| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| Warwood Tool Co | $86,145 |
-16.0%
|
Warwood Tool Co likely leverages performance bonuses over the high base salary shown here. |
| Connecticut Metal Industries | $94,921 |
-7.5%
|
Connecticut Metal Industries focuses strategically on recruiting and training entry-level apprentices. |
| Liftinstituut Solutions | $84,194 |
-17.9%
|
Reflects market rates for standard general contracting, differing from specialized roles. |
| S & S Valve Service Inc | $99,046 |
-3.4%
|
S & S Valve Service Inc may offer non-monetary perks in lieu of competitive base salaries. |
| MFG Durable Industry | $121,746 |
+18.7%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$86,145 / year
Salary Range: $75,874 - $97,210
Wheeling, WV
$94,921 / year
Salary Range: $83,599 - $107,111
Ansonia, CT
$84,194 / year
Salary Range: $74,160 - $95,015
Amsterdam, OH
$99,046 / year
Salary Range: $87,237 - $111,769
Metuchen, NJ
$97,084 / year
Salary Range: $85,496 - $109,599
Plymouth, MN
$102,210 / year
Salary Range: $90,004 - $115,379
Tustin, CA
$114,446 / year
Salary Range: $100,781 - $129,194
Campbell, CA
$91,441 / year
Salary Range: $80,520 - $103,209
Bingham Farms, MI
$90,692 / year
Salary Range: $79,888 - $102,343
Houston, TX
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) | $1,800 - $2,600+ | A significant portion of Lumaco salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | NJ Transit bus/rail (varies) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $460 - $680 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $430 - $780+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $410 - $760+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $3,280 - $5,050+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Lumaco pays its employees an average of $102,569 per year. The average salary at Lumaco range from $90,343 to $115,745 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 Lumaco is higher than the similar company. The average annual salary at Lumaco is $102,569, or an hourly wage of $49, in comparison to Warwood Tool Co which pays $86,145 per year or $41 per hour.
A Sales Specialist at Lumaco typically earns an average annual base salary of around $133,260, with a general range of $109,573 to $153,705.
In many roles at Lumaco, 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.
Hackensack's Cost of Living Index is approximately 121.8 (21.8% more expensive than US average; 6.7% more than NJ average). This significantly impacts the purchasing power of a salary from Lumaco based there. Our "Cost of Living Insights for Hackensack" module details this impact, helping you assess the 'real feel' value of your compensation.
Lumaco 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 Lumaco" section on this page.
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