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Lake Union Drydock Co Salary

Lake Union Drydock Co Salary

How much does the Lake Union Drydock Co Pay for employees?

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As of October 2026, the average annual salary for employees at Lake Union Drydock Co in the United States is $97,105. This translates to an approximate hourly wage of $47. Salaries at Lake Union Drydock Co typically range from $85,532 to $109,574 annually, reflecting the diverse roles and experience levels within the company. Lake Union Drydock 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 Lake Union Drydock Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Lake Union Drydock 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 Lake Union Drydock Co

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

Is Lake Union Drydock Co’s Pay Competitive? Salary Benchmarking Analysis

How does Lake Union Drydock Co’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)
Lake Union Drydock Co
MFG Durable
Mayfield's Hoisting
J & E Precision Machining Inc
Industry Comparison
Our data shows that, on average, compensation at Lake Union Drydock Co 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 Lake Union Drydock Co average annual salary with several similar companies. Lake Union Drydock Co average salary of $97,105 is higher than Mayfield's Hoisting, which has an average salary of $95,343. It is lower than J & E Precision Machining Inc, with their average salary at $111,324. This places Lake Union Drydock Co 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 Lake Union Drydock Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lake Union Drydock Co

Considering a career at Lake Union Drydock 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.
Safety protocols are rigorous yet practical, demonstrating real care for the workforce. Communication tools exist, though they’re not used uniformly. Supervisors know your name, and coworkers look out for each other. The company’s onboarding is thorough, and team leaders are helpful and respectful. Teamwork is highly encouraged here.
Commented in May 20, 2025
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Their commitment to lean principles, efficiency, and continuous improvement sets a high standard. Overtime may be required during busy periods, leading to occasional fatigue. It’s a suitable job for someone who prefers not to be challenged too much. The company is very community-minded. Supervisors are polite but rarely offer praise. Job stability is a real plus. From onboarding to regular workday...
Commented in December 25, 2024
33
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Good benefits and competitive pay. Safety is prioritized, with protocols consistently enforced. I started with little experience, but the training program helped me develop useful skills. Competitive pay with solid benefits keeps employees motivated.
Commented in February 29, 2024
13
2

Lake Union Drydock Co Overview

Website
www.ludd.com
Founded In
1945
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1515 Fairview Ave E Seattle Washington WA 98102
Revenue
<$5 Million
Phone Number
+1 2063236400
Social Media
About Lake Union Drydock Co
Located in Seattle, Washington, Lake Union Drydock Company is the premier ship yard on the west coast. We have two dry docks with capacity to lift vessels up to 6,000 tons, about 420 feet. We can also dry dock multiple vessels on the same dry dock so we are not limited to large ship repair projects; we are also very competitive with other smaller Seattle ship yards in smaller boat repair. We have

What Benefits Does Lake Union Drydock Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lake Union Drydock 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 Seattle?

Understanding the cost of living near Seattle is key to truly evaluating a salary offer or your current compensation at Lake Union Drydock Co.
Seattle's Cost of Living Index is approximately 152.7 (52.7% more expensive than US average; 36.8% more than WA average). Major tech hub (Amazon, Microsoft nearby), extremely high housing costs. King County Metro, Sound Transit. When planning your budget based on a salary from Lake Union Drydock Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,000 - $3,000+ A significant portion of Lake Union Drydock Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $99 (ORCA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $500 - $750 Can be higher with more dining out or specialty stores.
Personal & Leisure $550 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $430 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,709 - $5,779+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lake Union Drydock Co

1. What is the typical salary range (low to high) for most roles at Lake Union Drydock Co?

The typical annual salary range for most roles at Lake Union Drydock Co is approximately from $85,532 to $109,574. 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 Lake Union Drydock Co pay compared to Mayfield's Hoisting?

The average annual salary at Lake Union Drydock Co is $97,105, or an hourly wage of $47, in comparison to Mayfield's Hoisting which pays $95,343 per year or $46 per hour.

3. Do salaries differ significantly between departments at Lake Union Drydock Co?

Yes, salaries often differ between departments at Lake Union Drydock 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 Lake Union Drydock Co?

Experience level is a significant factor in determining salary at Lake Union Drydock 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 Lake Union Drydock Co in Seattle is fair given the local cost of living?

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

6. Are the salaries listed for Lake Union Drydock Co on Salary.com pre-tax or after-tax?

All salary figures displayed for Lake Union Drydock Co, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.

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