Novum Realty Salary

How much does the Novum Realty Pay for employees?

As of October 2026, the average annual salary for employees at Novum Realty in the United States is $95,554. This translates to an approximate hourly wage of $46. Salaries at Novum Realty typically range from $83,984 to $108,099 annually, reflecting the diverse roles and experience levels within the company. Novum Realty’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 Novum Realty Pay for Different Roles?

Explore detailed salary information for specific jobs at Novum Realty. 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.
How accurate does the salary look to you?

Current Job Openings at Novum Realty

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

Is Novum Realty’s Pay Competitive? Salary Benchmarking Analysis

How does Novum Realty’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)
Novum Realty
Business Services
Archie Schwartz Co
Ox Properties, A Subsidiary of Ox Group LLC
Industry Comparison
Our data shows that, on average, compensation at Novum Realty is below the average for the U.S. Business Services industry by approximately 21%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Novum Realty average annual salary with several similar companies. Novum Realty average salary of $95,554 is lower than Archie Schwartz Co, which has an average salary of $99,953. It is lower than Ox Properties, A Subsidiary of Ox Group LLC, with their average salary at $100,069. This places Novum Realty in a developing 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.

Employee Reviews: Working at Novum Realty

Considering a career at Novum Realty? 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.
They don’t just follow trends—they help us stay ahead. The company culture actively promotes inclusivity and celebrates diverse perspectives, making it a welcoming place for everyone. It demonstrates a true investment in developing talent from within the company, which is greatly appreciated by all employees. Career mobility exists but often requires switching departments.
It’s a refreshing and motivating environment to be a part of every day. I’ve had the chance to take on challenging assignments that have helped me grow professionally. I never feel guilty about taking time off when needed, and the culture actively discourages burnout.
Innovative solutions. We celebrate successes together, and there's a strong emphasis on mutual respect. Great place to work with excellent benefits and professional development programs. It’s a motivating and respectful work environment. The training and development opportunities are excellent. This company excels at fostering an inclusive and dynamic work environment where people are empowered to...

Novum Realty Overview

Website
www.novumrealty.com
Founded In
2019
Employees
<25 employees
Industry
Business Services
Headquarter Address
60 S 6th St Minneapolis Minnesota MN 55402
Revenue
<$5 Million
Phone Number
+1 9524491152
Social Media
About Novum Realty
Novum Realty - Real Estate Brokerage advising clients on real estate journeys in residential, commercial, or mixed-use properties.

What Benefits Does Novum Realty Offer Beyond Salary?

A competitive compensation package is more than just a salary. Novum Realty 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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How Much Should You Be Earning?

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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 Novum Realty.
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 Novum Realty, 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 Novum Realty 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 Novum Realty

1. What is the average salary for employees at Novum Realty?

The average annual total compensation for employees at Novum Realty is approximately $95,554. However, this is an aggregate figure, actual salaries can range significantly, typically from $83,984 to $108,099, depending on factors like job role, experience, and location.

2. How much does Novum Realty pay compared to Archie Schwartz Co?

The average annual salary at Novum Realty is $95,554, or an hourly wage of $46, in comparison to Archie Schwartz Co which pays $99,953 per year or $48 per hour.

3. What is the lowest salary at Novum Realty?

The lowest-paying job at Novum Realty is a Member, Team with a salary of $21,747 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Novum Realty?

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

5. Does Novum Realty offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Novum Realty, 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.

6. What's the typical process for salary reviews and raises at Novum Realty?

Most companies, likely including Novum Realty, 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.