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Industrial Lumber Salary

Industrial Lumber Salary

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As of September 2026, the average annual salary for employees at Industrial Lumber in the United States is $96,472. This translates to an approximate hourly wage of $46. Salaries at Industrial Lumber typically range from $84,845 to $109,087 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Industrial Lumber Pay for Different Roles?

Explore detailed salary information for specific jobs at Industrial Lumber. Based on our data, the highest paying job is the Vice President and General Manager, with an annual salary of $268,124. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Industrial Lumber’s Pay Competitive? Salary Benchmarking Analysis

How does Industrial Lumber'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
Schraft's 20 LLC $103,834
+7.6%
Influenced by prevailing union wage agreements specific to Schraft's 20 LLC's sector.
Signature Kitchen Suite $103,708
+7.5%
Reflects a supply-demand imbalance for the specific talent Signature Kitchen Suite targets.
KniTec Inc $99,847
+3.5%
Supported by KniTec Inc's high-margin contracts allowing higher overhead.
ToyTec Lifts LLC $90,291
-6.4%
ToyTec Lifts LLC may offer non-monetary perks in lieu of competitive base salaries.
Retail & Wholesale Industry $123,318
+27.8%
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 Industrial Lumber's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Industrial Lumber

Considering a career at Industrial Lumber? 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 has a fantastic culture and values employee input. I’ve built strong relationships with my coworkers. Coworkers are friendly, and teamwork is encouraged. Standard retail job with typical challenges. The work-life balance is excellent, and management is fair.
Commented in May 08, 2025
27
3
The mentorship programs are fantastic, and promotions are based on merit. The workplace is efficient, and tasks are well-distributed. The company invests in employee growth with regular training sessions.
Commented in April 15, 2025
46
0
Managers are understanding, and teamwork is encouraged. Coworkers are helpful, and shifts are consistent. Benefits like health insurance and employee discounts are solid.
Commented in February 27, 2025
49
2

Industrial Lumber Overview

Website
www.industriallumber.net
Founded In
2003
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
4100 Washington Ave N Minneapolis Minnesota MN 55412
Revenue
<$5 Million
Phone Number
+1 6125214767
Social Media
About Industrial Lumber
Industrial Lumber & Plywood is a family owned business established in Minneapolis in 1948. We pride ourselves on the fact that we're working under the same philosophies today as that of the original owners of the company. The following words of Russell Haire, grandfather of current owner Kevin Haire, show that nothing has changed in over 65 years; we're still committed to being an innovator in the

What Benefits Does Industrial Lumber Offer Beyond Salary?

A competitive compensation package is more than just a salary. Industrial Lumber 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 Industrial Lumber.
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 Industrial Lumber, 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 Industrial Lumber 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 Industrial Lumber

1. What is the average salary for employees at Industrial Lumber?

The average annual total compensation for employees at Industrial Lumber is approximately $96,472. However, this is an aggregate figure, actual salaries can range significantly, typically from $84,845 to $109,087, depending on factors like job role, experience, and location.

2. How much does Industrial Lumber pay compared to Schraft's 20 LLC?

The average annual salary at Industrial Lumber is $96,472, or an hourly wage of $46, in comparison to Schraft's 20 LLC which pays $103,834 per year or $50 per hour.

3. What is the lowest salary at Industrial Lumber?

The lowest-paying job at Industrial Lumber is a Position In Sales with a salary of $27,677 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 Industrial Lumber?

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

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

While some companies offer formal COLA, many, including potentially Industrial Lumber, 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 Industrial Lumber?

Most companies, likely including Industrial Lumber, 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.

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