Madison Tool & Die Salary

How Much Does Madison Tool & Die Pay for employees?

As of August 2026, the average hourly salary for employees at Madison Tool & Die in the United States is $35. This translates to an approximate annual wage of $71,876. Salaries at Madison Tool & Die typically range from $30 to $39 hourly, reflecting the diverse roles and experience levels within the company. Madison Tool & Die’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 Madison Tool & Die Pay for Different Roles?

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.

Sales Manager

$78 / hour

Salary Range: $68 - $90

Sales

Technical Performance Specialist - Tooling Tryout

$53 / hour

Salary Range: $49 - $57

Engineering

Tooling Tryout Technician

$45 / hour

Salary Range: $42 - $49

Engineering

Business Systems Analyst

$41 / hour

Salary Range: $38 - $46

Information Technology

Digital Marketing & Content Specialist

$55 / hour

Salary Range: $49 - $62

Digital Marketing

Director of Finance and Accounting

$92 / hour

Salary Range: $82 - $105

Management

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.

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Madison Tool & Die.
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About Madison Tool & Die: Company Profile

Website
www.madisontoolinc.comindex.html
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Location
MADISON
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About MADISON TOOL & DIE
Madison Tool & Die is a mechanical or industrial engineering company based out of 781 Pulver List Rd, Mansfield, Ohio, United States.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Madison Tool & Die's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Routine tasks with minimal variation. It won’t excite you, but it likely won’t frustrate you either. It’s a workplace that supports structure, accountability, and continuous improvement. What stands out is the structured training process and continued mentorship. The company takes pride in its product, and it shows in every detail.
There’s a lot of pride in keeping the workspace organized. The team dynamic is decent, though there’s room for stronger cross-department collaboration. Training is comprehensive, and cross-department collaboration is strong.
Most rewarding is seeing how our high-quality products make a difference in customers' lives every day. Work can be repetitive, with occasional high-pressure periods during peak production. Break areas could use improvement. The company follows procedures well, and everything is fairly consistent. Working here has exceeded all my brings resources that support both innovation and job security. Empl...
Team dynamics are hit or miss depending on the department. Leadership maintains open communication and provides feedback regularly, fostering transparency. Production meets demand but struggles with peak periods.

Is Madison Tool & Die’s Pay Competitive? Salary Benchmarking Analysis

How does Madison Tool & Die’s compensation stack up against the market? This analysis visualizes their average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Madison Tool & Die
MFG Durable
M C MILLER CO
M.T. CUSTOM CASES
Industry Comparison
Our data shows that, on average, compensation at Madison Tool & Die is below the average for the U.S. MFG Durable industry by approximately 41%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Madison Tool & Die average annual salary with several similar companies. Madison Tool & Die average salary of $71,876 is higher than M C MILLER CO, which has an average salary of $70,162. It is lower than M.T. CUSTOM CASES, with their average salary at $81,584. This places Madison Tool & Die in a mid-range 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.

What Is the Cost of Living Near Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Madison Tool & Die.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Madison Tool & Die, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Madison Tool & Die salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo 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 $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Madison Tool & Die

FAQ 1: How much does Madison Tool & Die in the United States pay?
Madison Tool & Die pays its employees an average of $35 per hour. The average salary at Madison Tool & Die range from $30 to $39 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.
FAQ 2: Do Madison Tool & Die employees get a higher salary than its peer company?
The salary at Madison Tool & Die is higher than its peer company. The average annual salary at Madison Tool & Die is $71,876, or an hourly wage of $35, in comparison to M C MILLER CO which pays $70,162 per year or $34 per hour.
FAQ 3: How much does salary increase with years of experience at Madison Tool & Die?
Salary progression with years of experience at Madison Tool & Die is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Madison Tool & Die vary by office location?
Yes, it's very likely that salaries at Madison Tool & Die vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Indianapolis section provides more context.
FAQ 5: Does Madison Tool & Die offer good benefits?
Madison Tool & Die typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Madison Tool & Die" section on this page.