$96,092 / year
Salary Range: $84,240 - $108,965
Detroit, MI
$95,269 / year
Salary Range: $83,526 - $108,038
West Bloomfield, MI
$96,198 / year
Salary Range: $84,332 - $109,087
Bingham Farms, MI
$95,016 / year
Salary Range: $83,297 - $107,745
Detroit, MI
$97,231 / year
Salary Range: $85,239 - $110,269
Saint Clair Shores, MI
$90,576 / year
Salary Range: $79,402 - $102,709
La Salle, MI
$96,841 / year
Salary Range: $84,900 - $109,818
Detroit, MI
$95,723 / year
Salary Range: $83,920 - $108,550
Troy, MI
$95,132 / year
Salary Range: $83,397 - $107,879
Bloomfield Hills, MI
$90,038 / year
Salary Range: $78,925 - $102,100
Hudsonville, MI
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $800 - $1,500+ (Highly variable) | A significant portion of Torch Holdings LLC salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $70 (DDOT/SMART monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $390 - $570 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $350 - $650+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,130 - $3,660+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Torch Holdings LLC pays its employees an average of $95,945 per year. The average salary at Torch Holdings LLC range from $84,112 to $108,806 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.
The salary at Torch Holdings LLC is lesser than the similar company. The average annual salary at Torch Holdings LLC is $95,945, or an hourly wage of $46, in comparison to N & R Holdings LLC which pays $96,092 per year or $46 per hour.
In many roles at Torch Holdings LLC, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). This significantly impacts the purchasing power of a salary from Torch Holdings LLC based there. Our "Cost of Living Insights for Detroit" module details this impact, helping you assess the 'real feel' value of your compensation.
Torch Holdings LLC generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Torch Holdings LLC" section on this page.
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