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Real Estate Development Director Salary
in Harwood Heights, Illinois

This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.

$166,783 (USD)

Average Salary

$80/hr

Average Hourly

$10,057

Average Bonus

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Salary Recap

The average pay for a Real Estate Development Director is $166,783 a year and $80 an hour in Harwood Heights, Illinois, United States. The average salary range for a Real Estate Development Director is between $114,747 and $203,642. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Harwood Heights, Illinois.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Find actuarial salary survey data and benchmark salary and pay.

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Salary Potential

Estimated salary in 2029:
$187,341
5 Year Change:
12 %

Shift Differentials

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About Harwood Heights, Illinois

Harwood Heights Cost of Living Score:

Description: Harwood Heights is a village in Cook County, Illinois, United States. The population was 9,065 at the 2020 census. Harwood Heights and its neighbor Norridge form an enclave surrounded by the city of Chicago.
Description:
  • Plans the construction of new developments.
  • Oversees the daily operations of a development project and supervises the activities of real estate development managers.
  • Visits and evaluates geographic sites to be developed for new use as residential or commercial development.
  • Identifies land or existing buildings available for purchase and determines the feasibility of development.
  • Heads the governmental approval process to obtain project permits and entitle properties.
  • Transitions development projects from acquisition to construction and delivery phase.
  • Sells or leases developed real estate properties.
  • Performs market and financial analyses, creates Pro-forma models, establishes a budget for construction, and secures public and private financial sources for the project.

Real Estate Development Director Job Listings for

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Salary Recap

The average pay for a Real Estate Development Director is $166,783 a year and $80 an hour in Harwood Heights, Illinois, United States. The average salary range for a Real Estate Development Director is between $114,747 and $203,642. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Harwood Heights, Illinois.

ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

Find actuarial salary survey data and benchmark salary and pay.

Powered by ERI's Database

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Job Statistics

Real Estate Development Director Job Prevalence in the United States

Job family: Property, Real Estate, and Community Association Managers

Job family population: 284,120

Estimated population of Real Estate Development Director jobs: 14,348

Rate of error: 1.1%

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Real Estate Development Director
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Harwood Heights Cost of Living Score:

Description: Harwood Heights is a village in Cook County, Illinois, United States. The population was 9,065 at the 2020 census. Harwood Heights and its neighbor Norridge form an enclave surrounded by the city of Chicago.
Description:
  • Plans the construction of new developments.
  • Oversees the daily operations of a development project and supervises the activities of real estate development managers.
  • Visits and evaluates geographic sites to be developed for new use as residential or commercial development.
  • Identifies land or existing buildings available for purchase and determines the feasibility of development.
  • Heads the governmental approval process to obtain project permits and entitle properties.
  • Transitions development projects from acquisition to construction and delivery phase.
  • Sells or leases developed real estate properties.
  • Performs market and financial analyses, creates Pro-forma models, establishes a budget for construction, and secures public and private financial sources for the project.
No listings found

Take the guess work out of setting pay

Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.

You May Also Like

White Papers

National Compensation Forecast October 2024
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ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
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Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
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Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
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Explore our most popular jobs
View our most popular salary searches and other resources