Medfab Co Salary

Medfab Co Salary

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As of July 2026, the average annual salary for employees at Medfab Co in the United States is $94,215. This translates to an approximate hourly wage of $45. Salaries at Medfab Co typically range from $82,985 to $106,319 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Medfab Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Medfab Co. Based on our data, the highest paying job is the Co-Founder, with an annual salary of $729,305. The table below outlines the annual salary ranges for most popular roles within the company.
How accurate does the salary look to you?

Current Job Openings at Medfab Co

Ready for your next career move? Explore current job openings at Medfab Co. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Medfab Co’s Pay Competitive? Salary Benchmarking Analysis

How does Medfab Co'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
Ecosa $82,201
-12.8%
Typical compensation structure for smaller regional agencies like Ecosa.
CyCan Industries LLC $87,380
-7.3%
CyCan Industries LLC focuses strategically on recruiting and training entry-level apprentices.
Summit Machine Inc $94,014
-0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Rushford Manufacturing $81,768
-13.2%
Rushford Manufacturing operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $121,746
+29.2%
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.

How Medfab Co's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Medfab Co. Click a company name to learn more.

Employee Reviews: Working at Medfab Co

Considering a career at Medfab Co? 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.
The company provides ongoing training and opportunities for lateral moves, so you’re always learning. Training is available and it is somehow frequent. Employees appreciate stability but seek more dynamic opportunities. This makes us feel heard and valued, contributing to a better workplace. This predictability and fairness create a stable and trustworthy work environment where everyone feels they...
Commented in February 19, 2025
26
1
Strong teamwork fosters efficient and high-quality production. Every day feels productive and purposeful. Managers treat employees with professionalism and respect. Career progression exists but is influenced by seniority. Knowing the long-term goals and how our work contributes to them is very motivating. Overall, it's a company that values both product quality and people. There's strong communic...
Commented in June 12, 2024
12
1
Reliable production processes and experienced staff ensure timely delivery and consistent product quality. Some roles involve more sitting or standing than expected. Proud to work in a company that values consistency, innovation, and continuous improvement every day.
Commented in January 29, 2024
24
3

Medfab Co Overview

Website
www.medfabinc.com
Founded In
1994
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
21625 Grenada Ave Lakeville Minnesota MN 55044
Revenue
$5 Million - $10 Million
Phone Number
+1 9524695095
Social Media
About Medfab Co
Medfab Manufacturing is a precision machine shop established to support the medical device industry, semi-conductor industry, and other high tech OEM industries in their short-to-extended run, tight tolerance machining requirements. We work as an extension of your engineering department to assist with the manufacturability of your parts with the goal of eliminating costs and improving lead times.

What Benefits Does Medfab Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Medfab Co 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 Lakeville?

Understanding the cost of living near Lakeville is key to truly evaluating a salary offer or your current compensation at Medfab Co.
Lakeville's Cost of Living Index is approximately 110.7 (10.7% more expensive than US average; 14.0% more than MN average). Mpls suburb, growing, housing above US avg. MVTA bus. When planning your budget based on a salary from Medfab Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Medfab Co salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $85 (MVTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,925 - $4,525+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Medfab Co

1. What is the typical salary range (low to high) for most roles at Medfab Co?

The typical annual salary range for most roles at Medfab Co is approximately from $82,985 to $106,319. 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. How much does Medfab Co pay compared to Ecosa?

The average annual salary at Medfab Co is $94,215, or an hourly wage of $45, in comparison to Ecosa which pays $82,201 per year or $40 per hour.

3. Do salaries differ significantly between departments at Medfab Co?

Yes, salaries often differ between departments at Medfab Co due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Medfab Co?

Experience level is a significant factor in determining salary at Medfab Co, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Medfab Co in Lakeville is fair given the local cost of living?

To determine if a salary offer from Medfab Co in Lakeville is fair, first compare the gross salary to our data for similar roles at Medfab Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Lakeville" to understand its purchasing power.

6. Are the salaries listed for Medfab Co on Salary.com pre-tax or after-tax?

All salary figures displayed for Medfab Co, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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