Torax Medical Inc Salary

As of August 2026, the average annual salary for employees at Torax Medical Inc in the United States is $108,739. This translates to an approximate hourly wage of $52. Salaries at Torax Medical Inc typically range from $95,731 to $122,927 annually, reflecting the diverse roles and experience levels within the company.
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Is Torax Medical Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Torax Medical 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
Ev3 Inc $108,338
-0.4%
Suggests Ev3 Inc utilizes a highly similar base-plus-benefits compensation model.
TGR Industrial Services $98,276
-9.6%
TGR Industrial Services likely leverages performance bonuses over the high base salary shown here.
North Carolina Biotechnology Center $98,402
-9.5%
Reflects market rates for standard general contracting, differing from specialized roles.
Prevor Co $117,251
+7.8%
Driven by niche technical certifications required for Prevor Co's specialized projects.
Biotechnology Industry $130,524
+20.0%
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 Torax Medical Inc

Considering a career at Torax Medical 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.
Compensation is competitive, and the culture is inclusive and dynamic. This shared purpose unites us across all roles. There’s a strong emphasis on interdisciplinary collaboration and professional respect. Projects are clearly defined, but scope for creativity is minimal.
Surprisingly good work-life balance for biotech. The work suits those who prefer routine and structure over innovation. It’s clear the company values its people beyond just their scientific contributions. The focus on breakthrough therapies is exciting, and there’s a clear path for career advancement. The team culture is encouraging, and there are great opportunities to grow. Work-life balance is ...
The organization runs efficiently, and expectations are generally reasonable. The atmosphere is collegial and it is overly collaborative. The culture is polite and it is especially warm or inclusive. While the company offers solid science and meaningful projects, the pace can be intense, and priorities shift frequently. A mission-driven team with clear goals and genuine energy.

Torax Medical Inc Overview

Website
www.yelp.com/biz/torax-medical-saint-paul
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Biotechnology
Headquarter Address
4188 Lexington Ave N Saint Paul Minnesota MN 55126
Revenue
$10 Million - $50 Million
Phone Number
+1 6513618900
Social Media

What Benefits Does Torax Medical Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Torax Medical 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 Saint Paul?

Understanding the cost of living near Saint Paul is key to truly evaluating a salary offer or your current compensation at Torax Medical Inc.
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 Torax Medical Inc, 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 Torax Medical 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) $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 Torax Medical Inc

1. What is the typical salary range (low to high) for most roles at Torax Medical Inc?

The typical annual salary range for most roles at Torax Medical Inc is approximately from $95,731 to $122,927. 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 Torax Medical Inc pay compared to Ev3 Inc?

The average annual salary at Torax Medical Inc is $108,739, or an hourly wage of $52, in comparison to Ev3 Inc which pays $108,338 per year or $52 per hour.

3. How does experience level affect salary at Torax Medical Inc?

Experience level is a significant factor in determining salary at Torax Medical Inc, 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.

4. How can I determine if a salary offer from Torax Medical Inc in Saint Paul is fair given the local cost of living?

To determine if a salary offer from Torax Medical Inc in Saint Paul is fair, first compare the gross salary to our data for similar roles at Torax Medical Inc 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.

5. Why might an individual's actual salary at Torax Medical Inc differ from the ranges shown here?

An individual's actual salary at Torax Medical Inc can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.