| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Flatley Dock Systems Inc | $85,112 |
+2.1%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Creative Woodworking Concepts Inc | $82,886 |
-0.6%
|
Confirms Creative Woodworking Concepts Inc is a direct competitor vying for the exact same talent pool. |
| Sound Acoustic Solutions | $85,576 |
+2.6%
|
Reflects stabilized pricing equilibrium for commercial construction roles in this region. |
| Minnesota Bolt & Nut Co | $93,508 |
+12.1%
|
Driven by niche technical certifications required for Minnesota Bolt & Nut Co's specialized projects. |
| MFG Durable Industry | $121,746 |
+46.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$85,112 / year
Salary Range: $74,967 - $96,039
West Bend, WI
$82,886 / year
Salary Range: $73,006 - $93,527
Tarpon Springs, FL
$85,576 / year
Salary Range: $75,379 - $96,564
Solon, OH
$93,508 / year
Salary Range: $82,362 - $105,514
Minneapolis, MN
$84,943 / year
Salary Range: $74,820 - $95,856
Miami, FL
$94,373 / year
Salary Range: $83,122 - $106,489
Plymouth, MN
$81,198 / year
Salary Range: $71,521 - $91,625
Glenville, NC
$85,302 / year
Salary Range: $75,132 - $96,259
Cincinnati, OH
$86,356 / year
Salary Range: $76,066 - $97,441
Bloomfield, NY
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) | $1,000 - $1,500+ | A significant portion of Custom Sockets Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (The Rapid monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $380 - $560 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,210 - $3,580+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The typical annual salary range for most roles at Custom Sockets Inc is approximately from $73,437 to $94,088. 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 average annual salary at Custom Sockets Inc is $83,382, or an hourly wage of $40, in comparison to Flatley Dock Systems Inc which pays $85,112 per year or $41 per hour.
Experience level is a significant factor in determining salary at Custom Sockets Inc, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.
To determine if a salary offer from Custom Sockets Inc in Grand Rapids is fair, first compare the gross salary to our data for similar roles at Custom Sockets Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Grand Rapids" to understand its purchasing power.
Salary increases at Custom Sockets Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.
The trusted data and intuitive software your organization needs to get pay right.
Explore CompAnalyst ®Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data SetsReal-time global intelligence that empowers you to make competitive pay decisions and align offers with global trends.
SalaryIQTMIf your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning