Material Bank Salary

As of August 2026, the average hourly salary for employees at Material Bank in the United States is $50. This translates to an approximate annual wage of $104,024. Salaries at Material Bank typically range from $44 to $57 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Material Bank

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Is Material Bank’s Pay Competitive? Salary Benchmarking Analysis

How does Material Bank'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
Djq Enterprises $52
+4.2%
Reflects a supply-demand imbalance for the specific talent Djq Enterprises targets.
K&L Distributors $55
+10.4%
Driven by niche technical certifications required for K&L Distributors's specialized projects.
Arcadia Merchandise Solutions Inc $55
+9.6%
Influenced by prevailing union wage agreements specific to Arcadia Merchandise Solutions Inc's sector.
Lazarus & Nobleman Bookseller $55
+10.0%
Supported by Lazarus & Nobleman Bookseller's high-margin contracts allowing higher overhead.
Retail & Wholesale Industry $60
+18.5%
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 Material Bank

Considering a career at Material Bank? 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.
I’ve been here for three years and have seen real career growth. The company follows market trends, keeping operations relevant. Regular training sessions provided. Collaborative team, always learning new skills. The company promotes from within, and there are regular team-building activities.
While the role doesn’t offer many surprises, it provides stability and a predictable workflow. I’m proud to be part of this organization. Leadership encourages skill development, and the pay is fair.
Overall, it’s a supportive and forward-thinking workplace. The company also emphasizes diversity and inclusion, which creates a supportive atmosphere. One of the best things about working here is the people.
Work is consistent and predictable. There are regular team-building activities, which make work enjoyable. While there aren’t many standout perks, the basics like health insurance and paid leave are covered adequately. Overall, it’s a great place to grow your career while being part of a dynamic team. Employee recognition is a regular practice. It’s a decent place to work if you value consistency ...
The Retail & Wholesale sector has its challenges, but the company handles them efficiently. The workplace culture is positive, with team events that build camaraderie. The Retail segment is busy but well-managed. The company encourages innovation, and employees are recognized for their contributions.

Material Bank Overview

Website
www.materialbank.com
Founded In
2018
Employees
200 - 500 employees
Industry
Retail & Wholesale
Headquarter Address
3651 Fau Blvd Boca Raton Florida FL 33421
Revenue
$50 Million - $200 Million
Phone Number
-
Social Media
About Material Bank
Material Bank is the worlds largest material marketplace for the architecture and design industry, providing the fastest and most powerful way to search and sample materials. Material Bank connects design professionals to hundreds of manufacturers through facilitating brand discovery, rep engagement, and material sampling. The company is headquarted in Boca Raton, Florida and was founded in 2018.

What Benefits Does Material Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. Material Bank 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 West Palm Beach?

Understanding the cost of living near West Palm Beach is key to truly evaluating a salary offer or your current compensation at Material Bank.
West Palm Beach's Cost of Living Index is approximately 113.8 (13.8% more expensive than US average; 10.4% more than FL average). South Florida city, higher housing costs, near affluent Palm Beach. Palm Tran, Tri-Rail. When planning your budget based on a salary from Material Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Material Bank salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (Palm Tran monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $730+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,190 - $5,060+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Material Bank

1. What is the average salary for employees at Material Bank?

The average total compensation for employees at Material Bank is approximately $50 per hour. However, this is an aggregate figure, actual salaries can range significantly, typically from $44 to $57 per hour, depending on factors like job role, experience, and location.

2. How much does Material Bank pay compared to Djq Enterprises?

The average annual salary at Material Bank is $104,024, or an hourly wage of $50, in comparison to Djq Enterprises which pays $108,370 per year or $52 per hour.

3. What is the lowest salary at Material Bank?

The lowest-paying job at Material Bank is a Chief Business Officer with a salary of $94 per hour. 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 Material Bank?

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 Material Bank for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Material Bank offer cost-of-living adjustments (COLA) for employees in high-cost areas like West Palm Beach?

While some companies offer formal COLA, many, including potentially Material Bank, 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 Material Bank?

Most companies, likely including Material Bank, 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.