Thorstad Companies Inc Salary

As of August 2026, the average annual salary for employees at Thorstad Companies Inc in the United States is $81,884. This translates to an approximate hourly wage of $39. Salaries at Thorstad Companies Inc typically range from $72,135 to $92,405 annually, reflecting the diverse roles and experience levels within the company.
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Is Thorstad Companies Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Thorstad Companies Inc'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
US Vet General Contracting LLC $85,439
+4.3%
Reflects structural premiums typical of US Vet General Contracting LLC's large-cap national operations.
Energy Smart LLC $92,010
+12.4%
Data suggests Energy Smart LLC's workforce skews heavily towards veteran, high-tenure roles.
Flawless Homes LLC $93,044
+13.6%
Driven by niche technical certifications required for Flawless Homes LLC's specialized projects.
Associated Piping Services Inc $83,677
+2.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Construction Industry $119,814
+46.3%
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 Thorstad Companies Inc

Considering a career at Thorstad Companies Inc? 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.
The team is generally supportive and professional. Their strategic decisions inspire confidence and ensure that we remain a leading player in the competitive construction market, securing our future. The company’s reputation in the industry is outstanding, and I’m proud to be part of such a respected organization. Benefits are competitive, and work-life balance is encouraged. Despite the inherent ...
Being part of such a stable and respected organization allows us to focus on our tasks with confidence, knowing our efforts contribute to a legacy of excellence in the industry. Their approachable nature and open communication build a strong foundation of trust, making me feel respected and valued not just for my construction skills but as an individual within the company. Safety standards are enf...
Workload depends on project cycle—can be feast or famine. Safety procedures are outlined, but enforcement varies. Leadership supports safety and personal development equally. Equipment is sufficient but occasionally outdated. Collaboration is the foundation here; teams across departments coordinate seamlessly to deliver high-quality projects on time.

Thorstad Companies Inc Overview

Website
www.thorstadcompanies.com
Founded In
2013
Employees
<25 employees
Industry
Construction
Headquarter Address
101 2nd St W Chokio Minnesota MN 56221
Revenue
$5 Million - $10 Million
Phone Number
+1 9522361180
Social Media
About Thorstad Companies Inc
We've built a reputation as a company that offers innovative thinking and quality construction. Customers become repeat customers because they've experienced our expertise, responsiveness and attention to detail. Employees stay with us because of our focus on safety and the ongoing education and training opportunities we offer. Over the years, we've expanded the regions we serve, from our roots in

What Benefits Does Thorstad Companies Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Thorstad Companies Inc 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 Thorstad Companies Inc.
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 Thorstad Companies Inc, 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 Thorstad Companies Inc 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 Thorstad Companies Inc

1. How much does a Thorstad Companies Inc employee make?

Thorstad Companies Inc pays its employees an average of $81,884 per year. The average salary at Thorstad Companies Inc range from $72,135 to $92,405 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.

2. Which similar company tend to pay more or less than Thorstad Companies Inc?

The salary at Thorstad Companies Inc is lesser than the similar company. The average annual salary at Thorstad Companies Inc is $81,884, or an hourly wage of $39, in comparison to US Vet General Contracting LLC which pays $85,439 per year or $41 per hour.

3. How much does a President typically earn at Thorstad Companies Inc?

A President at Thorstad Companies Inc typically earns an average annual base salary of around $633,855, with a general range of $485,831 to $797,244.

4. Do employees with advanced degrees (Master's, PhD) earn more at Thorstad Companies Inc?

In many roles at Thorstad Companies Inc, 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.

5. How does the cost of living near Minneapolis affect the perceived value of a Thorstad Companies Inc salary?

Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). This significantly impacts the purchasing power of a salary from Thorstad Companies Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Thorstad Companies Inc typically offer employees?

Thorstad Companies Inc 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 Thorstad Companies Inc" section on this page.