Ironwood Industries Inc Salary

As of September 2026, the average annual salary for employees at Ironwood Industries Inc in the United States is $93,540. This translates to an approximate hourly wage of $45. Salaries at Ironwood Industries Inc typically range from $82,371 to $105,587 annually, reflecting the diverse roles and experience levels within the company.
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Is Ironwood Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Ironwood Industries 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
CorrQuest Automation Inc $88,846
-5.0%
Normalized for lower cost-of-living zones where CorrQuest Automation Inc primarily operates.
Dakota Air Parts Intl Inc $85,059
-9.1%
Dakota Air Parts Intl Inc focuses strategically on recruiting and training entry-level apprentices.
Terrafilum $93,276
-0.3%
Indicates identical technical requirements and experience levels between the two firms.
Weiss Technik North America Inc $87,928
-6.0%
Typical compensation structure for smaller regional agencies like Weiss Technik North America Inc.
MFG Durable Industry $121,746
+30.2%
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.

Employee Reviews: Working at Ironwood Industries Inc

Considering a career at Ironwood Industries 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.
Management is supportive, encouraging employees to develop new skills through ongoing training and education. The management team is visible and involved. There's a clear chain of command, and everyone knows what’s expected. The teamwork here is exceptional.
While the work is particularly exciting, it’s steady and dependable. Employee facility runs like a well-oiled machine thanks to strong leadership and engaged workers. After years in the industry, I can confidently say this is the premier manufacturing employer. Problem-solving is encouraged and supported. Modern machinery and technology improve daily operations, and flexible shift options support ...
The company's lean manufacturing approach eliminates waste and improves quality. They truly value experience while also being open to new ideas from less experienced team members. Equipment and technology are regularly updated to ensure productivity and safety. Expectations are clear, and there’s an emphasis on doing things right the first time. Competitive pay and benefits contribute to employee ...

Ironwood Industries Inc Overview

Website
www.ironind.com
Founded In
1964
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
115 S Bradley Rd Libertyville Illinois IL 60048
Revenue
$5 Million - $10 Million
Phone Number
+1 8473628681
Social Media
About Ironwood Industries Inc
We are a company focused on maintaining our notorious reputation for quality control and on-time deliverables. To achieve this, Ironwood Industries invests a lot of time into repeatedly improving manufacturing processes through the fulfillment of new technology. To prove this lasting reputation, we are proud of the many awards presented to the company for our excellence in providing quality produc

What Benefits Does Ironwood Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Ironwood Industries 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Ironwood Industries Inc.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Ironwood Industries Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Ironwood Industries Inc 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.

FAQs of Ironwood Industries Inc

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

The typical annual salary range for most roles at Ironwood Industries Inc is approximately from $82,371 to $105,587. 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 Ironwood Industries Inc pay compared to CorrQuest Automation Inc?

The average annual salary at Ironwood Industries Inc is $93,540, or an hourly wage of $45, in comparison to CorrQuest Automation Inc which pays $88,846 per year or $43 per hour.

3. Do salaries differ significantly between departments at Ironwood Industries Inc?

Yes, salaries often differ between departments at Ironwood Industries 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 Ironwood Industries Inc?

Experience level is a significant factor in determining salary at Ironwood Industries 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 Ironwood Industries Inc in Chicago is fair given the local cost of living?

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

6. Why might an individual's actual salary at Ironwood Industries Inc differ from the ranges shown here?

An individual's actual salary at Ironwood Industries Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.