Midwest Precision Machining Salary

As of September 2026, the average annual salary for employees at Midwest Precision Machining in the United States is $88,023. This translates to an approximate hourly wage of $42. Salaries at Midwest Precision Machining typically range from $77,533 to $99,332 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Midwest Precision Machining Pay for Different Roles?

Explore detailed salary information for specific jobs at Midwest Precision Machining. Based on our data, the highest paying job is the Manager, Production, with an annual salary of $97,965. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Midwest Precision Machining’s Pay Competitive? Salary Benchmarking Analysis

How does Midwest Precision Machining'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
Busby International Inc $88,171
+0.2%
Suggests Busby International Inc utilizes a highly similar base-plus-benefits compensation model.
Grand Seiko Corporation of America $101,124
+14.9%
Reflects a supply-demand imbalance for the specific talent Grand Seiko Corporation of America targets.
New England Drives & Controls Inc $94,489
+7.3%
Influenced by prevailing union wage agreements specific to New England Drives & Controls Inc's sector.
Stumpp Schuele & Somappa $84,511
-4.0%
Stumpp Schuele & Somappa operates with a leaner overhead structure, impacting base wage offers.
MFG Durable Industry $121,746
+38.3%
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 Midwest Precision Machining

Considering a career at Midwest Precision Machining? 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.
They ensure we have the right training and tools to do our jobs effectively and safely. Equipment is modern and well-maintained. The company truly values its employees and is committed to creating a safe, positive, and growth-focused work environment. It's a solid option for routine work and it is long-term excitement or challenge.
The environment promotes continuous improvement, and we often see the direct impact of our suggestions on the line. Team environment is great and communication is strong across departments. What I appreciate most is the stability and job security this company provides. It suits employees who value routine and predictability over rapid change. They also encourage continuous learning, providing reso...
Managers are often on the floor, talking to employees and understanding the day-to-day operations. It’s a company where people are appreciated and given room to grow. You’ll stay busy, but it’s not usually overwhelming unless someone is out.

Midwest Precision Machining Overview

Website
www.mpmminnesota.com
Founded In
Data pending, update soon.
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
108 Chelsea Rd Monticello Minnesota MN 55362
Revenue
<$5 Million
Phone Number
+1 7632951100
Social Media
About Midwest Precision Machining
Midwest Precision Machining is a company that operates in the Machinery industry. It employs 11-20 people and has $1M-$5M of revenue. The company is headquartered in Monticello, Minnesota.

What Benefits Does Midwest Precision Machining Offer Beyond Salary?

A competitive compensation package is more than just a salary. Midwest Precision Machining 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 Midwest Precision Machining.
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 Midwest Precision Machining, 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 Midwest Precision Machining 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 Midwest Precision Machining

1. What is the typical salary range (low to high) for most roles at Midwest Precision Machining?

The typical annual salary range for most roles at Midwest Precision Machining is approximately from $77,533 to $99,332. 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 Midwest Precision Machining pay compared to Busby International Inc?

The average annual salary at Midwest Precision Machining is $88,023, or an hourly wage of $42, in comparison to Busby International Inc which pays $88,171 per year or $42 per hour.

3. Do salaries differ significantly between departments at Midwest Precision Machining?

Yes, salaries often differ between departments at Midwest Precision Machining 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 Midwest Precision Machining?

Experience level is a significant factor in determining salary at Midwest Precision Machining, 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 Midwest Precision Machining in Minneapolis is fair given the local cost of living?

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

6. What are the key factors that influence salary levels at Midwest Precision Machining?

Several key factors influence salary levels at Midwest Precision Machining. These primarily include: 1. Job Role & Responsibilities: More complex roles with greater impact typically command higher pay. 2. Experience & Skills: Your years of relevant experience and specific in-demand skills are critical. 3. Performance: Strong performance can lead to higher raises and bonuses. 4. Location: Office location impacts pay due to varying local market rates and cost of living. 5. Industry Benchmarks: Midwest Precision Machining likely benchmarks its salaries against other companies in the MFG Durable sector. You can explore how these factors play out in our detailed salary data.