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Corporate Counsel Salary in Fargo, ND

How much does a corporate counsel make in Fargo? Explore median, entry-level, and senior salaries adjusted for Fargo's cost of living.

Median Salary
$103,320
per year in Fargo
Entry Level
$56,659
Starting salary
Senior Level
$173,311
Experienced professionals
Cost of Living
105
5% above national avg

Salary Breakdown by Experience Level

See how corporate counsel salaries break down across different pay periods in Fargo.

PeriodEntry LevelMedianSenior
Annual$56,659$103,320$173,311
Monthly$4,722$8,610$14,443
Biweekly$2,179$3,974$6,666
Weekly$1,090$1,987$3,333
Hourly$27$50$83

Fargo vs National Average

How Fargo's corporate counsel salaries compare to national figures.

Fargo Salary
$103,320
COL Index: 105
National Average
$125,270
COL Index: 100
Difference
-$21,950
Lower in Fargo

Cost of Living in Fargo

1-Bedroom Rent
$1,450
per month
Median Income
$62,456
per year
Population
140,576
residents
Rent % of Income
27.9%
median household
Cost of Living Index: 105 — A score of 100 represents the U.S. average. Salaries in Fargo have been adjusted to account for local cost differences.

About Corporate Counsel

Overview

Provide legal advice and representation for corporations.

Education

Juris Doctor (JD) and Bar license; corporate experience required

Key Skills

Corporate LawLegal CounselNegotiationRisk Management

Growth Rate

Expected job growth: +17% over the next decade

Compare Cities: Corporate Counsel Salary

See Corporate Counsel salaries in other top cities.

New York, NY
$203,450
+97%
Los Angeles, CA
$205,900
+99%
Chicago, IL
$166,090
+61%
Houston, TX
$139,460
+35%
Phoenix, AZ
$135,600
+31%

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Corporate Counsel Salary in Fargo, ND — Complete Guide

Median Salary Overview

The median salary for a corporate counsel in Fargo, ND is $103,320 per year, adjusted for the local cost of living index of 105. This figure reflects typical earnings for experienced professionals in this role, considering Fargo's unique economic conditions.

Salary Range and Experience Levels

Entry-level corporate counsel professionals in Fargo can expect to earn around $56,659 annually. As professionals gain experience, salaries typically increase, with senior-level corporate counsels earning approximately $173,311 per year. This represents a 206% increase from entry to senior level.

Cost of Living Adjustment

Fargo's cost of living index of 105 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Fargo are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $125,270, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a corporate counsel's salary in Fargo typically goes toward housing. With a 1-bedroom apartment averaging $1,450 per month, housing represents about 16.8% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Corporate Counsels are in growing demand across the United States, with an expected job growth of 17% over the next decade. In Fargo, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.