Magic Steel Salary

Magic Steel Salary

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As of August 2026, the average hourly salary for employees at Magic Steel in the United States is $46. This translates to an approximate annual wage of $95,417. Salaries at Magic Steel typically range from $40 to $52 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Magic Steel

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

Is Magic Steel’s Pay Competitive? Salary Benchmarking Analysis

How does Magic Steel'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
Miami Valley Steel Inc $45
-1.7%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
National Steel Service Center Inc $45
-1.0%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Chervon $46
-0.7%
Confirms Chervon is a direct competitor vying for the exact same talent pool.
Zamora Metals Company Inc $51
+12.2%
Driven by niche technical certifications required for Zamora Metals Company Inc's specialized projects.
Retail & Wholesale Industry $60
+29.2%
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.

Companies Similar to Magic Steel and Their Hourly Pay Rates

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

Employee Reviews: Working at Magic Steel

Considering a career at Magic Steel? 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 offers a supportive environment with opportunities for growth. Excellent company culture and strong leadership. The retail industry can be fast-paced, but the leadership ensures workloads are manageable. The job is straightforward with a fair schedule. Career growth is possible but requires proactive effort. The company has a large workforce, so there’s a mix of different personalities...
Commented in March 24, 2025
10
1
The team is collaborative, and management is invested in employee well-being. It provides a supportive atmosphere with ample opportunities for professional growth. While not the most innovative, it’s a stable place to work. The company’s reputation in retail is strong, making it a desirable employer. The wholesale operations run smoothly, making daily tasks efficient.
Commented in March 18, 2025
26
3
It’s a reliable employer for those in retail and wholesale. The retail side is dynamic, and managers are supportive. The location is convenient, and the facilities are well-maintained. I’ve been impressed by the company’s focus on employee wellness, offering programs like mental health support and fitness incentives. The company promotes from within, which is motivating.
Commented in January 13, 2024
50
1

Magic Steel Overview

Website
www.magicsteel.com
Founded In
1974
Employees
100 - 200 employees
Industry
Retail & Wholesale
Headquarter Address
4242 Clay Ave SW Grand Rapids Michigan MI 49548
Revenue
$10 Million - $50 Million
Phone Number
+1 6165324071
Social Media
About Magic Steel
Founded in 1974, Magic Steel is a multi-site steel service center that supplies cold rolled, hot rolled and coated products. The company is headquartered in Grand Rapids, MI.

What Benefits Does Magic Steel Offer Beyond Salary?

A competitive compensation package is more than just a salary. Magic Steel 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Magic Steel.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Magic Steel, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Magic Steel salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid 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 $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Magic Steel

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

The typical salary range for most roles at Magic Steel is approximately from $40 to $52 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 Magic Steel pay compared to Miami Valley Steel Inc?

The average annual salary at Magic Steel is $95,417, or an hourly wage of $46, in comparison to Miami Valley Steel Inc which pays $93,803 per year or $45 per hour.

3. Do salaries differ significantly between departments at Magic Steel?

Yes, salaries often differ between departments at Magic Steel 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 Magic Steel?

Experience level is a significant factor in determining salary at Magic Steel, 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 Magic Steel in Grand Rapids is fair given the local cost of living?

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

6. What factors influence salary increases at Magic Steel?

Salary increases at Magic Steel 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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