Silver Tool Inc Salary

Silver Tool Inc Salary

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As of August 2026, the average annual salary for employees at Silver Tool Inc in the United States is $87,580. This translates to an approximate hourly wage of $42. Salaries at Silver Tool Inc typically range from $77,139 to $98,844 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Silver Tool Inc

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

Is Silver Tool Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Silver Tool 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
Industrial Enclosure Corp $96,904
+10.6%
Reflects structural premiums typical of Industrial Enclosure Corp's large-cap national operations.
Sunbird Engineering Inc $85,924
-1.9%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Western Industrial Tooling Inc $97,833
+11.7%
Driven by niche technical certifications required for Western Industrial Tooling Inc's specialized projects.
United Precision Services Inc $85,998
-1.8%
Confirms United Precision Services Inc is a direct competitor vying for the exact same talent pool.
MFG Durable Industry $121,746
+39.0%
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.

How Silver Tool Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Silver Tool Inc

Considering a career at Silver Tool 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.
The career growth opportunities are outstanding. Communication is clear but sometimes inconsistent. Overall, this company provides a motivating and stable environment that supports long-term career growth. Working here has been a genuinely positive experience. It's empowering to contribute to manufacturing practices that are not only productive but also ecologically conscious.
Commented in April 07, 2025
34
3
For those who appreciate routine and low interpersonal demand, this place will suit you fine. Scheduling is predictable, and the pay is competitive with the industry. Excellent leadership, great communication, and a real focus on quality and safety. A strong sense of teamwork and accountability keeps this place moving efficiently. Benefits are decent, including health insurance and retirement plan...
Commented in October 25, 2024
21
1
I feel fortunate to be part of this manufacturing team. Training is adequate and it is somehow comprehensive. This manufacturing firm stands out for its commitment to operational excellence.
Commented in January 05, 2024
43
3

Silver Tool Inc Overview

Website
www.silvertool.com
Founded In
1984
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
2440 Cross Pointe Dr Miamisburg Ohio OH 45342
Revenue
$10 Million - $50 Million
Phone Number
+1 9378650067
Social Media
About Silver Tool Inc
Silver Tool is a machine shop located in the city of Miamisburg, Ohio, a suburb of the city of Dayton. Silver Tool commonly serves local businesses as far north as Cleveland, Ohio and as far south as Kentucky. Silver Tool Inc. was founded in 1984 by Ed McCloskey. Since then, Silver Tool has moved locations, expanded multiple times and is now home to one shop with over 30,000 sq. ft. of work space.

What Benefits Does Silver Tool Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Silver Tool 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 Dayton?

Understanding the cost of living near Dayton is key to truly evaluating a salary offer or your current compensation at Silver Tool Inc.
Dayton's Cost of Living Index is approximately 75.9 (24.1% less expensive than US average; 16.4% less than OH average). SW OH city (Wright-Patt AFB), very affordable. Greater Dayton RTA. When planning your budget based on a salary from Silver Tool Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $700 - $1,050+ A significant portion of Silver Tool Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $55 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $360 - $530 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $580+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $640+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,915 - $3,045+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Silver Tool Inc

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

The typical annual salary range for most roles at Silver Tool Inc is approximately from $77,139 to $98,844. 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 Silver Tool Inc pay compared to Industrial Enclosure Corp?

The average annual salary at Silver Tool Inc is $87,580, or an hourly wage of $42, in comparison to Industrial Enclosure Corp which pays $96,904 per year or $47 per hour.

3. Do salaries differ significantly between departments at Silver Tool Inc?

Yes, salaries often differ between departments at Silver Tool Inc 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 Silver Tool Inc?

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

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

6. Are the salaries listed for Silver Tool Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Silver Tool Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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