Lorex Inc Salary

As of August 2026, the average annual salary for employees at Lorex Inc in the United States is $90,101. This translates to an approximate hourly wage of $43. Salaries at Lorex Inc typically range from $79,182 to $101,929 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lorex Inc

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Is Lorex Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Lorex Inc'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
Erstad & Riemer PA $94,995
+5.4%
Driven by niche technical certifications required for Erstad & Riemer PA's specialized projects.
Chilton & Chadwick $103,813
+15.2%
Data suggests Chilton & Chadwick's workforce skews heavily towards veteran, high-tenure roles.
RE/MAX First Choice Realtors $101,134
+12.2%
Reflects structural premiums typical of RE/MAX First Choice Realtors's large-cap national operations.
Zabace Inc $96,609
+7.2%
Reflects a supply-demand imbalance for the specific talent Zabace Inc targets.
Business Services Industry $120,931
+34.2%
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 Lorex Inc

Considering a career at Lorex Inc? 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.
If you're looking for a steady job without too much disruption, it’s a fair place. The onboarding process here is the best I've experienced. Working here has been an enriching journey. This fosters a collaborative environment where the best ideas can come from anywhere. Working here means being part of a dynamic and evolving company.
They deliver consistent results with minimal supervision. I’ve grown so much, both personally and professionally, thanks to the amazing people I work with. It feels good to be rewarded fairly for my contributions. We are empowered to do what's right for the client, which makes the work incredibly fulfilling. What stands out is the company’s genuine care for its employees, evident not just in compe...
This organization promotes a healthy work-life balance with hybrid schedules and generous time-off policies. It makes coming to work enjoyable. It was a generous acknowledgment of our hard work and the company's success.

Lorex Inc Overview

Website
www.lorexinc.com
Founded In
1985
Employees
<25 employees
Industry
Business Services
Headquarter Address
19131 Industrial Blvd NW Elk River Minnesota MN 55330
Revenue
$5 Million - $10 Million
Phone Number
+1 7062791972
Social Media
About Lorex Inc
LorexInc is a company that operates in the Marketing and Advertising industry. It employs 11-20 people and has $5M-$10M of revenue. The company is headquartered in Elk River, Minnesota.

What Benefits Does Lorex Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lorex Inc 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 Lorex Inc.
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 Lorex Inc, 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 Lorex 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.

FAQs of Lorex Inc

1. What is the average salary for employees at Lorex Inc?

The average annual total compensation for employees at Lorex Inc is approximately $90,101. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,182 to $101,929, depending on factors like job role, experience, and location.

2. How much does Lorex Inc pay compared to Erstad & Riemer PA?

The average annual salary at Lorex Inc is $90,101, or an hourly wage of $43, in comparison to Erstad & Riemer PA which pays $94,995 per year or $46 per hour.

3. What is the lowest salary at Lorex Inc?

The lowest-paying job at Lorex Inc is a Customer Service Representative with a salary of $31,744 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Lorex Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Lorex Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Lorex Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Minneapolis?

While some companies offer formal COLA, many, including potentially Lorex Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Lorex Inc?

Most companies, likely including Lorex Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.