Altex Electronic Component Distribution Salary

As of October 2026, the average hourly salary for employees at Altex Electronic Component Distribution in the United States is $44. This translates to an approximate annual wage of $91,641. Salaries at Altex Electronic Component Distribution typically range from $39 to $50 hourly, reflecting the diverse roles and experience levels within the company.
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Is Altex Electronic Component Distribution’s Pay Competitive? Salary Benchmarking Analysis

How does Altex Electronic Component Distribution'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
Bailey Propane Co Inc $46
+4.3%
Adjusted for higher cost-of-living indices in Bailey Propane Co Inc's primary metro hubs.
Window Installation Specialists Inc $51
+14.6%
Supported by Window Installation Specialists Inc's high-margin contracts allowing higher overhead.
Pui $50
+14.1%
Data suggests Pui's workforce skews heavily towards veteran, high-tenure roles.
Crowley Associates' group of companies $49
+11.6%
Influenced by prevailing union wage agreements specific to Crowley Associates' group of companies's sector.
Retail & Wholesale Industry $60
+34.6%
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 Altex Electronic Component Distribution

Considering a career at Altex Electronic Component Distribution? 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.
The company has a good reputation in the industry, and the work is consistent. The Retail & Wholesale industry is fast-moving, but this company ensures employees are supported. The benefits are on par with similar companies. The company follows structured processes, making work predictable. The work culture is inclusive, and leadership is transparent. Management is supportive and provides clear gu...
I enjoy the fast-paced yet rewarding environment. The work-life balance is fair, and the company offers growth opportunities. The work environment is stable, and processes are well-defined. Colleagues are professional, and the workload is manageable.
The company offers flexible scheduling and great benefits. Training is provided, though it could be more in-depth for certain roles. I’ve been here for three years and have seen real career growth. Love the dynamic work culture.
Benefits like paid time off, health coverage, and tuition reimbursement add value. The workload is predictable, which helps in maintaining a steady workflow. The company also invests in employee wellness initiatives, which I appreciate.

Altex Electronic Component Distribution Overview

Website
www.altex-engineered.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
Retail & Wholesale
Headquarter Address
17201 Westfield Park Rd Westfield Indiana IN 46074
Revenue
$10 Million - $50 Million
Phone Number
+1 8007832589
Social Media
About Altex Electronic Component Distribution
Altex Electronic Component Distribution is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 21-50 people and has $10M-$25M of revenue. The company is headquartered in Westfield, Indiana.

What Benefits Does Altex Electronic Component Distribution Offer Beyond Salary?

A competitive compensation package is more than just a salary. Altex Electronic Component Distribution 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Altex Electronic Component Distribution.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Altex Electronic Component Distribution, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Altex Electronic Component Distribution salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Altex Electronic Component Distribution

1. What is the typical salary range (low to high) for most roles at Altex Electronic Component Distribution?

The typical salary range for most roles at Altex Electronic Component Distribution is approximately from $39 to $50 per hour. 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 Altex Electronic Component Distribution pay compared to Bailey Propane Co Inc?

The average annual salary at Altex Electronic Component Distribution is $91,641, or an hourly wage of $44, in comparison to Bailey Propane Co Inc which pays $95,607 per year or $46 per hour.

3. Do salaries differ significantly between departments at Altex Electronic Component Distribution?

Yes, salaries often differ between departments at Altex Electronic Component Distribution 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 Altex Electronic Component Distribution?

Experience level is a significant factor in determining salary at Altex Electronic Component Distribution, 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 Altex Electronic Component Distribution in Indianapolis is fair given the local cost of living?

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

6. What factors influence salary increases at Altex Electronic Component Distribution?

Salary increases at Altex Electronic Component Distribution 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.