Habco Tool Salary

As of August 2026, the average hourly salary for employees at Habco Tool in the United States is $43. This translates to an approximate annual wage of $89,510. Salaries at Habco Tool typically range from $38 to $49 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Habco Tool Pay for Different Roles?

Explore detailed salary information for specific jobs at Habco Tool. Based on our data, the highest paying job is the President, with an hourly wage of $333. The table below outlines the hourly wage ranges for most popular roles within the company.
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Current Job Openings at Habco Tool

Ready for your next career move? Explore current job openings at Habco Tool. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Habco Tool’s Pay Competitive? Salary Benchmarking Analysis

How does Habco Tool'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
MJM Yachts Inc $43
-1.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Robinson Fin Machines $41
-5.0%
Robinson Fin Machines operates with a leaner overhead structure, impacting base wage offers.
Tap Systems Inc $49
+13.0%
Adjusted for higher cost-of-living indices in Tap Systems Inc's primary metro hubs.
iSee Store Innovations LLC $42
-2.5%
Suggests iSee Store Innovations LLC utilizes a highly similar base-plus-benefits compensation model.
MFG Durable Industry $59
+36.0%
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 Habco Tool

Considering a career at Habco Tool? 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.
0 technologies. Safety is a priority. Promotion pathways are available but competitive. We are regularly updated on company news and our feedback is actively sought and implemented.
I've taken part in several skills development workshops and internal certification programs. across multiple facilities, there's a strong culture of safety, quality and teamwork. Our manufacturing processes are constantly reviewed and refined to keep us competitive and efficient. This transparency builds trust and makes you feel like a true partner in the business. Workers are trained, heard, and ...
Communication between departments sometimes lacks clarity. I’ve worked in several manufacturing plants, but this one stands out. The work environment is positive, and there's a strong emphasis on teamwork and achieving collective goals. Pride in building quality products. This culture of appreciation boosts morale and motivates everyone to do their best work consistently.
The plant floor is organized and clean, and all departments collaborate to meet production goals. Management supports continuous improvement and innovation. Every day feels productive and purposeful. It’s a structured workplace with the flexibility to improve and grow.

Habco Tool Overview

Website
www.habcotool.com
Founded In
1978
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
7725 Metric Dr Mentor Ohio OH 44060
Revenue
$5 Million - $10 Million
Phone Number
+1 4402558122
Social Media
About Habco Tool
Habco Tool and Development Company provides AS9100 Rev. C certified precision machining for today's high-technology demands. Based near Cleveland, Ohio, Habco serves industries in the United States and worldwide.

What Benefits Does Habco Tool Offer Beyond Salary?

A competitive compensation package is more than just a salary. Habco Tool 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 Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Habco Tool.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Habco Tool, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Habco Tool salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Habco Tool

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

The typical salary range for most roles at Habco Tool is approximately from $38 to $49 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 Habco Tool pay compared to MJM Yachts Inc?

The average annual salary at Habco Tool is $89,510, or an hourly wage of $43, in comparison to MJM Yachts Inc which pays $88,424 per year or $43 per hour.

3. Do salaries differ significantly between departments at Habco Tool?

Yes, salaries often differ between departments at Habco Tool 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 Habco Tool?

Experience level is a significant factor in determining salary at Habco Tool, 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 Habco Tool in Cleveland is fair given the local cost of living?

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

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

An individual's actual salary at Habco Tool 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.