Drex Industries Inc Salary

How much does the Drex Industries Inc Pay for employees?

As of July 2026, the average annual salary for employees at Drex Industries Inc in the United States is $97,390. This translates to an approximate hourly wage of $47. Salaries at Drex Industries Inc typically range from $85,761 to $109,928 annually, reflecting the diverse roles and experience levels within the company. Drex Industries 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 Drex Industries Inc

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Is Drex Industries Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Drex Industries 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)
Drex Industries Inc
MFG Durable
Xcessories
MOSHI Lifestyle
Industry Comparison
Our data shows that, on average, compensation at Drex Industries Inc is below the average for the U.S. MFG Durable industry by approximately 20%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Drex Industries Inc average annual salary with several similar companies. Drex Industries Inc average salary of $97,390 is higher than Xcessories, which has an average salary of $84,595. It is lower than MOSHI Lifestyle, with their average salary at $104,309. This places Drex Industries Inc in a mid-range position among its peers.
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Employee Reviews: Working at Drex Industries Inc

Considering a career at Drex Industries 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.
Communication is adequate but could improve for better efficiency. The production scheduling is well-planned, avoiding the stressful crunch periods common in manufacturing. Adequate for stability, less ideal for growth. Benefits are decent. The company culture is excellent, promoting collaboration and open communication across all departments.
I feel respected and valued. There's great communication between departments, which helps avoid bottlenecks and confusion. The manufacturing firm provides steady employment and standard benefits, but communication gaps and workload spikes occur. Employees are encouraged to participate in continuous improvement programs and cross-functional training. Management provides regular updates, though feed...
The company also offers good benefits and actively promotes a healthy work-life balance, which is rare in this industry. A great place to grow professionally. The sheer diversity of manufacturing processes and products at keeps every day interesting. The company provides excellent tools and resources to do our jobs effectively.

Drex Industries Inc Overview

Website
Data pending, update soon.
Founded In
1984
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
11765 Runnel Cir Eden Prairie Minnesota MN 55402
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Drex Industries Inc
Drex Industries Inc is a company that operates in the Machinery industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Eden Prairie, Minnesota.

What Benefits Does Drex Industries Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Drex Industries 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 Drex Industries 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 Drex Industries 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 Drex Industries 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 Drex Industries Inc

1. How much does a Drex Industries Inc employee make?

Drex Industries Inc pays its employees an average of $97,390 per year. The average salary at Drex Industries Inc range from $85,761 to $109,928 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 Drex Industries Inc?

The salary at Drex Industries Inc is higher than the similar company. The average annual salary at Drex Industries Inc is $97,390, or an hourly wage of $47, in comparison to Xcessories which pays $84,595 per year or $41 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Drex Industries Inc?

In many roles at Drex Industries 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.

4. How does the cost of living near Minneapolis affect the perceived value of a Drex Industries 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 Drex Industries Inc based there. Our "Cost of Living Insights for Minneapolis" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Drex Industries Inc typically offer employees?

Drex Industries 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 Drex Industries Inc" section on this page.