Terrace Communities Salary

How much does the Terrace Communities Pay for employees?

As of August 2026, the average annual salary for employees at Terrace Communities in the United States is $86,040. This translates to an approximate hourly wage of $41. Salaries at Terrace Communities typically range from $75,233 to $98,441 annually, reflecting the diverse roles and experience levels within the company. Terrace Communities’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 Terrace Communities Pay for Different Roles?

Explore detailed salary information for specific jobs at Terrace Communities. 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 Terrace Communities

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

Is Terrace Communities’s Pay Competitive? Salary Benchmarking Analysis

How does Terrace Communities’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)
Terrace Communities
Edu., Gov't. & Nonprofit
Magnolia Springs Louisville
MICA Project
Industry Comparison
Our data shows that, on average, compensation at Terrace Communities is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 25%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Terrace Communities average annual salary with several similar companies. Terrace Communities average salary of $86,040 is higher than Magnolia Springs Louisville, which has an average salary of $79,637. It is higher than MICA Project, with their average salary at $84,605. This places Terrace Communities in a competitive position among its peers.
See Your True Competitors
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Employee Reviews: Working at Terrace Communities

Considering a career at Terrace Communities? 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.
Leadership fosters an inclusive environment where every voice matters. Meaningful projects improve community services and education outcomes. The public service mission makes the work feel important, and that’s a huge motivator for me. Transformed our managers into confident leaders.
Benefits are solid, but salaries lag behind private sector counterparts. Structure exists without being stifling. Leadership encourages innovation and learning. Innovation is minimal, and change takes time. It’s a place where you can make a difference. Leadership fosters an open-door policy and encourages feedback.
Projects are well-structured, with plenty of cross-department collaboration. Leadership fosters respect and inclusivity. The professional development programs are outstanding - I've grown more here in three years than in a decade elsewhere. Leadership listens but acts take time.

Terrace Communities Overview

Website
www.terracecommunities.com
Founded In
2000
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
129 Lincoln Ave Manchester Center Vermont VT 05255
Revenue
<$5 Million
Phone Number
+1 8023624660
Social Media
About Terrace Communities
Terrace Communities provide assisted living facilities and retirement homes to seniors in NH, VT, Florida, & Maine.

What Benefits Does Terrace Communities Offer Beyond Salary?

A competitive compensation package is more than just a salary. Terrace Communities 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 Burlington?

Understanding the cost of living near Burlington is key to truly evaluating a salary offer or your current compensation at Terrace Communities.
Burlington's Cost of Living Index is approximately 118.5 (18.5% more expensive than US average; 11.7% more than VT average). Largest VT city (UVM), desirable, Lake Champlain, high housing costs. GMT bus. When planning your budget based on a salary from Terrace Communities, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,600 - $2,400+ A significant portion of Terrace Communities salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GMT monthly pass, free for UVM) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $670 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $410 - $760+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,100 - $4,860+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Terrace Communities

1. How much does Terrace Communities in the United States pay?

Terrace Communities pays its employees an average of $86,040 per year. The average salary at Terrace Communities range from $75,233 to $98,441 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 Terrace Communities employees get a higher salary than its peer company?

The salary at Terrace Communities is higher than its peer company. The average annual salary at Terrace Communities is $86,040, or an hourly wage of $41, in comparison to Magnolia Springs Louisville which pays $79,637 per year or $38 per hour.

3. What are the highest paying jobs at Terrace Communities?

The higher-paying job at Terrace Communities, according to our data, include Chief Operating Officer (avg. $388,533 per year), Vice President, Facilities (avg. $181,418 per year), and Executive Director (avg. $157,219 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

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

Salary progression with years of experience at Terrace Communities 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 Terrace Communities vary by office location?

Yes, it's very likely that salaries at Terrace Communities 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 Burlington section provides more context.

6. Does Terrace Communities offer good benefits?

Terrace Communities 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 Terrace Communities" section on this page.