| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Spaceman Ice Systems Co Ltd | $94,067 |
+8.5%
|
Reflects a supply-demand imbalance for the specific talent Spaceman Ice Systems Co Ltd targets. |
| Caros Demo | $104,953 |
+21.0%
|
Reflects structural premiums typical of Caros Demo's large-cap national operations. |
| M S C Industrial Supl Co | $106,735 |
+23.1%
|
Influenced by prevailing union wage agreements specific to M S C Industrial Supl Co's sector. |
| Service Station Franchise Association Inc | $104,003 |
+20.0%
|
Driven by niche technical certifications required for Service Station Franchise Association Inc's specialized projects. |
| Retail & Wholesale Industry | $123,318 |
+42.2%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$94,067 / year
Salary Range: $82,710 - $106,416
Broomfield, CO
$104,953 / year
Salary Range: $92,277 - $118,732
, CA
$106,735 / year
Salary Range: $93,844 - $120,744
Deer Park, NY
$104,003 / year
Salary Range: $91,415 - $117,696
Perris, CA
$88,128 / year
Salary Range: $77,450 - $99,758
New Bern, NC
$87,728 / year
Salary Range: $77,157 - $99,197
Indianapolis, IN
$87,422 / year
Salary Range: $76,882 - $98,856
San Antonio, TX
$86,378 / year
Salary Range: $75,975 - $97,685
Winter Haven, FL
$85,207 / year
Salary Range: $74,930 - $96,344
Orlando, FL
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) | $1,000 - $1,500+ | A significant portion of Lakewood Process Machinery salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $40 (The Rapid monthly pass) | 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 | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $360 - $660+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,210 - $3,580+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Lakewood Process Machinery pays its employees an average of $86,705 per year. The average salary at Lakewood Process Machinery range from $76,250 to $98,039 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.
The salary at Lakewood Process Machinery is lesser than the similar company. The average annual salary at Lakewood Process Machinery is $86,705, or an hourly wage of $42, in comparison to Spaceman Ice Systems Co Ltd which pays $94,067 per year or $45 per hour.
In many roles at Lakewood Process Machinery, 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.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). This significantly impacts the purchasing power of a salary from Lakewood Process Machinery based there. Our "Cost of Living Insights for Grand Rapids" module details this impact, helping you assess the 'real feel' value of your compensation.
Lakewood Process Machinery 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 Lakewood Process Machinery" section on this page.
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