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Independence Lumber Inc Salary

Independence Lumber Inc Salary

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As of September 2026, the average annual salary for employees at Independence Lumber Inc in the United States is $92,031. This translates to an approximate hourly wage of $44. Salaries at Independence Lumber Inc typically range from $81,006 to $103,965 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Independence Lumber Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Independence Lumber Inc. Based on our data, the highest paying job is the Manager, with an annual salary of $94,435. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Independence Lumber Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Independence Lumber 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
Greenheart Land Co $108,940
+18.4%
Reflects structural premiums typical of Greenheart Land Co's large-cap national operations.
The Protectoseal Co $101,588
+10.4%
Influenced by prevailing union wage agreements specific to The Protectoseal Co's sector.
Judd Wire Inc $98,761
+7.3%
Reflects a supply-demand imbalance for the specific talent Judd Wire Inc targets.
Heritage Wire Harness LLC $85,302
-7.3%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+32.3%
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 Independence Lumber Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Independence Lumber Inc

Considering a career at Independence Lumber 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 company’s investment in technology and automation has significantly improved efficiency. Supervisors provide clear direction and genuinely care about your well-being. The focus on safety here is second to none. Communication tools exist, though they’re not used uniformly. The benefits package is comprehensive, with health coverage, paid time off, and retirement plans.
Commented in May 29, 2025
18
1
There’s minimal innovation, but the company functions reliably. Working here means being part of a well-organized and efficient manufacturing operation. Competitive pay and benefits motivate employees, and there are clear pathways for career advancement. It’s not just about numbers; it’s about making a product we can all be proud of. Robust inventory management ensures materials are always availab...
Commented in February 15, 2025
43
0
Shift flexibility is appreciated. It’s a company where people are appreciated and given room to grow. Training programs enhance technical and leadership skills. Benefits are competitive, including comprehensive health coverage and retirement plans. Communication between departments varies.
Commented in February 26, 2024
50
2

Independence Lumber Inc Overview

Website
www.independencelumberinc.com
Founded In
1984
Employees
100 - 200 employees
Industry
MFG Durable
Headquarter Address
407 Lumber Ln Independence Virginia VA 24348
Revenue
$10 Million - $50 Million
Phone Number
+1 2767733744
Social Media
About Independence Lumber Inc
Independence Lumber Inc. is located in the Appalachian mountains of Southwest Virginia. We are one the largest, single location, lumber companies in the Southeastern region of the country. Owner/President Randall Eller established Independence Lumber Inc. in 1984, after working in the sawmilling business since 1976. Mr. Eller owned and operated a sawmill in North Carolina until he found the curren

What Benefits Does Independence Lumber Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Independence Lumber 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)
Work at Independence Lumber Inc?
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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Independence Lumber Inc.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Independence Lumber Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Independence Lumber Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Independence Lumber Inc

1. What is the estimated average total compensation at Independence Lumber Inc?

Salary.com estimates that the average total compensation package at Independence Lumber Inc, which can include base salary, potential bonuses, and benefits, is around $92,031 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Independence Lumber Inc pay compared to Greenheart Land Co?

The average annual salary at Independence Lumber Inc is $92,031, or an hourly wage of $44, in comparison to Greenheart Land Co which pays $108,940 per year or $52 per hour.

3. Do salaries differ significantly between departments at Independence Lumber Inc?

Yes, salaries often differ between departments at Independence Lumber 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Independence Lumber Inc?

Salary progression from an entry-level to a senior role at Independence Lumber Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Independence Lumber Inc in Richmond is fair given the local cost of living?

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

6. Are promotions at Independence Lumber Inc usually accompanied by a significant salary increase?

Yes, promotions at Independence Lumber Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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