Independence Tooling Salary

Independence Tooling Salary

How much does the Independence Tooling Pay for employees?

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As of May 2026, the average annual salary for employees at Independence Tooling in the United States is $90,428. This translates to an approximate hourly wage of $43. Salaries at Independence Tooling typically range from $79,649 to $102,039 annually, reflecting the diverse roles and experience levels within the company. Independence Tooling’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 Independence Tooling Pay for Different Roles?

Explore detailed salary information for specific jobs at Independence Tooling. 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 Independence Tooling

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

Is Independence Tooling’s Pay Competitive? Salary Benchmarking Analysis

How does Independence Tooling’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)
Independence Tooling
MFG Durable
Dynamic Enterprises Inc
Advance Cabinet Designs Inc
Industry Comparison
Our data shows that, on average, compensation at Independence Tooling is below the average for the U.S. MFG Durable industry by approximately 26%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Independence Tooling average annual salary with several similar companies. Independence Tooling average salary of $90,428 is lower than Dynamic Enterprises Inc, which has an average salary of $96,788. It is higher than Advance Cabinet Designs Inc, with their average salary at $84,711. This places Independence Tooling 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.

How Independence Tooling's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Independence Tooling

Considering a career at Independence Tooling? 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.
I appreciate the emphasis on innovation and the investment in advanced manufacturing technologies, which keeps our processes efficient and our products superior. They invest in state-of-the-art equipment, making day-to-day tasks safer and more efficient. The company's reputation for quality products makes me proud to be part of the team. Beyond that, the company fosters a really inclusive atmosphe...
Commented in April 26, 2025
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The leadership team is transparent and communicates effectively, making us feel like an integral part of the company's success. Supportive leadership and hands-on training made onboarding smooth. Workloads can fluctuate significantly during busy periods. Career growth opportunities are abundant, with clear paths from production roles to management. The company feels stable, with steady demand and ...
Commented in October 14, 2024
39
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Workplace culture is professional but can feel formal or rigid. Leadership is transparent, and weekly meetings keep everyone informed about progress and changes. The company also supports local communities, which builds even more pride in the brand. This company fosters a culture of excellence without sacrificing a positive work environment.
Commented in September 02, 2024
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Independence Tooling Overview

Website
www.indytooling.com
Founded In
2008
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1200 Rochester Rd Troy Michigan MI 48083
Revenue
<$5 Million
Phone Number
+1 2482507715
Social Media
About Independence Tooling
Independence Tooling has provided Manufacturing Solutions to a diverse range of Automotive and Aerospace companies and their suppliers. Independence Tooling has a strong reputation in the Automotive and Aerospace Industries as a Tool Design & Manufacturing provider. Our in-house capabilities meet the most stringent industry requirements. We strive to deliver high-quality, cost effective solutions

What Benefits Does Independence Tooling Offer Beyond Salary?

A competitive compensation package is more than just a salary. Independence Tooling 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 Troy?

Understanding the cost of living near Troy is key to truly evaluating a salary offer or your current compensation at Independence Tooling.
Troy's Cost of Living Index is approximately 107.3 (7.3% more expensive than US average; 17.5% more than MI average). Affluent Detroit suburb (Oakland Co.), major commercial/business center, high housing costs. SMART bus. When planning your budget based on a salary from Independence Tooling, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,000+ A significant portion of Independence Tooling salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (SMART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $410 - $610 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $730+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $710+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,740 - $4,280+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Independence Tooling

1. What is the average salary for employees at Independence Tooling?

The average annual total compensation for employees at Independence Tooling is approximately $90,428. However, this is an aggregate figure, actual salaries can range significantly, typically from $79,649 to $102,039, depending on factors like job role, experience, and location.

2. How much does Independence Tooling pay compared to Dynamic Enterprises Inc?

The average annual salary at Independence Tooling is $90,428, or an hourly wage of $43, in comparison to Dynamic Enterprises Inc which pays $96,788 per year or $47 per hour.

3. What is the lowest salary at Independence Tooling?

The lowest-paying job at Independence Tooling is an Account Manager with a salary of $66,937 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Independence Tooling?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Independence Tooling for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Independence Tooling offer cost-of-living adjustments (COLA) for employees in high-cost areas like Troy?

While some companies offer formal COLA, many, including potentially Independence Tooling, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Independence Tooling?

Most companies, likely including Independence Tooling, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.

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