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Lund Boat Co Salary

Lund Boat Co Salary

How much does the Lund Boat Co Pay for employees?

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As of October 2026, the average annual salary for employees at Lund Boat Co in the United States is $100,776. This translates to an approximate hourly wage of $48. Salaries at Lund Boat Co typically range from $88,630 to $113,964 annually, reflecting the diverse roles and experience levels within the company. Lund Boat 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 Lund Boat Co Pay for Different Roles?

Explore detailed salary information for specific jobs at Lund Boat 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 Lund Boat Co

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

Is Lund Boat Co’s Pay Competitive? Salary Benchmarking Analysis

How does Lund Boat 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)
Lund Boat Co
MFG Durable
Colonna's Shipyard Inc
UniCarriers
Industry Comparison
Our data shows that, on average, compensation at Lund Boat Co is below the average for the U.S. MFG Durable industry by approximately 17%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Lund Boat Co average annual salary with several similar companies. Lund Boat Co average salary of $100,776 is lower than Colonna's Shipyard Inc, which has an average salary of $102,189. It is higher than UniCarriers, with their average salary at $99,921. This places Lund Boat 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 Lund Boat Co's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Lund Boat Co

Considering a career at Lund Boat 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.
Overall, the workplace offers consistency but limited excitement or innovation. Recognition programs celebrate individual and team achievements regularly, boosting motivation and morale. Communication from upper management is transparent and consistent. Skilled technicians handle machinery expertly and efficiently. What I appreciate most about this manufacturer is its balanced approach.
Commented in May 17, 2025
10
3
New ideas are welcomed by leadership. Flexible shifts allow for better work-life balance, and the workplace culture promotes respect and collaboration among diverse teams. Processes are followed but could be modernized. Employees appreciate stability but seek more dynamic opportunities. Benefits include healthcare, retirement options, and wellness programs.
Commented in August 25, 2024
42
0
The company promotes from within and supports career growth. Working here has taught me discipline and consistency. A decent, routine manufacturing environment. Career growth is possible but often dependent on tenure. the training and onboarding programs ensure everyone is set up for success. Advancement is possible but requires persistence. Management is approachable and genuinely listens to empl...
Commented in August 12, 2024
27
2
The benefits are great, and there's a real effort to ensure a good work-life balance. Clear processes and helpful training materials. Our shift supervisors are approachable and solution-oriented.
Commented in January 20, 2024
35
3

Lund Boat Co Overview

Website
www.lundboats.com
Founded In
1948
Employees
500 - 1,000 employees
Industry
MFG Durable
Headquarter Address
318 W Gilman St New York Mills Minnesota MN 56567
Revenue
$200 Million - $500 Million
Phone Number
+1 2183852235
Social Media
About Lund Boat Co
Lund Boats manufactures aluminum and fiberglass fishing boats. It was founded in 1948 and is headquartered in New York Mills, Minnesota.

What Benefits Does Lund Boat Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lund Boat 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 Minneapolis?

Understanding the cost of living near Minneapolis is key to truly evaluating a salary offer or your current compensation at Lund Boat Co.
Minneapolis' Cost of Living Index is approximately 104.8 (4.8% more expensive than US average; 7.9% more than MN average). Major city, vibrant, housing costs above US avg, cold winters (high heating). Metro Transit. When planning your budget based on a salary from Lund Boat Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Lund Boat Co salary. Location choices impact this heavily.
Utilities (Basic) $130 - $230 (Heating significant) Electricity, Heating, Cooling, Water etc.
Public Transportation $120 (Metro Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $630 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $390 - $720+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,920 - $4,480+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lund Boat Co

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

The typical annual salary range for most roles at Lund Boat Co is approximately from $88,630 to $113,964. 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 Lund Boat Co pay compared to Colonna's Shipyard Inc?

The average annual salary at Lund Boat Co is $100,776, or an hourly wage of $48, in comparison to Colonna's Shipyard Inc which pays $102,189 per year or $49 per hour.

3. Do salaries differ significantly between departments at Lund Boat Co?

Yes, salaries often differ between departments at Lund Boat 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 Lund Boat Co?

Experience level is a significant factor in determining salary at Lund Boat 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 Lund Boat Co in Minneapolis is fair given the local cost of living?

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

6. Why might an individual's actual salary at Lund Boat Co differ from the ranges shown here?

An individual's actual salary at Lund Boat Co can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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