Altec Mfg & Castings Inc Salary

How much does the Altec Mfg & Castings Inc Pay for employees?

As of August 2026, the average annual salary for employees at Altec Mfg & Castings Inc in the United States is $82,760. This translates to an approximate hourly wage of $40. Salaries at Altec Mfg & Castings Inc typically range from $72,878 to $93,417 annually, reflecting the diverse roles and experience levels within the company. Altec Mfg & Castings Inc’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Altec Mfg & Castings Inc

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Is Altec Mfg & Castings Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Altec Mfg & Castings Inc’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Altec Mfg & Castings Inc
MFG Durable
Armstrong Magnetics Inc
Ox Herd Industries LLC
Industry Comparison
Our data shows that, on average, compensation at Altec Mfg & Castings Inc is below the average for the U.S. MFG Durable industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Altec Mfg & Castings Inc average annual salary with several similar companies. Altec Mfg & Castings Inc average salary of $82,760 is lower than Armstrong Magnetics Inc, which has an average salary of $88,751. It is lower than Ox Herd Industries LLC, with their average salary at $86,610. This places Altec Mfg & Castings Inc in a developing position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

Employee Reviews: Working at Altec Mfg & Castings Inc

Considering a career at Altec Mfg & Castings 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.
Modern equipment and technology improve daily work. Emphasis on quality drives pride in the final product. This shared purpose creates a positive and motivated workforce dedicated to achieving common goals. Career progression exists but is influenced by seniority.
They took the time to ensure I understood my role and the company culture, which made for a smooth transition into the team and set me up for success. Workinghas been an incredibly rewarding experience. You’re encouraged to ask questions and take initiative. Safety is prioritized but sometimes inconsistently enforced. There's a strong sense of pride in production quality, and employees are regular...
They also foster a great team dynamic where everyone pulls together. Benefits and pay are competitive, and work-life balance is respected. Supervisors are approachable, and new ideas are always welcomed during team meetings or project updates.

Altec Mfg & Castings Inc Overview

Website
Data pending, update soon.
Founded In
1984
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
601 Iris Ln Vero Beach Florida FL 32963
Revenue
<$5 Million
Phone Number
-
Social Media
About Altec Mfg & Castings Inc
Altec Mfg & Castings Inc is a company that operates in the Building Materials industry. It employs 21-50 people and has $1M-$5M of revenue. The company is headquartered in Vero Beach, Florida.

What Benefits Does Altec Mfg & Castings Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Altec Mfg & Castings 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 Palm Bay?

Understanding the cost of living near Palm Bay is key to truly evaluating a salary offer or your current compensation at Altec Mfg & Castings Inc.
Palm Bay's Cost of Living Index is approximately 93.8 (6.2% less expensive than US average; 9.0% less than FL average). Space Coast city, more affordable housing. Space Coast Area Transit. When planning your budget based on a salary from Altec Mfg & Castings Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Altec Mfg & Castings Inc salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (SCAT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $300 - $600+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,350 - $3,700+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Altec Mfg & Castings Inc

1. What is the typical salary range (low to high) for most roles at Altec Mfg & Castings Inc?

The typical annual salary range for most roles at Altec Mfg & Castings Inc is approximately from $72,878 to $93,417. 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 Altec Mfg & Castings Inc pay compared to Armstrong Magnetics Inc?

The average annual salary at Altec Mfg & Castings Inc is $82,760, or an hourly wage of $40, in comparison to Armstrong Magnetics Inc which pays $88,751 per year or $43 per hour.

3. How does experience level affect salary at Altec Mfg & Castings Inc?

Experience level is a significant factor in determining salary at Altec Mfg & Castings 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 Altec Mfg & Castings Inc in Palm Bay is fair given the local cost of living?

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

5. Are the salaries listed for Altec Mfg & Castings Inc on Salary.com pre-tax or after-tax?

All salary figures displayed for Altec Mfg & Castings Inc, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.