Lake Toyota Salary

As of August 2026, the average annual salary for employees at Lake Toyota in the United States is $79,036. This translates to an approximate hourly wage of $38. Salaries at Lake Toyota typically range from $69,505 to $89,369 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lake Toyota

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Is Lake Toyota’s Pay Competitive? Salary Benchmarking Analysis

How does Lake Toyota'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
Ahlers & Ogletree Auction Gallery $89,943
+13.8%
Reflects a supply-demand imbalance for the specific talent Ahlers & Ogletree Auction Gallery targets.
Lone Star Family Market $89,595
+13.4%
Adjusted for higher cost-of-living indices in Lone Star Family Market's primary metro hubs.
MJ Traders $104,299
+32.0%
Reflects structural premiums typical of MJ Traders's large-cap national operations.
Singh Pontiac - Buick - Cadillac & Gmc Trucks Inc $98,655
+24.8%
Supported by Singh Pontiac - Buick - Cadillac & Gmc Trucks Inc's high-margin contracts allowing higher overhead.
Retail & Wholesale Industry $123,318
+56.0%
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 Toyota

Considering a career at Lake Toyota? 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.
Career growth opportunities are a highlight here. The wholesale operations are efficient, and teamwork is encouraged. Colleagues are cooperative, and shifts are scheduled fairly. The company provides standard industry benefits, and the workload is balanced. The pay is good, and advancement opportunities are available for those who seek them.
A fantastic workplace for driven professionals. Positive atmosphere. A no-drama workplace. The benefits package is robust, including mental health resources. If you’re looking for a workplace that values its employees, this is a great fit. While there aren’t many standout perks, the basics like health insurance and paid leave are covered adequately.
It’s a good fit for those who prefer routine in a retail setting. While not extraordinary, it’s a steady job in the retail sector. The workload is manageable, and the work-life balance is respected.

Lake Toyota Overview

Website
www.laketoyota.com
Founded In
1924
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
424 Hwy 2 E Devils Lake North Dakota ND 58301
Revenue
<$5 Million
Phone Number
+1 7016625346
Social Media
About Lake Toyota
Lake Toyota has been part of the Bergstrom Cars family since 1979. Bergstrom Cars first dealership. Lake Motor Company first opened its doors in 1921 as a service station in Devils Lake ND. Art Bergstrom, the company founder was an avid hunter and fisherman and hence moved to the region for the fabulous outdoor opportunities the area offered. In the 1950's Art's two sons Gene and Bill joined the f

What Benefits Does Lake Toyota Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lake Toyota 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 Grand Forks?

Understanding the cost of living near Grand Forks is key to truly evaluating a salary offer or your current compensation at Lake Toyota.
Grand Forks' Cost of Living Index is approximately 88.7 (11.3% less expensive than US average; 7.1% less than ND average). Eastern ND city (UND, GFAFB), affordable. CAT (Cities Area Transit). When planning your budget based on a salary from Lake Toyota, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,200+ A significant portion of Lake Toyota salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $35 (CAT monthly pass, free for UND) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,005 - $3,265+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lake Toyota

1. How much does Lake Toyota in the United States pay?

Lake Toyota pays its employees an average of $79,036 per year. The average salary at Lake Toyota range from $69,505 to $89,369 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. Do Lake Toyota employees get a higher salary than its peer company?

The salary at Lake Toyota is lesser than its peer company. The average annual salary at Lake Toyota is $79,036, or an hourly wage of $38, in comparison to Ahlers & Ogletree Auction Gallery which pays $89,943 per year or $43 per hour.

3. What are the highest paying jobs at Lake Toyota?

The higher-paying job at Lake Toyota, according to our data, include Service Manager (avg. $108,983 per year), Sales Manager (avg. $96,184 per year), and Sales Consultant (avg. $73,989 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Lake Toyota?

Salary progression with years of experience at Lake Toyota is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

5. Do salaries at Lake Toyota vary by office location?

Yes, it's very likely that salaries at Lake Toyota vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Grand Forks section provides more context.

6. Does Lake Toyota offer good benefits?

Lake Toyota typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Lake Toyota" section on this page.