Milco Precision Machining Salary

Milco Precision Machining Salary

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As of July 2026, the average annual salary for employees at Milco Precision Machining in the United States is $74,060. This translates to an approximate hourly wage of $36. Salaries at Milco Precision Machining typically range from $64,993 to $84,286 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Milco Precision Machining Pay for Different Roles?

Explore detailed salary information for specific jobs at Milco Precision Machining. Based on our data, the highest paying job is the FT Utility Aide- Dishwasher, with an annual salary of $157,123. The table below outlines the annual salary ranges for most popular roles within the company.

Assistant Chief of Fire

$110,320 / year

Salary Range: $90,752 - $133,451

IRA Accounts

Full-time Server

$22,608 / year

Salary Range: $19,770 - $25,610

IT Infrastructure

Maintenance I - Housekeeper

$56,086 / year

Salary Range: $50,077 - $62,486

Facilities Operations

FT Utility Aide- Dishwasher

$157,123 / year

Salary Range: $140,612 - $175,420

Trading

Move-In Coordinator

$40,328 / year

Salary Range: $36,517 - $45,032

Customer Service

Maintenance Technician II

$50,724 / year

Salary Range: $43,919 - $60,295

Oil and Gas

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Milco Precision Machining.
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About Milco Precision Machining: Company Profile

Website
www.milcoprecision.com
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
All Industries
Headquarter Location
ADDISON
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MILCO PRECISION MACHINING
MILCO PRECISION MACHINING, INC. is a machinery company based out of 730 W. ANNORENO DR., ADDISON, Illinois, United States.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Milco Precision Machining's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The work-life balance is excellent, and the company offers solid benefits. Benefits like 401(k) matching are a great plus. The projects are challenging yet rewarding, and there’s a good balance between autonomy and teamwork. The leadership team is approachable, and employee feedback is valued.
Commented in May 12, 2025
50
1
The company provides a stable work environment with reasonable demands. Colleagues are professional, and teamwork is generally smooth. The work environment is inclusive, and diversity is celebrated. Employees are given autonomy, which fosters creativity and ownership. The work-life balance is excellent, making it a standout employer.
Commented in October 27, 2024
43
3
Projects are meaningful, and employee contributions are recognized. The team is professional, and communication is efficient. The team is professional, and workloads are reasonable. Colleagues are respectful, and communication is straightforward. Compensation is fair, and work flexibility is a major perk. Compensation is fair, and there are regular opportunities for bonuses. Projects are well-orga...
Commented in May 29, 2024
12
1
Career growth is encouraged through mentorship and internal promotions. Training programs are excellent, and career advancement is encouraged. Pay is very decent, though not exceptional. It’s a forward-thinking organization that I’m proud to be part of. The team is collaborative, and the work environment is positive.
Commented in January 15, 2024
15
2

How Milco Precision Machining's Salaries Compare to Similar Companies?

The data below provides a snapshot of what comparable firms are paying, offering crucial context for evaluating Milco Precision Machining’s pay competitiveness. Click on a company for a deeper dive.

Is Milco Precision Machining’s Pay Competitive? Salary Benchmarking Analysis

How does Milco 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
MIDWEST BENDER SERVICES TUBE BENDER EXPERTS $67,143
-9.3%
Typical compensation structure for smaller regional agencies like MIDWEST BENDER SERVICES TUBE BENDER EXPERTS.
MCGILL MACHINE WORKS $73,841
-0.3%
Indicates identical technical requirements and experience levels between the two firms.
MICRO MACHINE SHOP $75,286
+1.7%
Suggests MICRO MACHINE SHOP utilizes a highly similar base-plus-benefits compensation model.
METALAGRAPHICS $77,531
+4.7%
Reflects structural premiums typical of METALAGRAPHICS's large-cap national operations.
All Industries Industry $120,093
+62.2%
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.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Milco Precision Machining.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Milco Precision Machining, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Milco Precision Machining salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day 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 $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Milco Precision Machining

FAQ 1: What is the typical salary range (low to high) for most roles at Milco Precision Machining?
The typical annual salary range for most roles at Milco Precision Machining is approximately from $64,993 to $84,286. 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.
FAQ 2: How much does Milco Precision Machining pay compared to MIDWEST BENDER SERVICES TUBE BENDER EXPERTS?
The average annual salary at Milco Precision Machining is $74,060, or an hourly wage of $36, in comparison to MIDWEST BENDER SERVICES TUBE BENDER EXPERTS which pays $67,143 per year or $32 per hour.
FAQ 3: How does experience level affect salary at Milco Precision Machining?
Experience level is a significant factor in determining salary at Milco 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.
FAQ 4: How can I determine if a salary offer from Milco Precision Machining in Chicago is fair given the local cost of living?
To determine if a salary offer from Milco Precision Machining in Chicago is fair, first compare the gross salary to our data for similar roles at Milco Precision Machining and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: What factors influence salary increases at Milco Precision Machining?
Salary increases at Milco Precision Machining are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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