Lucid Labs Salary

As of July 2026, the average annual salary for employees at Lucid Labs in the United States is $102,442. This translates to an approximate hourly wage of $49. Salaries at Lucid Labs typically range from $90,252 to $115,696 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lucid Labs

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Is Lucid Labs’s Pay Competitive? Salary Benchmarking Analysis

How does Lucid Labs'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
Innopsys Inc $101,377
-1.0%
Confirms Innopsys Inc is a direct competitor vying for the exact same talent pool.
Stroma Medical Corp $105,438
+2.9%
Suggests Stroma Medical Corp utilizes a highly similar base-plus-benefits compensation model.
BioRESEARCH Associates Inc $94,869
-7.4%
BioRESEARCH Associates Inc focuses strategically on recruiting and training entry-level apprentices.
Egg Medical Inc $100,892
-1.5%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Biotechnology Industry $130,524
+27.4%
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.

Employee Reviews: Working at Lucid Labs

Considering a career at Lucid Labs? 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.
Working feels like being part of something truly monumental. Management genuinely supports employee growth through extensive training programs and mentorship opportunities. Workloads are manageable, though repetitive tasks are common. The company stays ahead with innovative solutions and encourages entrepreneurial thinking.
This encourages experimentation and innovative thinking, which is crucial for scientific advancement and personal development. The work is consistent, and expectations are clearly outlined. Strategic direction occasionally lacks transparency. The work is generally routine, and job expectations are clearly communicated. Benefits are decent and it is exceptional. It’s a reliable workplace for those ...
This thoughtful approach allows us to remain passionate and productive without sacrificing our personal lives, fostering a sustainable and healthy workplace. The company is well-structured and provides steady employment, which is appreciated. The benefits package is comprehensive, and the company actively promotes employee well-being through various thoughtful initiatives. Workload balance fluctua...

Lucid Labs Overview

Website
www.lucidlabs.com
Founded In
2007
Employees
<25 employees
Industry
Biotechnology
Headquarter Address
601 Carlson Pkwy Minnetonka Minnesota MN 55305
Revenue
$5 Million - $10 Million
Phone Number
+1 6128398602
Social Media
About Lucid Labs
Lucid Patent, LLC provides a web based software solution, which enables attorneys to quickly and inexpensively create FTO charts, custom patent charting, portfolio visualization and analysis for use with their clients. Lucid Patent was formed in 2007. However, the software has been in development since 2005. Our software was originally developed in collaboration with the IP law firm Schwegman, Lun

What Benefits Does Lucid Labs Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lucid Labs 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Lucid Labs.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Lucid Labs, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Lucid Labs salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lucid Labs

1. How much does Lucid Labs in the United States pay?

Lucid Labs pays its employees an average of $102,442 per year. The average salary at Lucid Labs range from $90,252 to $115,696 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 Lucid Labs employees get a higher salary than its peer company?

The salary at Lucid Labs is higher than its peer company. The average annual salary at Lucid Labs is $102,442, or an hourly wage of $49, in comparison to Innopsys Inc which pays $101,377 per year or $49 per hour.

3. What are the highest paying jobs at Lucid Labs?

The higher-paying job at Lucid Labs, according to our data, include Co-Founder (avg. $792,992 per year), Program Manager (avg. $140,853 per year), and Design Engineer (avg. $125,128 per year). Pay for these roles reflects significant responsibility, specialized skills and experience.

4. How much does salary increase with years of experience at Lucid Labs?

Salary progression with years of experience at Lucid Labs 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 Lucid Labs vary by office location?

Yes, it's very likely that salaries at Lucid Labs 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 Minneapolis section provides more context.

6. Does Lucid Labs offer good benefits?

Lucid Labs 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 Lucid Labs" section on this page.