Industrial Wheel Salary

How much does the Industrial Wheel Pay for employees?

As of August 2026, the average hourly salary for employees at Industrial Wheel in the United States is $47. This translates to an approximate annual wage of $97,084. Salaries at Industrial Wheel typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company. Industrial Wheel’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 Industrial Wheel

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Is Industrial Wheel’s Pay Competitive? Salary Benchmarking Analysis

How does Industrial Wheel’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Industrial Wheel
MFG Durable
Star Foundry and Machine Co
co incPetroleum Instruments Co
Industry Comparison
Our data shows that, on average, compensation at Industrial Wheel 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 Industrial Wheel average annual salary with several similar companies. Industrial Wheel average salary of $97,084 is higher than Star Foundry and Machine Co, which has an average salary of $88,181. It is higher than co incPetroleum Instruments Co, with their average salary at $90,618. This places Industrial Wheel in a competitive position among its peers.
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Employee Reviews: Working at Industrial Wheel

Considering a career at Industrial Wheel? 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.
This shared goal creates a strong sense of unity. The company provides ongoing training and opportunities for lateral moves, so you’re always learning. Quality meets standards but rarely exceeds expectations. Productivity and morale remain high.
Their commitment to lean principles, efficiency, and continuous improvement sets a high standard. I feel like my work matters here. Employees enjoy flexible shift arrangements that help maintain a balanced lifestyle. Production goals are challenging but fair, and there’s a real focus on hitting quality metrics. It's rewarding to work for a manufacturer that combines technical excellence with such ...
Pay is fair, and it is somehow outstanding. Recognition programs celebrate hard work regularly. Leadership encourages open dialogue and invests in employee training and career advancement.
This company redefines what modern manufacturing can be. The environment is professional and structured. There’s great structure here, and our output speaks for itself. Excellent internal communication. There’s a strong emphasis on collaboration and communication, which makes day-to-day tasks run smoothly.

Industrial Wheel Overview

Website
www.indwhl.com
Founded In
1960
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
1312 Enterprise Dr Romeoville Illinois IL 60446
Revenue
$10 Million - $50 Million
Phone Number
+1 7088489340
Social Media
About Industrial Wheel
Sav is a domain marketplace where people can buy and sell domain names that are no longer being used. If you have worked with a company/person that used this domain name in the past, it typically means that they no longer own this domain name and its being listed for sale by someone else. We would love to be able to help you reach them a different way but are not given any contact details for the

What Benefits Does Industrial Wheel Offer Beyond Salary?

A competitive compensation package is more than just a salary. Industrial Wheel 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 Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Industrial Wheel.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Industrial Wheel, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Industrial Wheel salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Industrial Wheel

1. How much does an Industrial Wheel employee make?

Industrial Wheel pays its employees an average of $47 per hour. The average salary at Industrial Wheel range from $41 to $53 per hour. 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 Industrial Wheel?

The salary at Industrial Wheel is higher than the similar company. The average annual salary at Industrial Wheel is $97,084, or an hourly wage of $47, in comparison to Star Foundry and Machine Co which pays $88,181 per year or $42 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Industrial Wheel?

In many roles at Industrial Wheel, 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 Chicago affect the perceived value of a Industrial Wheel salary?

Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Industrial Wheel based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Industrial Wheel typically offer employees?

Industrial Wheel 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 Industrial Wheel" section on this page.