Lake States Industries Salary

As of September 2026, the average annual salary for employees at Lake States Industries in the United States is $98,814. This translates to an approximate hourly wage of $48. Salaries at Lake States Industries typically range from $86,989 to $111,599 annually, reflecting the diverse roles and experience levels within the company.
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Is Lake States Industries’s Pay Competitive? Salary Benchmarking Analysis

How does Lake States Industries'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
Crest Industries Group Inc $101,208
+2.4%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Integra Seating $91,272
-7.6%
Integra Seating may offer non-monetary perks in lieu of competitive base salaries.
Cellunet Manufacturing CO Inc $93,898
-5.0%
Normalized for lower cost-of-living zones where Cellunet Manufacturing CO Inc primarily operates.
Amercool Manufacturing Co Inc $92,675
-6.2%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+23.2%
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 Lake States Industries

Considering a career at Lake States Industries? 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.
It’s a reliable workplace that respects time, values results, and celebrates milestones together as a team. Management listens, and the work feels meaningful. The company invests in modern equipment and ongoing training programs to enhance skills. Management empowers us to take initiative and find innovative solutions on the manufacturing floor. While that may be ideal for some, it can get boring.
The benefits are generous and consistent with industry standards. What makes this company different is how leadership prioritizes employee development and team cohesion. Management promotes open communication and offers professional development opportunities for all employees. Most importantly, there’s a sense of pride in what we produce—high-quality goods that make a real difference. I’ve had gre...
I’ve developed valuable technical skills and confidence on the job. Management is transparent and communicates effectively with the employees. Shift schedules vary and may cause fatigue.

Lake States Industries Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
130 Hilltop Dr Schaumburg Illinois IL 60193
Revenue
$10 Million - $50 Million
Phone Number
+1 8479231244
Social Media
About Lake States Industries
Lake States Industries is a company that operates in the Machinery industry. It employs 51-100 people and has $25M-$50M of revenue. The company is headquartered in Schaumburg, Illinois.

What Benefits Does Lake States Industries Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lake States Industries 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 Schaumburg?

Understanding the cost of living near Schaumburg is key to truly evaluating a salary offer or your current compensation at Lake States Industries.
Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). NW Chicago suburb, major commercial/retail hub (Woodfield Mall), housing costs above US avg. Pace bus. When planning your budget based on a salary from Lake States Industries, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Lake States Industries salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lake States Industries

1. How much does a Lake States Industries employee make?

Lake States Industries pays its employees an average of $98,814 per year. The average salary at Lake States Industries range from $86,989 to $111,599 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 States Industries?

The salary at Lake States Industries is lesser than the similar company. The average annual salary at Lake States Industries is $98,814, or an hourly wage of $48, in comparison to Crest Industries Group Inc which pays $101,208 per year or $49 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Lake States Industries?

In many roles at Lake States Industries, 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.

4. How does the cost of living near Schaumburg affect the perceived value of a Lake States Industries salary?

Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). This significantly impacts the purchasing power of a salary from Lake States Industries based there. Our "Cost of Living Insights for Schaumburg" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Lake States Industries typically offer employees?

Lake States Industries 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 States Industries" section on this page.