Banks Aerospace Inc Salary

As of August 2026, the average annual salary for employees at Banks Aerospace Inc in the United States is $91,293. This translates to an approximate hourly wage of $44. Salaries at Banks Aerospace Inc typically range from $80,355 to $103,112 annually, reflecting the diverse roles and experience levels within the company.
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Is Banks Aerospace Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Banks Aerospace Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
19th Airlift Wing $84,627
-7.3%
Reflects market rates for standard general contracting, differing from specialized roles.
SuperSonic Group $105,417
+15.5%
Adjusted for higher cost-of-living indices in SuperSonic Group's primary metro hubs.
htmlHAWK WING INTERNATIONAL LLC $91,873
+0.6%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Co Drone Works LLC $94,826
+3.9%
Influenced by prevailing union wage agreements specific to Co Drone Works LLC's sector.
MFG Durable Industry $121,746
+33.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Banks Aerospace Inc

Considering a career at Banks Aerospace Inc? 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.
Training is provided but and it can meet specific job needs. Time-off policies and healthcare coverage are especially appreciated among the production team. Communication is average, with occasional lapses. Career advancement opportunities are present. We have regular meetings where we can share ideas or concerns.
Leadership is accessible and responsive to employee feedback. This dedication makes me proud to be part of their team. Everyone knows their role clearly.
Training is comprehensive, and cross-department collaboration is strong. Safety is a top priority, with strict protocols well enforced to ensure a secure workplace. Friendly environment with respectful and helpful coworkers. It feels good to be recognized for our efforts. Expectations are communicated clearly, and leadership takes the time to support staff with resources and tools. The team is ski...
A clean, safe facility with well-maintained equipment. Being part of a forward-thinking organization is exciting. The workplace is professional, though camaraderie is minimal.
Tools are provided, but upgrades are infrequent. Work can be repetitive, with occasional high-pressure periods during peak production. The work is repetitive but predictable, which suits some people.

Banks Aerospace Inc Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
13640 W Colonial Dr Winter Garden Florida FL 34787
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Banks Aerospace Inc
Banks Aerospace Inc is a company that operates in the Airlines/Aviation industry. It employs 51-100 people and has $50M-$100M of revenue. The company is headquartered in Winter Garden, Florida.

What Benefits Does Banks Aerospace Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Banks Aerospace Inc 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 Orlando?

Understanding the cost of living near Orlando is key to truly evaluating a salary offer or your current compensation at Banks Aerospace Inc.
Orlando's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 0.4% more than FL average). Major tourist destination, growing population, housing costs above US average. LYNX bus/SunRail. When planning your budget based on a salary from Banks Aerospace Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Banks Aerospace Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $270 Electricity, Heating, Cooling, Water etc.
Public Transportation $50 (LYNX monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,800 - $4,420+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Banks Aerospace Inc

1. How much does a Banks Aerospace Inc employee make?

Banks Aerospace Inc pays its employees an average of $91,293 per year. The average salary at Banks Aerospace Inc range from $80,355 to $103,112 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. Which similar company tend to pay more or less than Banks Aerospace Inc?

The salary at Banks Aerospace Inc is higher than the similar company. The average annual salary at Banks Aerospace Inc is $91,293, or an hourly wage of $44, in comparison to 19th Airlift Wing which pays $84,627 per year or $41 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Banks Aerospace Inc?

In many roles at Banks Aerospace Inc, 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.

4. How does the cost of living near Orlando affect the perceived value of a Banks Aerospace Inc salary?

Orlando's Cost of Living Index is approximately 103.5 (3.5% more expensive than US average; 0.4% more than FL average). This significantly impacts the purchasing power of a salary from Banks Aerospace Inc based there. Our "Cost of Living Insights for Orlando" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Banks Aerospace Inc typically offer employees?

Banks Aerospace Inc 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 Banks Aerospace Inc" section on this page.