Tool Depot Salary

Tool Depot Salary

How much does the Tool Depot Pay for employees?

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As of August 2026, the average annual salary for employees at Tool Depot in the United States is $77,211. This translates to an approximate hourly wage of $37. Salaries at Tool Depot typically range from $67,902 to $87,308 annually, reflecting the diverse roles and experience levels within the company. Tool Depot’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 Tool Depot Pay for Different Roles?

Explore detailed salary information for specific jobs at Tool Depot. 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 Tool Depot

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

Is Tool Depot’s Pay Competitive? Salary Benchmarking Analysis

How does Tool Depot’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
180k
150k
120k
90k
60k
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Average Salary ($/year)
Tool Depot
Retail & Wholesale
Seiffert Building Supplies
Robert Karp Container Corp
Industry Comparison
Our data shows that, on average, compensation at Tool Depot is below the average for the U.S. Retail & Wholesale industry by approximately 37%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Tool Depot average annual salary with several similar companies. Tool Depot average salary of $77,211 is lower than Seiffert Building Supplies, which has an average salary of $85,491. It is lower than Robert Karp Container Corp, with their average salary at $108,402. This places Tool Depot 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.

How Tool Depot's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Tool Depot

Considering a career at Tool Depot? 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.
The pay is competitive, and the employee benefits are above average for the industry. I’ve learned a lot and feel appreciated. I’ve grown professionally since joining this company. The pay is fair, and there are regular performance bonuses.
Commented in March 31, 2025
29
1
The team is close-knit, and the benefits are excellent. While there aren’t many standout perks, the job stability is good. It’s a great place to grow and contribute meaningfully. Benefits include health insurance, retirement plans, and performance incentives. The team is hardworking, and there’s always room to advance. A company with strong values.
Commented in February 23, 2025
48
2
The retail discounts and bonus programs add extra value. The wholesale division is well-managed, and communication is clear. Coworkers are supportive, and there’s a strong sense of teamwork. Employees are given the freedom to innovate, which keeps the work engaging. The benefits package is a plus.
Commented in July 28, 2024
20
2

Tool Depot Overview

Website
www.tooldepot247.com
Founded In
1988
Employees
<25 employees
Industry
Retail & Wholesale
Headquarter Address
1510 Dace Ave Sioux City Iowa IA 51101
Revenue
<$5 Million
Phone Number
+1 7122930274
Social Media
About Tool Depot
Largest supplier of Milwaukee Tools in the Midwest with other brands like DeWalt, Bosch, Porter Cable, Dremel, Vise-Grip, Drives, Makita, Klein, neapco, Bostitch and more.

What Benefits Does Tool Depot Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tool Depot 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 Sioux City?

Understanding the cost of living near Sioux City is key to truly evaluating a salary offer or your current compensation at Tool Depot.
Sioux City's Cost of Living Index is approximately 75.9 (24.1% less expensive than US average; 15.6% less than IA average). Western IA city, very affordable. SC Transit. When planning your budget based on a salary from Tool Depot, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $650 - $1,000+ A significant portion of Tool Depot salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $30 (SC Transit monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $340 - $500 Can be higher with more dining out or specialty stores.
Personal & Leisure $250 - $500+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $320 - $600+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $1,730 - $2,830+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tool Depot

1. What is the average salary for employees at Tool Depot?

The average annual total compensation for employees at Tool Depot is approximately $77,211. However, this is an aggregate figure, actual salaries can range significantly, typically from $67,902 to $87,308, depending on factors like job role, experience, and location.

2. How much does Tool Depot pay compared to Seiffert Building Supplies?

The average annual salary at Tool Depot is $77,211, or an hourly wage of $37, in comparison to Seiffert Building Supplies which pays $85,491 per year or $41 per hour.

3. What is the lowest salary at Tool Depot?

The lowest-paying job at Tool Depot is a Shipping Receiving Specialist with a salary of $32,993 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 Tool Depot?

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 Tool Depot for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Tool Depot offer cost-of-living adjustments (COLA) for employees in high-cost areas like Sioux City?

While some companies offer formal COLA, many, including potentially Tool Depot, 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 Tool Depot?

Most companies, likely including Tool Depot, 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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