Park Tool Co Salary

As of July 2026, the average annual salary for employees at Park Tool Co in the United States is $100,333. This translates to an approximate hourly wage of $48. Salaries at Park Tool Co typically range from $88,327 to $113,318 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Park Tool Co

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Is Park Tool Co’s Pay Competitive? Salary Benchmarking Analysis

How does Park Tool 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
Littelfuse Industrial Products $102,748
+2.4%
Suggests Littelfuse Industrial Products utilizes a highly similar base-plus-benefits compensation model.
Poly Wall $92,949
-7.4%
Normalized for lower cost-of-living zones where Poly Wall primarily operates.
Panefri Industrial Co Ltd $106,334
+6.0%
Supported by Panefri Industrial Co Ltd's high-margin contracts allowing higher overhead.
Fremont Micro Devices Ltd $115,068
+14.7%
Influenced by prevailing union wage agreements specific to Fremont Micro Devices Ltd's sector.
MFG Durable Industry $121,746
+21.3%
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 Park Tool Co

Considering a career at Park Tool 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.
Employees appreciate the flexible scheduling options and recognition programs that celebrate achievements. Workloads can fluctuate significantly during busy periods. The company offers reasonable benefits and job stability but can be bureaucratic in decision-making. Good benefits and competitive pay.
Management recognizes that experienced production workers are the company's greatest asset. Our esteemed leadership team consistently leads by inspiring example, demonstrating remarkable passion for media, unwavering dedication to our shared mission, and a strong, unshakeable commitment to upholding our company's core creative values and ethical standards. The culture is professional but may feel ...
There are real opportunities for growth here. Promotion is possible but highly competitive. The job is straightforward, with predictable routines. The company also supports local communities, which builds even more pride in the brand.
Management is approachable and responsive, creating an environment where you feel heard and respected, which is very important. The benefits package is competitive, featuring health insurance, wellness programs, and retirement plans. Most departments function well independently, but inter-department communication could improve.
Overall, it’s a stable job for someone looking for consistency and regular hours in a manufacturing environment. This manufacturing firm provides stable employment and reasonable benefits. Overall, the workplace offers consistency but limited excitement or innovation. We’re kept informed about company performance and future plans. It feels good to be recognized for our efforts.

Park Tool Co Overview

Website
www.parktool.com
Founded In
1963
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
5115 Hadley Ave N Saint Paul Minnesota MN 55128
Revenue
$10 Million - $50 Million
Phone Number
+1 6517776868
Social Media
About Park Tool Co
Park Tool has been manufacturing bicycle specific tools since 1963. Based out of St. Paul Minnesota, we are the world's largest bicycle tool manufacturer. A long-term dedication to quality, innovation, and customer service has made Park Tool the first choice of professional and home bicycle mechanics around the world. Perspective is an important quality in any business. Our vision is shaped by mor

What Benefits Does Park Tool Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Park Tool 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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How Much Should You Be Earning?

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What Is the Cost of Living Near Saint Paul?

Understanding the cost of living near Saint Paul is key to truly evaluating a salary offer or your current compensation at Park Tool Co.
Saint Paul's Cost of Living Index is approximately 101.5 (1.5% more expensive than US average; 4.5% more than MN average). State capital, slightly more affordable housing than Minneapolis. Metro Transit. When planning your budget based on a salary from Park Tool Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Park Tool Co 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) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,750 - $4,200+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Park Tool Co

1. What is the estimated average total compensation at Park Tool Co?

Salary.com estimates that the average total compensation package at Park Tool Co, which can include base salary, potential bonuses, and benefits, is around $100,333 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Park Tool Co pay compared to Littelfuse Industrial Products?

The average annual salary at Park Tool Co is $100,333, or an hourly wage of $48, in comparison to Littelfuse Industrial Products which pays $102,748 per year or $49 per hour.

3. Do salaries differ significantly between departments at Park Tool Co?

Yes, salaries often differ between departments at Park Tool 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. What's the typical salary progression for an employee moving from an entry-level to a senior role at Park Tool Co?

Salary progression from an entry-level to a senior role at Park Tool Co can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Park Tool Co in Saint Paul is fair given the local cost of living?

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

6. Are promotions at Park Tool Co usually accompanied by a significant salary increase?

Yes, promotions at Park Tool Co are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.