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Lockwood Motors Salary

Lockwood Motors Salary

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As of October 2026, the average hourly salary for employees at Lockwood Motors in the United States is $42. This translates to an approximate annual wage of $86,409. Salaries at Lockwood Motors typically range from $37 to $47 hourly, reflecting the diverse roles and experience levels within the company.
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Is Lockwood Motors’s Pay Competitive? Salary Benchmarking Analysis

How does Lockwood Motors'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
Bridge Toyota $43
+4.3%
Reflects structural premiums typical of Bridge Toyota's large-cap national operations.
AG-Industrial Inc $44
+5.9%
Adjusted for higher cost-of-living indices in AG-Industrial Inc's primary metro hubs.
Container International $46
+11.9%
Influenced by prevailing union wage agreements specific to Container International's sector.
International Fragrance Technology Inc $45
+8.7%
Driven by niche technical certifications required for International Fragrance Technology Inc's specialized projects.
Retail & Wholesale Industry $60
+42.7%
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.

Companies Similar to Lockwood Motors and Their Hourly Pay Rates

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

Employee Reviews: Working at Lockwood Motors

Considering a career at Lockwood Motors? 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 retail team is energetic, and management listens to feedback. The leadership team is accessible and open to feedback, which is rare in this industry. Great place for career-driven individuals. The employee recognition programs are a nice touch.
Commented in February 03, 2025
40
2
It’s a reliable job with standard industry benefits. Not much to complain about, but nothing extraordinary either. The benefits are great, and the leadership team is inspiring. There’s a real sense of teamwork.
Commented in September 04, 2024
11
1
I’ve learned a lot and have been promoted twice. The company follows industry standards, making it a reliable employer. Career growth opportunities are available. Career growth is encouraged. I’ve had a positive experience and would recommend it to others in the industry. The benefits package is one of the best in the industry.
Commented in July 26, 2024
8
3
The training programs are robust, ensuring everyone is equipped to succeed. The retail side can be demanding, but the supportive culture makes it manageable. The leadership team is motivating, and the work environment is positive. I’ve learned a lot and feel valued in my role. The work environment is stable, and processes are well-defined.
Commented in February 15, 2024
14
0

Lockwood Motors Overview

Website
www.lockwoodmotors.com
Founded In
1935
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
1310 E College Dr Marshall Minnesota MN 56258
Revenue
$10 Million - $50 Million
Phone Number
+1 5075371526
Social Media
About Lockwood Motors
Lockwood Motors is a company that operates in the Automotive industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Marshall, Minnesota.

What Benefits Does Lockwood Motors Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lockwood Motors 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Lockwood Motors.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Lockwood Motors, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Lockwood Motors 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.

FAQs of Lockwood Motors

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

The typical salary range for most roles at Lockwood Motors is approximately from $37 to $47 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 Lockwood Motors pay compared to Bridge Toyota?

The average annual salary at Lockwood Motors is $86,409, or an hourly wage of $42, in comparison to Bridge Toyota which pays $90,133 per year or $43 per hour.

3. Do salaries differ significantly between departments at Lockwood Motors?

Yes, salaries often differ between departments at Lockwood Motors 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 Lockwood Motors?

Experience level is a significant factor in determining salary at Lockwood Motors, 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 Lockwood Motors in Minneapolis is fair given the local cost of living?

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

6. What factors influence salary increases at Lockwood Motors?

Salary increases at Lockwood Motors 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.

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