Residco Salary

Residco Salary

How much does the Residco Pay for employees?

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As of August 2026, the average weekly salary for employees at Residco in the United States is $1,828. This translates to an approximate annual wage of $95,080. Salaries at Residco typically range from $1,608 to $2,068 weekly, reflecting the diverse roles and experience levels within the company. Residco’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 Residco Pay for Different Roles?

Explore detailed salary information for specific jobs at Residco. 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 Residco

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

Is Residco’s Pay Competitive? Salary Benchmarking Analysis

How does Residco’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
180k
150k
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90k
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Average Salary ($/year)
Residco
Retail & Wholesale
Jensen Tire
Timber Creek Home Sales
Industry Comparison
Our data shows that, on average, compensation at Residco is below the average for the U.S. Retail & Wholesale industry by approximately 23%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Residco average annual salary with several similar companies. Residco average salary of $95,080 is lower than Jensen Tire, which has an average salary of $103,697. It is higher than Timber Creek Home Sales, with their average salary at $83,593. This places Residco in a mid-range position among its peers.
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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 Residco's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Residco

Considering a career at Residco? 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 work atmosphere is energetic, and leadership is inspiring. Overall, it’s a great place to grow your career while contributing to a dynamic industry. The company culture is welcoming, and the benefits are competitive. Career growth is possible, and the overall atmosphere is motivating. Coworkers are knowledgeable and create a positive work atmosphere. The retail side can be demanding, but the s...
Commented in April 30, 2025
49
1
The wholesale division is well-managed, and communication is clear. There are plenty of opportunities for advancement if you’re willing to put in the effort. A supportive workplace with a focus on collaboration. The company provides adequate training, and the workload is reasonable. The work environment is dynamic, with clear communication and opportunities to contribute meaningfully.
Commented in February 25, 2025
14
1
A job with standard benefits. The management team is approachable and listens to feedback, making adjustments when needed. The team is energetic, and collaboration is strong across departments.
Commented in January 08, 2025
44
1

Residco Overview

Website
www.residco.com
Founded In
1982
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
70 W Madison St Chicago Illinois IL 60602
Revenue
<$5 Million
Phone Number
+1 3127260695
Social Media
About Residco
RESIDCO specializes in the sale, lease, and finance of transportation equipment. This field demands a unique combination of disciplines and skills: remarketing, equity and debt placement, leasing, and most importantly, expertise in transportation equipment market values. RESIDCO's professionals have closed well over one billion dollars of transactions involving commercial aircraft, railcars and lo

What Benefits Does Residco Offer Beyond Salary?

A competitive compensation package is more than just a salary. Residco 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 Residco.
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 Residco, 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 Residco 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 Residco

1. How much does Residco in the United States pay?

Residco pays its employees an average of $95,080 per year. The average salary at Residco range from $83,617 to $107,514 per year. 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 Residco employees get a higher salary than its peer company?

The salary at Residco is lesser than its peer company. The average annual salary at Residco is $95,080, or an hourly wage of $46, in comparison to Jensen Tire which pays $103,697 per year or $50 per hour.

3. What are the highest paying jobs at Residco?

The higher-paying job at Residco, according to our data, include Chief Financial Officer (avg. $383,718 per year), General Counsel (avg. $335,384 per year), and Director, Capital Markets (avg. $116,590 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Residco?

Salary progression with years of experience at Residco 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.

5. Do salaries at Residco vary by office location?

Yes, it's very likely that salaries at Residco 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.

6. Does Residco offer good benefits?

Residco 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 Residco" section on this page.

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