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Iversons Lumber Co Salary

Iversons Lumber Co Salary

How much does the Iversons Lumber Co Pay for employees?

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As of October 2026, the average hourly salary for employees at Iversons Lumber Co in the United States is $47. This translates to an approximate annual wage of $98,676. Salaries at Iversons Lumber Co typically range from $42 to $54 hourly, reflecting the diverse roles and experience levels within the company. Iversons Lumber Co’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.

How Much Does Iversons Lumber Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Iversons Lumber Co. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
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.
How accurate does the salary look to you?

Current Job Openings at Iversons Lumber Co

Ready for your next career move? Explore current job openings at Iversons Lumber Co. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Iversons Lumber Co’s Pay Competitive? Salary Benchmarking Analysis

How does Iversons Lumber Co’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)
Iversons Lumber Co
Retail & Wholesale
Forest Lumber Co
Martin Boyd Christian Home Inc
Industry Comparison
Our data shows that, on average, compensation at Iversons Lumber Co is below the average for the U.S. Retail & Wholesale 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 Iversons Lumber Co average annual salary with several similar companies. Iversons Lumber Co average salary of $98,676 is higher than Forest Lumber Co, which has an average salary of $88,498. It is higher than Martin Boyd Christian Home Inc, with their average salary at $88,192. This places Iversons Lumber Co in a competitive 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.

Companies Similar to Iversons Lumber Co and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Iversons Lumber Co. Click a company name to learn more.

Employee Reviews: Working at Iversons Lumber Co

Considering a career at Iversons Lumber Co? 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.
There are occasional training sessions, which are useful. The work is engaging, and the team is motivated. The workload is manageable, and the work-life balance is respected. Team members are cooperative, and management ensures tasks are clear. Career growth is possible, and the overall atmosphere is motivating. Compensation is competitive, and there are frequent incentives for high performers.
Commented in April 24, 2025
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There’s room for improvement in terms of perks, but the basics like health coverage and paid time off are covered. Professional growth is encouraged through mentorship programs and skill-building workshops. The company provides necessary resources, and the environment is professional. The team is collaborative, and the office environment is pleasant. The company offers great growth opportunities, ...
Commented in February 05, 2025
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Management is supportive and provides clear guidance, which helps in career growth. The company culture is inclusive, and employee recognition programs keep morale high. While not overly innovative, the company maintains a steady workflow.
Commented in March 31, 2024
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Iversons Lumber Co Overview

Website
www.iversonslumber.com
Founded In
1950
Employees
50 - 100 employees
Industry
Retail & Wholesale
Headquarter Address
1570 N Milford Rd Highland Michigan MI 48357
Revenue
$10 Million - $50 Million
Phone Number
+1 2488894910
Social Media
About Iversons Lumber Co
At Iversons, we supply quality lumber, building materials, tools, and hardware. We also have a large showroom for cabinetry and windows.

What Benefits Does Iversons Lumber Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Iversons Lumber Co 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 Detroit?

Understanding the cost of living near Detroit is key to truly evaluating a salary offer or your current compensation at Iversons Lumber Co.
Detroit's Cost of Living Index is approximately 97.6 (2.4% less expensive than US average; 6.9% more than MI average). Housing varies extremely by neighborhood (very cheap to expensive gentrified), overall costs can be low. DDOT/SMART bus, QLine. When planning your budget based on a salary from Iversons Lumber Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $800 - $1,500+ (Highly variable) A significant portion of Iversons Lumber Co salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (DDOT/SMART 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,130 - $3,660+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Iversons Lumber Co

1. What is the typical salary range (low to high) for most roles at Iversons Lumber Co?

The typical salary range for most roles at Iversons Lumber Co is approximately from $42 to $54 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. How much does Iversons Lumber Co pay compared to Forest Lumber Co?

The average annual salary at Iversons Lumber Co is $98,676, or an hourly wage of $47, in comparison to Forest Lumber Co which pays $88,498 per year or $43 per hour.

3. Do salaries differ significantly between departments at Iversons Lumber Co?

Yes, salaries often differ between departments at Iversons Lumber Co due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Iversons Lumber Co?

Experience level is a significant factor in determining salary at Iversons Lumber Co, 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.

5. How can I determine if a salary offer from Iversons Lumber Co in Detroit is fair given the local cost of living?

To determine if a salary offer from Iversons Lumber Co in Detroit is fair, first compare the gross salary to our data for similar roles at Iversons Lumber Co and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Detroit" to understand its purchasing power.

6. What factors influence salary increases at Iversons Lumber Co?

Salary increases at Iversons Lumber Co are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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