| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Mercon Air Systems Corp | $91,314 |
+6.6%
|
Influenced by prevailing union wage agreements specific to Mercon Air Systems Corp's sector. |
| Southern Manufacturing and Distributing Inc | $84,975 |
-0.8%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Hearing Instruments Inc | $76,884 |
-10.2%
|
Hearing Instruments Inc may offer non-monetary perks in lieu of competitive base salaries. |
| Mass Instruments Inc | $84,605 |
-1.2%
|
Confirms Mass Instruments Inc is a direct competitor vying for the exact same talent pool. |
| MFG Durable Industry | $121,746 |
+42.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$91,314 / year
Salary Range: $80,410 - $103,075
Rio Piedras, PR
$84,975 / year
Salary Range: $74,820 - $95,917
Saint Petersburg, FL
$76,884 / year
Salary Range: $67,709 - $86,796
North Sioux City, SD
$84,605 / year
Salary Range: $74,500 - $95,503
Murfreesboro, TN
$102,896 / year
Salary Range: $90,609 - $116,159
Staten Island, NY
$88,329 / year
Salary Range: $77,789 - $99,710
Boynton Beach, FL
$94,246 / year
Salary Range: $82,994 - $106,380
Kailua Kona, HI
$99,805 / year
Salary Range: $87,878 - $112,684
Bay Shore, NY
$100,797 / year
Salary Range: $88,758 - $113,781
Rockville, MD
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) | $1,100 - $1,600+ | A significant portion of Instrument Corp 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. |
The typical annual salary range for most roles at Instrument Corp is approximately from $75,434 to $96,698. 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 average annual salary at Instrument Corp is $85,660, or an hourly wage of $41, in comparison to Mercon Air Systems Corp which pays $91,314 per year or $44 per hour.
Experience level is a significant factor in determining salary at Instrument Corp, 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.
To determine if a salary offer from Instrument Corp in Richmond is fair, first compare the gross salary to our data for similar roles at Instrument Corp and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Richmond" to understand its purchasing power.
All salary figures displayed for Instrument Corp, 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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