees?

As of September 2026, the average annual salary for employees at Millrace Asset Group in the United States is $94,246. This translates to an approximate hourly wage of $45. Salaries at Millrace Asset Group typically range from $82,664 to $106,794 annually, reflecting the diverse roles and experience levels within the company. Millrace Asset Group’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 Millrace Asset Group Pay for Different Roles?

Explore detailed salary information for specific jobs at Millrace Asset Group. 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 Millrace Asset Group

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

Is Millrace Asset Group’s Pay Competitive? Salary Benchmarking Analysis

How does Millrace Asset Group’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)
Millrace Asset Group
Financial Services
Center Parc Credit Union
Dubois-Pike Federal Credit Union
Industry Comparison
Our data shows that, on average, compensation at Millrace Asset Group is below the average for the U.S. Financial Services industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Millrace Asset Group average annual salary with several similar companies. Millrace Asset Group average salary of $94,246 is higher than Center Parc Credit Union, which has an average salary of $86,325. It is higher than Dubois-Pike Federal Credit Union, with their average salary at $80,049. This places Millrace Asset Group in a competitive position among its peers.
See Your True Competitors
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Employee Reviews: Working at Millrace Asset Group

Considering a career at Millrace Asset Group? 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.
However, the lack of variety sometimes makes the work feel stale over long periods. Challenges are met with solution-focused energy. This discipline saves countless hours. It’s refreshing to work where leadership promotes trust, teamwork, and professional autonomy. Management recognizes and rewards hard work through various incentives.
I feel empowered to make decisions in my role. Leaders support employee development through learning programs and mentorship. Professional membership fees are covered. Managers follow protocol closely but rarely push boundaries. My role has remained largely unchanged, which provides comfort. Office locations are convenient and accessible. Compensation and benefits are industry-leading, including p...
HR responds to inquiries quickly. Leadership is accessible and genuinely cares about employee well-being. The environment is calm, with few unexpected challenges. Trial periods allow testing new roles.

Millrace Asset Group Overview

Website
www.millraceasset.com
Founded In
2001
Employees
<25 employees
Industry
Financial Services
Headquarter Address
1205 Westlakes Dr Berwyn Pennsylvania PA 19312
Revenue
<$5 Million
Phone Number
+1 6102512820
Social Media
About Millrace Asset Group
Formed in 2001, Millrace Asset Group, Inc., specializes in investing in small and mid-sized capitalization companies. The firm conducts fundamental research in selecting and monitoring its investments. The investment team has particular expertise in investing in some of the most innovative sectors of the US economy including technology, business services, consumer and healthcare sectors.

What Benefits Does Millrace Asset Group Offer Beyond Salary?

A competitive compensation package is more than just a salary. Millrace Asset Group 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 Philadelphia?

Understanding the cost of living near Philadelphia is key to truly evaluating a salary offer or your current compensation at Millrace Asset Group.
Philadelphia's Cost of Living Index is approximately 101.2 (1.2% more expensive than US average; 4.2% more than PA average). Major historic city, housing varies by neighborhood but can be high in Center City. SEPTA. When planning your budget based on a salary from Millrace Asset Group, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,200+ A significant portion of Millrace Asset Group salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $96 (SEPTA TransPass monthly) 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 $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,866 - $4,566+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Millrace Asset Group

1. What is the typical salary range (low to high) for most roles at Millrace Asset Group?

The typical annual salary range for most roles at Millrace Asset Group is approximately from $82,664 to $106,794. 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 Millrace Asset Group pay compared to Center Parc Credit Union?

The average annual salary at Millrace Asset Group is $94,246, or an hourly wage of $45, in comparison to Center Parc Credit Union which pays $86,325 per year or $42 per hour.

3. How does experience level affect salary at Millrace Asset Group?

Experience level is a significant factor in determining salary at Millrace Asset Group, 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.

4. How can I determine if a salary offer from Millrace Asset Group in Philadelphia is fair given the local cost of living?

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

5. What factors influence salary increases at Millrace Asset Group?

Salary increases at Millrace Asset Group are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.