Silver Dollar Electric Salary

How much does the Silver Dollar Electric Pay for employees?

As of July 2026, the average annual salary for employees at Silver Dollar Electric in the United States is $96,356. This translates to an approximate hourly wage of $46. Salaries at Silver Dollar Electric typically range from $84,882 to $108,733 annually, reflecting the diverse roles and experience levels within the company. Silver Dollar Electric’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 Silver Dollar Electric Pay for Different Roles?

Explore detailed salary information for specific jobs at Silver Dollar Electric. 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 Silver Dollar Electric

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

Is Silver Dollar Electric’s Pay Competitive? Salary Benchmarking Analysis

How does Silver Dollar Electric’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)
Silver Dollar Electric
Construction
Convergent Technologies Design Group Inc
KRS Electric
Industry Comparison
Our data shows that, on average, compensation at Silver Dollar Electric is below the average for the U.S. Construction industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Silver Dollar Electric average annual salary with several similar companies. Silver Dollar Electric average salary of $96,356 is higher than Convergent Technologies Design Group Inc, which has an average salary of $90,797. It is higher than KRS Electric, with their average salary at $87,337. This places Silver Dollar Electric in a competitive 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 Silver Dollar Electric

Considering a career at Silver Dollar Electric? 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 environment is professional yet friendly, fostering creativity and innovation. A solid employer for those looking for routine, stability, and hands-on labor experience. Union rules and policies vary by region. Training and feedback are consistent, which helps new employees integrate quickly.
Career progression exists, but is rarely discussed. Leadership is accessible and supports career development, providing ample opportunities for growth and advancement in a competitive industry. Equipment is generally reliable, but some tools are outdated. Safety training is mandatory, but follow-through depends on supervisors.
It’s refreshing to work for a company that invests in its people as much as its projects. This thoughtful approach significantly enhances morale and contributes to a more sustainable and positive work experience for everyone on the team. There’s a strong sense of unity and pride in what we build together. I feel supported and challenged in equal measure, and the commitment to delivering quality re...

Silver Dollar Electric Overview

Website
www.silverdollarelectric.com
Founded In
2000
Employees
<25 employees
Industry
Construction
Headquarter Address
1226 Weverton Rd Knoxville Maryland MD 21758
Revenue
$5 Million - $10 Million
Phone Number
+1 3014738096
Social Media
About Silver Dollar Electric
We are an Electrical Contractor specializing in all aspects of Residential electrical projects. From Repairs and Renovations to new homes, we've got you covered. We have been servicing the Frederick and surrounding areas for the last 20 years.

What Benefits Does Silver Dollar Electric Offer Beyond Salary?

A competitive compensation package is more than just a salary. Silver Dollar Electric 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 Knoxville?

Understanding the cost of living near Knoxville is key to truly evaluating a salary offer or your current compensation at Silver Dollar Electric.
Knoxville's Cost of Living Index is approximately 86.7 (13.3% less expensive than US average; 3.9% less than TN average). Eastern TN city (Univ. of TN), affordable. KATbus. When planning your budget based on a salary from Silver Dollar Electric, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Silver Dollar Electric salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $45 (KAT monthly pass, free for UT) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,205 - $3,485+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Silver Dollar Electric

1. How much does Silver Dollar Electric in the United States pay?

Silver Dollar Electric pays its employees an average of $96,356 per year. The average salary at Silver Dollar Electric range from $84,882 to $108,733 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 Silver Dollar Electric employees get a higher salary than its peer company?

The salary at Silver Dollar Electric is higher than its peer company. The average annual salary at Silver Dollar Electric is $96,356, or an hourly wage of $46, in comparison to Convergent Technologies Design Group Inc which pays $90,797 per year or $44 per hour.

3. How much does salary increase with years of experience at Silver Dollar Electric?

Salary progression with years of experience at Silver Dollar Electric 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 Silver Dollar Electric vary by office location?

Yes, it's very likely that salaries at Silver Dollar Electric 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 Knoxville section provides more context.

5. Does Silver Dollar Electric offer good benefits?

Silver Dollar Electric 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 Silver Dollar Electric" section on this page.