| Competitor / Benchmark | Avg. Salary | Variance | Primary Market Influence Factor & Explanation |
|---|---|---|---|
| California MedTech LLC | $101,124 |
-7.7%
|
California MedTech LLC likely leverages performance bonuses over the high base salary shown here. |
| S&T Info Corp | $106,092 |
-3.2%
|
S&T Info Corp operates with a leaner overhead structure, impacting base wage offers. |
| Symbiotic Research LLC | $108,233 |
-1.2%
|
Suggests Symbiotic Research LLC utilizes a highly similar base-plus-benefits compensation model. |
| Polymer Processing Institute | $108,560 |
-0.9%
|
Indicates identical technical requirements and experience levels between the two firms. |
| Biotechnology Industry | $130,524 |
+19.1%
|
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors. |
$101,124 / year
Salary Range: $89,088 - $114,208
San Diego, CA
$106,092 / year
Salary Range: $93,459 - $119,805
Staten Island, NY
$108,233 / year
Salary Range: $95,347 - $122,232
Budd Lake, NJ
$108,560 / year
Salary Range: $95,640 - $122,598
Newark, NJ
$101,092 / year
Salary Range: $89,060 - $114,159
Cherry Hill, NJ
$99,636 / year
Salary Range: $87,777 - $112,525
Millville, NJ
$106,166 / year
Salary Range: $93,532 - $119,890
Somerville, NJ
$104,288 / year
Salary Range: $91,874 - $117,769
Hopewell, NJ
$105,406 / year
Salary Range: $92,863 - $119,037
New Providence, NJ
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) | $1,100 - $1,600+ | A significant portion of Medstro salary. Location choices impact this heavily. |
| Utilities (Basic) | $150 - $250 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | NJ Transit bus/rail (varies) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $420 - $620 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $330 - $630+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $380 - $700+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,430 - $3,800+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
Medstro pays its employees an average of $109,562 per year. The average salary at Medstro range from $96,519 to $123,732 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 Medstro is higher than the similar company. The average annual salary at Medstro is $109,562, or an hourly wage of $53, in comparison to California MedTech LLC which pays $101,124 per year or $49 per hour.
In many roles at Medstro, 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.
Trenton's Cost of Living Index is approximately 97.8 (2.2% less expensive than US average; 14.3% less than NJ average). This significantly impacts the purchasing power of a salary from Medstro based there. Our "Cost of Living Insights for Trenton" module details this impact, helping you assess the 'real feel' value of your compensation.
Medstro 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 Medstro" section on this page.
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