Penrose Manufacturing Inc Salary

How much does the Penrose Manufacturing Inc Pay for employees?

As of August 2026, the average annual salary for employees at Penrose Manufacturing Inc in the United States is $86,251. This translates to an approximate hourly wage of $41. Salaries at Penrose Manufacturing Inc typically range from $75,947 to $97,356 annually, reflecting the diverse roles and experience levels within the company. Penrose Manufacturing Inc’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 Penrose Manufacturing Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Penrose Manufacturing Inc. 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.
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Current Job Openings at Penrose Manufacturing Inc

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

Is Penrose Manufacturing Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Penrose Manufacturing Inc’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)
Penrose Manufacturing Inc
MFG Durable
CG Detroit - LLC
DSME Offshore Engineering Corp
Industry Comparison
Our data shows that, on average, compensation at Penrose Manufacturing Inc is below the average for the U.S. MFG Durable industry by approximately 29%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Penrose Manufacturing Inc average annual salary with several similar companies. Penrose Manufacturing Inc average salary of $86,251 is lower than CG Detroit - LLC, which has an average salary of $89,320. It is lower than DSME Offshore Engineering Corp, with their average salary at $92,369. This places Penrose Manufacturing Inc in a developing 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.

Employee Reviews: Working at Penrose Manufacturing Inc

Considering a career at Penrose Manufacturing Inc? 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 is always a top priority here. a strong sense of camaraderie and mutual support, making it a great place to work. Workload increases seasonally, leading to occasional high pressure. Supervisors provide clear direction and genuinely care about your well-being.
This company combines the best of large-scale manufacturing with a supportive, community-like atmosphere. It’s a well-run operation with strong values and clear communication across all levels. Leadership cares about employees and works to create a safe and inclusive environment. The equipment is modern, and safety training is thorough.
The company is innovative and always looking for better ways to do things. Production is steady but occasionally impacted by minor delays. They provide modern equipment and prioritize a safe working environment above all else. There’s a lot of pride in the products we create. I feel like my efforts make a difference, and that’s motivating. Job security is very strong. Training opportunities are pr...
Training is provided but and it can meet specific job needs. They are transparent in their communications and always make time to listen to employees. There's open communication between departments, and the company encourages feedback and growth. Schedules are consistent, and there's a positive culture that fosters respect, growth, and cooperation at every level. Shift work schedules can be demand...

Penrose Manufacturing Inc Overview

Website
www.penrosetractor.com
Founded In
1994
Employees
25 - 50 employees
Industry
MFG Durable
Headquarter Address
45 10th St Penrose Colorado CO 81240
Revenue
$5 Million - $10 Million
Phone Number
+1 7193723428
Social Media
About Penrose Manufacturing Inc
Penrose Manufacturing Inc is a company that operates in the Retail industry. It employs 21-50 people and has $5M-$10M of revenue. The company is headquartered in Penrose, Colorado.

What Benefits Does Penrose Manufacturing Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Penrose Manufacturing Inc 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 Colorado Springs?

Understanding the cost of living near Colorado Springs is key to truly evaluating a salary offer or your current compensation at Penrose Manufacturing Inc.
Colorado Springs' Cost of Living Index is approximately 100.9 (0.9% more expensive than US average; 4.2% less than CO average). Military presence (Air Force Academy, Fort Carson), housing near US avg, scenic. When planning your budget based on a salary from Penrose Manufacturing Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,300 - $1,900+ A significant portion of Penrose Manufacturing Inc salary. Location choices impact this heavily.
Utilities (Basic) $120 - $210 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (MMT monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 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) $2,590 - $4,020+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Penrose Manufacturing Inc

1. What is the typical salary range (low to high) for most roles at Penrose Manufacturing Inc?

The typical annual salary range for most roles at Penrose Manufacturing Inc is approximately from $75,947 to $97,356. 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 Penrose Manufacturing Inc pay compared to CG Detroit - LLC?

The average annual salary at Penrose Manufacturing Inc is $86,251, or an hourly wage of $41, in comparison to CG Detroit - LLC which pays $89,320 per year or $43 per hour.

3. How does experience level affect salary at Penrose Manufacturing Inc?

Experience level is a significant factor in determining salary at Penrose Manufacturing Inc, 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.

4. How can I determine if a salary offer from Penrose Manufacturing Inc in Colorado Springs is fair given the local cost of living?

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

5. Why might an individual's actual salary at Penrose Manufacturing Inc differ from the ranges shown here?

An individual's actual salary at Penrose Manufacturing Inc 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.