| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Megawall Inc | $86,462 |
+3.8%
|
Reflects a supply-demand imbalance for the specific talent Megawall Inc targets. |
| Alloy Hardfacing | $93,740 |
+12.5%
|
Adjusted for higher cost-of-living indices in Alloy Hardfacing's primary metro hubs. |
| Elevator Industries Inc | $93,708 |
+12.5%
|
Data suggests Elevator Industries Inc's workforce skews heavily towards veteran, high-tenure roles. |
| Copper State Rubber | $91,008 |
+9.2%
|
Driven by niche technical certifications required for Copper State Rubber's specialized projects. |
| MFG Durable Industry | $121,746 |
+46.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$86,462 / year
Salary Range: $76,158 - $97,563
Comstock Park, MI
$93,740 / year
Salary Range: $82,563 - $105,770
Jordan, MN
$93,708 / year
Salary Range: $82,536 - $105,746
Chicago, IL
$91,008 / year
Salary Range: $80,153 - $102,685
Houston, TX
$82,274 / year
Salary Range: $72,465 - $92,844
Muncie, IN
$93,835 / year
Salary Range: $82,646 - $105,880
Hudson, MA
$115,385 / year
Salary Range: $101,596 - $130,243
Newark, CA
$81,800 / year
Salary Range: $72,053 - $92,308
Hampton, VA
$84,795 / year
Salary Range: $74,683 - $95,673
Appleton, WI
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 - $1,200+ | A significant portion of Custom Tool & Machine Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $220 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (Valley Metro monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $370 - $550 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $300 - $600+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $350 - $650+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $1,990 - $3,220+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Custom Tool & Machine Inc pays its employees an average of $83,319 per year. The average salary at Custom Tool & Machine Inc range from $73,382 to $94,015 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 Custom Tool & Machine Inc is lesser than the similar company. The average annual salary at Custom Tool & Machine Inc is $83,319, or an hourly wage of $40, in comparison to Megawall Inc which pays $86,462 per year or $42 per hour.
In many roles at Custom Tool & Machine 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.
Roanoke's Cost of Living Index is approximately 83.2 (16.8% less expensive than US average; 20.1% less than VA average). This significantly impacts the purchasing power of a salary from Custom Tool & Machine Inc based there. Our "Cost of Living Insights for Roanoke" module details this impact, helping you assess the 'real feel' value of your compensation.
Custom Tool & Machine 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 Custom Tool & Machine Inc" section on this page.
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