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Drake Equipment Salary

Drake Equipment Salary

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As of September 2026, the average annual salary for employees at Drake Equipment in the United States is $87,517. This translates to an approximate hourly wage of $42. Salaries at Drake Equipment typically range from $77,084 to $98,746 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Drake Equipment Pay for Different Roles?

Explore detailed salary information for specific jobs at Drake Equipment. Based on our data, the highest paying job is the Sales Manager, with an annual salary of $106,504. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Drake Equipment’s Pay Competitive? Salary Benchmarking Analysis

How does Drake Equipment'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
X-Microwave LLC $86,884
-0.7%
Confirms X-Microwave LLC is a direct competitor vying for the exact same talent pool.
All-Steel Fabricating Co Inc $92,253
+5.4%
Influenced by prevailing union wage agreements specific to All-Steel Fabricating Co Inc's sector.
Mayfield Machine & Tool Inc $77,454
-11.5%
Normalized for lower cost-of-living zones where Mayfield Machine & Tool Inc primarily operates.
Roto Industries Inc $99,499
+13.7%
Supported by Roto Industries Inc's high-margin contracts allowing higher overhead.
MFG Durable Industry $121,746
+39.1%
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.

How Drake Equipment's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Drake Equipment. Click a company name to learn more.

Employee Reviews: Working at Drake Equipment

Considering a career at Drake Equipment? 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.
You’ll stay busy, but it’s not usually overwhelming unless someone is out. The culture emphasizes problem-solving and accountability, and recognition is regularly given for performance. You’re given responsibility and support at the same time. Training was thorough, and support continued afterward.
Commented in March 04, 2025
35
1
The career growth opportunities are outstanding. On the upside, the job is low-stress, and the hours are steady. Production schedules are realistic, and the team works together with purpose. This variety ensures that every one can find a niche and develop specialized skills. Supervisors are approachable, and new ideas are always welcomed during team meetings or project updates. Competitive pay and...
Commented in December 22, 2024
32
3
Scheduling is predictable, and the pay is competitive with the industry. Environment is okay—neither too challenging nor too easy. Leadership encourages professional growth and provides opportunities for advancement through internal promotions. The workplace encourages teamwork and respect, fostering a positive environment.
Commented in July 16, 2024
37
0

Drake Equipment Overview

Website
www.drakeequipment.com
Founded In
1937
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2235 S 19th Ave Phoenix Arizona AZ 85009
Revenue
<$5 Million
Phone Number
+1 6022782552
Social Media
About Drake Equipment
Drake Equipment was founded in 1993 by Dave Drake, whose family started in the truck body business dating back to 1937. Drake is a leading provider of commercial utility service bodies to customers throughout the Southwest. The company manufactures many of its products in-house and sells them directly to the end-user through company-owned locations in Phoenix and Las Vegas, as well as through a ne

What Benefits Does Drake Equipment Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drake Equipment 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 Phoenix?

Understanding the cost of living near Phoenix is key to truly evaluating a salary offer or your current compensation at Drake Equipment.
Phoenix's Cost of Living Index is approximately 103.7 (3.7% more expensive than US average; 0.5% more than AZ average). Housing costs are the primary driver for being above US average, along with transportation. When planning your budget based on a salary from Drake Equipment, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Drake Equipment salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $64 (Valley Metro Monthly Pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $600 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,664 - $4,244+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Drake Equipment

1. What is the typical salary range (low to high) for most roles at Drake Equipment?

The typical annual salary range for most roles at Drake Equipment is approximately from $77,084 to $98,746. 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. How much does Drake Equipment pay compared to X-Microwave LLC?

The average annual salary at Drake Equipment is $87,517, or an hourly wage of $42, in comparison to X-Microwave LLC which pays $86,884 per year or $42 per hour.

3. Do salaries differ significantly between departments at Drake Equipment?

Yes, salaries often differ between departments at Drake Equipment due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Drake Equipment?

Experience level is a significant factor in determining salary at Drake Equipment, 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.

5. How can I determine if a salary offer from Drake Equipment in Phoenix is fair given the local cost of living?

To determine if a salary offer from Drake Equipment in Phoenix is fair, first compare the gross salary to our data for similar roles at Drake Equipment and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Phoenix" to understand its purchasing power.

6. Why might an individual's actual salary at Drake Equipment differ from the ranges shown here?

An individual's actual salary at Drake Equipment can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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