Tower Marine Salary

As of September 2026, the average annual salary for employees at Tower Marine in the United States is $85,555. This translates to an approximate hourly wage of $41. Salaries at Tower Marine typically range from $75,242 to $96,746 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Tower Marine Pay for Different Roles?

Explore detailed salary information for specific jobs at Tower Marine. Based on our data, the highest paying job is the President, with an annual salary of $662,269. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Tower Marine’s Pay Competitive? Salary Benchmarking Analysis

How does Tower Marine'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
OLIVER McCRUM WINES & SPIRITS $108,402
+26.7%
Data suggests OLIVER McCRUM WINES & SPIRITS's workforce skews heavily towards veteran, high-tenure roles.
Susquehanna Valley Jaguar Club $87,063
+1.8%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
IT Action Inc $99,868
+16.7%
Influenced by prevailing union wage agreements specific to IT Action Inc's sector.
EUA Air Support Inc $89,574
+4.7%
Reflects a supply-demand imbalance for the specific talent EUA Air Support Inc targets.
Retail & Wholesale Industry $123,318
+44.1%
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 Tower Marine

Considering a career at Tower Marine? 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.
I appreciate the work-life balance this company offers. It’s a good place for those who prefer a low-drama, stable work environment. While not the most glamorous workplace, it offers steady hours and a predictable routine. Employee benefits, including health coverage and paid time off, are above average. Competitive pay for the industry.
The company culture is inclusive, and there’s a strong emphasis on employee recognition. The company values employee feedback and makes meaningful changes. The work atmosphere is energetic, and collaboration is encouraged. The team is cooperative, and the company provides adequate resources.
A solid employer in the industry. The company also offers good health benefits and paid time off. Compensation is competitive, with bonuses tied to performance. Highly recommend for anyone in the retail sector. The Retail & Wholesale sector has its challenges, but the company handles them efficiently. The training programs are excellent, and managers are supportive.

Tower Marine Overview

Website
www.towermarine.com
Founded In
1960
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
216 St Peters Dr Douglas Michigan MI 49406
Revenue
<$5 Million
Phone Number
+1 2698572151
Social Media
About Tower Marine
Tower Marine Serving Michigan - A Family Tradition since 1962. Enjoy your Summer on the Lake Michigan Shore in Saugatuck/Douglas.

What Benefits Does Tower Marine Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tower Marine 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 Grand Rapids?

Understanding the cost of living near Grand Rapids is key to truly evaluating a salary offer or your current compensation at Tower Marine.
Grand Rapids' Cost of Living Index is approximately 89.5 (10.5% less expensive than US average; 2.0% less than MI average). Western MI city, growing, affordable housing. The Rapid bus. When planning your budget based on a salary from Tower Marine, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of Tower Marine salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (The Rapid monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,210 - $3,580+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tower Marine

1. What is the average salary for employees at Tower Marine?

The average annual total compensation for employees at Tower Marine is approximately $85,555. However, this is an aggregate figure, actual salaries can range significantly, typically from $75,242 to $96,746, depending on factors like job role, experience, and location.

2. How much does Tower Marine pay compared to OLIVER McCRUM WINES & SPIRITS?

The average annual salary at Tower Marine is $85,555, or an hourly wage of $41, in comparison to OLIVER McCRUM WINES & SPIRITS which pays $108,402 per year or $52 per hour.

3. What is the lowest salary at Tower Marine?

The lowest-paying job at Tower Marine is a Dock Worker with a salary of $32,830 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Tower Marine?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Tower Marine for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Tower Marine offer cost-of-living adjustments (COLA) for employees in high-cost areas like Grand Rapids?

While some companies offer formal COLA, many, including potentially Tower Marine, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Tower Marine?

Most companies, likely including Tower Marine, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.