Petra Development Salary

Petra Development Salary

How much does the Petra Development Pay for employees?

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As of July 2026, the average annual salary for employees at Petra Development in the United States is $94,426. This translates to an approximate hourly wage of $45. Salaries at Petra Development typically range from $82,994 to $106,831 annually, reflecting the diverse roles and experience levels within the company. Petra Development’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 Petra Development Pay for Different Roles?

Explore detailed salary information for specific jobs at Petra Development. 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 Petra Development

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

Is Petra Development’s Pay Competitive? Salary Benchmarking Analysis

How does Petra Development’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)
Petra Development
Business Services
Kontech USA Inc
The Bluestone Organization
Industry Comparison
Our data shows that, on average, compensation at Petra Development is below the average for the U.S. Business 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 Petra Development average annual salary with several similar companies. Petra Development average salary of $94,426 is lower than Kontech USA Inc, which has an average salary of $105,374. It is lower than The Bluestone Organization, with their average salary at $105,912. This places Petra Development 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.

How Petra Development's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Petra Development

Considering a career at Petra Development? 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.
Even as the company grows, it maintains a close-knit, supportive feel. Colleagues are collaborative, and diversity is celebrated across teams. It’s a motivating environment to grow in. Knowing your colleagues personally improves collaboration and overall morale significantly, making it a great place to contribute.
Commented in April 21, 2025
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The work environment is diverse and inclusive, fostering collaboration and shared success. I’ve had the opportunity to work on high-impact projects with intelligent, driven colleagues. Leadership supports growth and learning. Frequent team-building events enhance morale. Employees globally, there are always new roles opening up across different business units. Everyone is approachable, and there’s...
Commented in January 10, 2025
9
1
Our team meetings are efficient and purposeful. Change happens and innovation isn’t a strong focus. This respect for employees’ personal lives is a significant and valued benefit. Cross-functional collaboration is a norm, which helps build a strong network and mutual trust. I am constantly learning from the talented individuals around me.
Commented in March 28, 2024
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Petra Development Overview

Website
www.livepetra.com
Founded In
2003
Employees
<25 employees
Industry
Business Services
Headquarter Address
3003 27th Ave S Minneapolis Minnesota MN 55406
Revenue
$5 Million - $10 Million
Phone Number
+1 6127227227
Social Media
About Petra Development
PETRA is a developer of luxury homes and condominiums in the Washington, DC area with a focus on integrity and craftsmanship. We carefully select properties that have great promise and allow us to fulfill on their design potential. Our completed projects are breathtaking in form, function and execution down to the smallest detail. At PETRA, we believe that how we do business is as important as the

What Benefits Does Petra Development Offer Beyond Salary?

A competitive compensation package is more than just a salary. Petra Development 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Petra Development.
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 Petra Development, 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 Petra Development 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 Petra Development

1. What is the estimated average total compensation at Petra Development?

Salary.com estimates that the average total compensation package at Petra Development, which can include base salary, potential bonuses, and benefits, is around $94,426 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Petra Development pay compared to Kontech USA Inc?

The average annual salary at Petra Development is $94,426, or an hourly wage of $45, in comparison to Kontech USA Inc which pays $105,374 per year or $51 per hour.

3. Do salaries differ significantly between departments at Petra Development?

Yes, salaries often differ between departments at Petra Development 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Petra Development?

Salary progression from an entry-level to a senior role at Petra Development can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Petra Development in Minneapolis is fair given the local cost of living?

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

6. Are promotions at Petra Development usually accompanied by a significant salary increase?

Yes, promotions at Petra Development are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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