| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Cabco Cabinets | $87,907 |
+0.4%
|
Suggests Cabco Cabinets utilizes a highly similar base-plus-benefits compensation model. |
| Iwaco | $89,436 |
+2.2%
|
Aligns perfectly with prevailing regional benchmarks for this specific job family. |
| Lites On West | $104,256 |
+19.1%
|
Influenced by prevailing union wage agreements specific to Lites On West's sector. |
| Mount Trailer Co | $91,862 |
+5.0%
|
Supported by Mount Trailer Co's high-margin contracts allowing higher overhead. |
| MFG Durable Industry | $121,746 |
+39.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$87,907 / year
Salary Range: $77,423 - $99,197
Gilbert, AZ
$89,436 / year
Salary Range: $78,779 - $100,917
Hobart, IN
$104,256 / year
Salary Range: $91,828 - $117,647
New York City, NY
$91,862 / year
Salary Range: $80,914 - $103,660
Portland, OR
$92,411 / year
Salary Range: $81,390 - $104,282
Wilmington, DE
$100,090 / year
Salary Range: $88,153 - $112,940
Tappan, NY
$98,592 / year
Salary Range: $86,843 - $111,257
San Marino, CA
$101,113 / year
Salary Range: $89,033 - $114,135
Mc Lean, VA
$91,483 / year
Salary Range: $80,557 - $103,258
Highland, MI
Get an estimated calculation of how much you should be earning and insight into your career options.
| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,700 - $2,600+ | A significant portion of Industrial Park Machine & Tool Co salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $105 (CTA 30-day pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $430 - $640 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $450 - $800+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $400 - $750+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,225 - $5,025+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Industrial Park Machine & Tool Co pays its employees an average of $87,527 per year. The average salary at Industrial Park Machine & Tool Co range from $77,102 to $98,771 per year. 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.
The salary at Industrial Park Machine & Tool Co is lesser than the similar company. The average annual salary at Industrial Park Machine & Tool Co is $87,527, or an hourly wage of $42, in comparison to Cabco Cabinets which pays $87,907 per year or $42 per hour.
A Chief Executive Officer at Industrial Park Machine & Tool Co typically earns an average annual base salary of around $677,538, with a general range of $519,282 to $852,161.
In many roles at Industrial Park Machine & Tool Co, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Industrial Park Machine & Tool Co based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.
Industrial Park Machine & Tool Co generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Industrial Park Machine & Tool Co" section on this page.
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