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Lex Tooling Salary

Lex Tooling Salary

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As of October 2026, the average annual salary for employees at Lex Tooling in the United States is $70,230. This translates to an approximate hourly wage of $34. Salaries at Lex Tooling typically range from $61,763 to $79,685 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Lex Tooling Pay for Different Roles?

Explore detailed salary information for specific jobs at Lex Tooling. Based on our data, the highest paying job is the Director of Finance and Accounting, with an annual salary of $191,976. The table below outlines the annual salary ranges for most popular roles within the company.

Sales Manager

$162,882 / year

Salary Range: $141,562 - $186,912

Sales

Technical Performance Specialist - Tooling Tryout

$109,843 / year

Salary Range: $101,182 - $119,364

Engineering

Tooling Tryout Technician

$94,252 / year

Salary Range: $87,084 - $102,477

Engineering

Business Systems Analyst

$86,076 / year

Salary Range: $78,076 - $95,333

Information Technology

Digital Marketing & Content Specialist

$114,029 / year

Salary Range: $101,095 - $128,388

Digital Marketing

Director of Finance and Accounting

$191,976 / year

Salary Range: $169,559 - $217,672

Management

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Lex Tooling.
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About Lex Tooling: Company Profile

Website
www.lextooling.com
Founded In
Data pending, update soon.
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Location
TIPTON
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About LEX TOOLING
Lex Tooling has been providing highperformance coatings, machining and grinding services for over thirty years in Tipton, Indiana.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Lex Tooling's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
A good entry point for manufacturing work, though long-term advancement may be limited. I’ve been with this company for several years, and the positive culture has been consistent. Everyone understands the importance of quality and takes their responsibilities seriously. Processes are well-documented, and improvements are welcomed.
Commented in February 03, 2025
46
0
Leadership is approachable and open to suggestions, which makes you feel heard. The company's lean manufacturing approach eliminates waste and improves quality. The company maintains a culture of safety, quality, and efficiency, supported by modern technology and equipment. Schedules are consistent, and shifts are rarely disrupted. I feel valued and secure, knowing that safety and well-being are t...
Commented in October 13, 2024
46
2
The processes are well-documented, and production targets are realistic. We meet goals without burnout, and coworkers respect each other’s efforts. Workload varies seasonally, sometimes causing stress. people, there's a family-like atmosphere where everyone's contribution matters.
Commented in July 29, 2024
36
3
Flexible scheduling options provide work-life balance, which employees appreciate. They also encourage continuous learning, providing resources for us to improve our skills. Great hands-on learning experience. They provide ongoing training, encourage internal promotion, and maintain a very safe and respectful environment.
Commented in February 10, 2024
11
0

How Lex Tooling's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Lex Tooling’s pay competitiveness. Click on a company for a deeper dive.

Is Lex Tooling’s Pay Competitive? Salary Benchmarking Analysis

How does Lex Tooling'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
LONERO ENGINEERING CO., INC. $75,289
+7.2%
Data suggests LONERO ENGINEERING CO., INC.'s workforce skews heavily towards veteran, high-tenure roles.
LANGE INDUSTRIES $81,378
+15.9%
Driven by niche technical certifications required for LANGE INDUSTRIES's specialized projects.
LIGHTNING PREVENTOR OF AMERICA $72,669
+3.5%
Reflects a supply-demand imbalance for the specific talent LIGHTNING PREVENTOR OF AMERICA targets.
THE LAUTERBACH GROUP $73,394
+4.5%
Adjusted for higher cost-of-living indices in THE LAUTERBACH GROUP's primary metro hubs.
MFG Durable Industry $121,746
+73.4%
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.

What Is the Cost of Living Near Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Lex Tooling.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Lex Tooling, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Lex Tooling salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Lex Tooling

FAQ 1: How much does a Lex Tooling employee make?
Lex Tooling pays its employees an average of $70,230 per year. The average salary at Lex Tooling range from $61,763 to $79,685 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.
FAQ 2: Which similar company tend to pay more or less than Lex Tooling?
The salary at Lex Tooling is lesser than the similar company. The average annual salary at Lex Tooling is $70,230, or an hourly wage of $34, in comparison to LONERO ENGINEERING CO., INC. which pays $75,289 per year or $36 per hour.
FAQ 3: Do employees with advanced degrees (Master's, PhD) earn more at Lex Tooling?
In many roles at Lex Tooling, 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.
FAQ 4: How does the cost of living near Indianapolis affect the perceived value of a Lex Tooling salary?
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). This significantly impacts the purchasing power of a salary from Lex Tooling based there. Our "Cost of Living Insights for Indianapolis" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Lex Tooling typically offer employees?
Lex Tooling 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 Lex Tooling" section on this page.

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