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Lake State Railway Co Salary

Lake State Railway Co Salary

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As of August 2026, the average annual salary for employees at Lake State Railway Co in the United States is $92,970. This translates to an approximate hourly wage of $45. Salaries at Lake State Railway Co typically range from $81,812 to $105,087 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lake State Railway Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Lake State Railway Co. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $719,670. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Is Lake State Railway Co’s Pay Competitive? Salary Benchmarking Analysis

How does Lake State Railway Co'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
KK Integrated Logistics Inc $96,293
+3.6%
Supported by KK Integrated Logistics Inc's high-margin contracts allowing higher overhead.
FlyBoyz Aviation $92,706
-0.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Varig SA $97,358
+4.7%
Adjusted for higher cost-of-living indices in Varig SA's primary metro hubs.
Schilli Corp $98,328
+5.8%
Influenced by prevailing union wage agreements specific to Schilli Corp's sector.
Transportation Industry $125,356
+34.8%
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 Lake State Railway Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lake State Railway Co

Considering a career at Lake State Railway Co? 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 work is fast-paced but rewarding, and the compensation reflects the effort. Supportive HR team. I appreciate the work-life balance and the focus on safety in the transportation industry. It’s a company that truly cares about its people.
Commented in March 24, 2025
10
3
The company culture emphasizes respect and teamwork, making it a pleasant place to work. The team atmosphere is great, and there’s a strong focus on professional development. Coworkers here are professional and easy to work with. I've been impressed with how the company handles growth - expanding carefully while maintaining quality.
Commented in March 02, 2025
38
2
The leadership team is proactive in addressing concerns, and employee feedback is taken seriously. Management maintains professional standards without being overly strict. I’ve thoroughly enjoyed my time at this company. Supportive management and good work culture. The teams are diverse, and collaboration is encouraged. Some roles could offer more autonomy, but it’s a stable workplace overall. The...
Commented in February 01, 2025
14
1
The scheduling system is employee-friendly, accommodating personal needs. The transportation projects are large-scale and interesting. Benefits align with market standards. While not the most progressive company in terms of benefits or innovation, they do provide reliable work conditions.
Commented in January 10, 2024
49
3

Lake State Railway Co Overview

Website
www.lsrc.com
Founded In
1992
Employees
100 - 200 employees
Industry
Transportation
Headquarter Address
750 N Washington Ave Saginaw Michigan MI 48607
Revenue
$10 Million - $50 Million
Phone Number
+1 9893939800
Social Media
About Lake State Railway Co
Lake State Railway Company was created by the vision of the late Jim George in 1992 when he acquired the railroad lines previously operated by Detroit & Mackinac Railway Company (D&M). His passion for expanding the railroad and providing exceptional freight transportation services is what brought these lines from being nearly abandoned, to being a successful railroad. In 2005, LSRC acquired rail p

What Benefits Does Lake State Railway Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lake State Railway Co 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 Lake State Railway Co?
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What Is the Cost of Living Near Saginaw?

Understanding the cost of living near Saginaw is key to truly evaluating a salary offer or your current compensation at Lake State Railway Co.
Saginaw's Cost of Living Index is approximately 76.2 (23.8% less expensive than US average; 16.5% less than MI average). Mid-Michigan city, very affordable housing. STARS bus. When planning your budget based on a salary from Lake State Railway Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $950+ A significant portion of Lake State Railway Co salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (STARS monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $350 - $520 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $340 - $630+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,790 - $2,860+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lake State Railway Co

1. How much does a Lake State Railway Co employee make?

Lake State Railway Co pays its employees an average of $92,970 per year. The average salary at Lake State Railway Co range from $81,812 to $105,087 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.

2. Which similar company tend to pay more or less than Lake State Railway Co?

The salary at Lake State Railway Co is lesser than the similar company. The average annual salary at Lake State Railway Co is $92,970, or an hourly wage of $45, in comparison to KK Integrated Logistics Inc which pays $96,293 per year or $46 per hour.

3. How much does a President & Chief Executive Officer typically earn at Lake State Railway Co?

A President & Chief Executive Officer at Lake State Railway Co typically earns an average annual base salary of around $719,670, with a general range of $551,004 to $906,657.

4. Do employees with advanced degrees (Master's, PhD) earn more at Lake State Railway Co?

In many roles at Lake State Railway 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.

5. How does the cost of living near Saginaw affect the perceived value of a Lake State Railway Co salary?

Saginaw's Cost of Living Index is approximately 76.2 (23.8% less expensive than US average; 16.5% less than MI average). This significantly impacts the purchasing power of a salary from Lake State Railway Co based there. Our "Cost of Living Insights for Saginaw" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Lake State Railway Co typically offer employees?

Lake State Railway 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 Lake State Railway Co" section on this page.

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