Practical Machinist Salary

As of May 2026, the average annual salary for employees at Practical Machinist in the United States is $93,508. This translates to an approximate hourly wage of $45. Salaries at Practical Machinist typically range from $82,362 to $105,514 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Practical Machinist Pay for Different Roles?

Explore detailed salary information for specific jobs at Practical Machinist. Based on our data, the highest paying job is the Digital Project Manager, with an annual salary of $106,631. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Practical Machinist

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

Is Practical Machinist’s Pay Competitive? Salary Benchmarking Analysis

How does Practical Machinist'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
AV Water Technologies LLC $90,470
-3.2%
AV Water Technologies LLC focuses strategically on recruiting and training entry-level apprentices.
Breck Ironworks $87,759
-6.1%
Breck Ironworks operates with a leaner overhead structure, impacting base wage offers.
Jozef Custom Ironworks Inc $99,014
+5.9%
Data suggests Jozef Custom Ironworks Inc's workforce skews heavily towards veteran, high-tenure roles.
Plexagon LLC $86,409
-7.6%
Reflects market rates for standard general contracting, differing from specialized roles.
MFG Durable Industry $121,746
+30.2%
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.

Employee Reviews: Working at Practical Machinist

Considering a career at Practical Machinist? 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.
Training was thorough, and support continued afterward. Clear communication streamlines operations effectively. The workload is manageable, though breaks could be longer. The work environment is positive, and there's a strong emphasis on teamwork and achieving collective goals. It’s refreshing to work for a company that invests in its people.
This company has a clear vision for the future and effectively communicates it to the employees. It’s good to know you’re working for a company that takes its responsibilities seriously. Career advancement exists but is competitive. Workplace culture is professional but can feel formal or rigid.
The leadership team encourages feedback and new ideas. Management is approachable and responsive, creating an environment where you feel heard and respected, which is very important. The company culture is professional but may feel rigid and hierarchical, limiting employee autonomy. Career advancement is possible but often competitive The workplace culture is professional but can sometimes feel ri...

Practical Machinist Overview

Website
www.practicalmachinist.com
Founded In
2000
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1605 N Penny Ln Schaumburg Illinois IL 60173
Revenue
<$5 Million
Phone Number
+1 8473109000
Social Media
About Practical Machinist
With more than 10.6 million unique visitors over the last year, Practical Machinist is the most visited site for metalworking professionals. Practical Machinist is the easiest way to learn new techniques, get answers quickly and discuss common challenges with your peers. Register for the world's largest manufacturing technology forum for free today to stay in the know.

What Benefits Does Practical Machinist Offer Beyond Salary?

A competitive compensation package is more than just a salary. Practical Machinist 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 Schaumburg?

Understanding the cost of living near Schaumburg is key to truly evaluating a salary offer or your current compensation at Practical Machinist.
Schaumburg's Cost of Living Index is approximately 108.2 (8.2% more expensive than US average; 15.4% more than IL average). NW Chicago suburb, major commercial/retail hub (Woodfield Mall), housing costs above US avg. Pace bus. When planning your budget based on a salary from Practical Machinist, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Practical Machinist salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace bus (varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,250+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Practical Machinist

1. What is the estimated average total compensation at Practical Machinist?

Salary.com estimates that the average total compensation package at Practical Machinist, which can include base salary, potential bonuses, and benefits, is around $93,508 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Practical Machinist pay compared to AV Water Technologies LLC?

The average annual salary at Practical Machinist is $93,508, or an hourly wage of $45, in comparison to AV Water Technologies LLC which pays $90,470 per year or $43 per hour.

3. Do salaries differ significantly between departments at Practical Machinist?

Yes, salaries often differ between departments at Practical Machinist 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 Practical Machinist?

Salary progression from an entry-level to a senior role at Practical Machinist 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 Practical Machinist in Schaumburg is fair given the local cost of living?

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

6. Are promotions at Practical Machinist usually accompanied by a significant salary increase?

Yes, promotions at Practical Machinist 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.