| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Xcessories | $84,595 |
-13.1%
|
Xcessories operates with a leaner overhead structure, impacting base wage offers. |
| MOSHI Lifestyle | $104,309 |
+7.1%
|
Supported by MOSHI Lifestyle's high-margin contracts allowing higher overhead. |
| The Suzio York Hill Companies Inc | $96,261 |
-1.2%
|
Confirms The Suzio York Hill Companies Inc is a direct competitor vying for the exact same talent pool. |
| Wavelength References Inc | $86,093 |
-11.6%
|
Normalized for lower cost-of-living zones where Wavelength References Inc primarily operates. |
| MFG Durable Industry | $121,746 |
+25.0%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$84,595 / year
Salary Range: $74,490 - $95,490
Auburn, IL
$104,309 / year
Salary Range: $91,855 - $117,744
Tarzana, CA
$96,261 / year
Salary Range: $84,781 - $108,623
Meriden, CT
$86,093 / year
Salary Range: $75,828 - $97,149
Corvallis, OR
$96,693 / year
Salary Range: $85,148 - $109,148
Mankato, MN
$79,658 / year
Salary Range: $70,147 - $89,918
Fulda, MN
$86,852 / year
Salary Range: $76,479 - $98,039
Brainerd, MN
$82,158 / year
Salary Range: $72,346 - $92,735
Comanche, TX
$90,175 / year
Salary Range: $79,411 - $101,795
Cutler Bay, FL
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) | $1,400 - $2,100+ | A significant portion of Drex Industries Inc salary. Location choices impact this heavily. |
| Utilities (Basic) | $130 - $230 (Heating significant) | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $120 (Metro Transit monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $630 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $390 - $720+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,920 - $4,480+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Drex Industries Inc pays its employees an average of $97,390 per year. The average salary at Drex Industries Inc range from $85,761 to $109,928 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 Drex Industries Inc is higher than the similar company. The average annual salary at Drex Industries Inc is $97,390, or an hourly wage of $47, in comparison to Xcessories which pays $84,595 per year or $41 per hour.
In many roles at Drex Industries 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.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Drex Industries Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.
Drex Industries 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 Drex Industries Inc" section on this page.
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