Tool Source Inc Salary

Tool Source Inc Salary

How much does the Tool Source Inc Pay for employees?

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As of July 2026, the average annual salary for employees at Tool Source Inc in the United States is $81,515. This translates to an approximate hourly wage of $39. Salaries at Tool Source Inc typically range from $71,805 to $91,991 annually, reflecting the diverse roles and experience levels within the company. Tool Source 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 Tool Source Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Tool Source 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.
How accurate does the salary look to you?

Current Job Openings at Tool Source Inc

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

Is Tool Source Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Tool Source 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
180k
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Average Salary ($/year)
Tool Source Inc
MFG Durable
Insane Audio
Imil Inc
Industry Comparison
Our data shows that, on average, compensation at Tool Source Inc is below the average for the U.S. MFG Durable industry by approximately 33%. 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 Source Inc average annual salary with several similar companies. Tool Source Inc average salary of $81,515 is lower than Insane Audio, which has an average salary of $89,057. It is lower than Imil Inc, with their average salary at $109,341. This places Tool Source 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.

How Tool Source Inc's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at Tool Source Inc

Considering a career at Tool Source 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.
Emphasis on quality drives pride in the final product. This company knows how to create a structured yet rewarding work environment. Overtime is occasionally necessary during high production demands. Continuous improvement isn't just a slogan here - employee ideas regularly lead to process enhancements.
Commented in May 01, 2025
26
2
Recognition programs celebrate hard work regularly. Overall, this company provides a motivating and stable environment that supports long-term career growth. The company's reputation for quality and reliability is well-deserved, solidifying its position as an industry leader. I now feel confident in operating complex machinery. Competitive pay with solid benefits keeps employees motivated. It’s a ...
Commented in May 28, 2024
23
0
Their support made me a better, more efficient employee over time. The training programs are top-notch, helping employees develop valuable technical skills. Workload can fluctuate, causing occasional stress during peak seasons. The job is straightforward, with predictable routines.
Commented in February 08, 2024
25
0

Tool Source Inc Overview

Website
www.toolsourceinc.com
Founded In
1995
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
600 Corporate Dr Pendleton Indiana IN 46064
Revenue
<$5 Million
Phone Number
+1 7657780777
Social Media
About Tool Source Inc
At Tool Source Inc., we pride ourselves on customer service and the quality products that we assist our customers. We intend on growing our business with this approach for years to come. Solving your complex problems, is our approach to winning your business today and in the future.

What Benefits Does Tool Source Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Tool Source 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 Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Tool Source Inc.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Tool Source Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Tool Source Inc salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 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) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Tool Source Inc

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

The typical annual salary range for most roles at Tool Source Inc is approximately from $71,805 to $91,991. 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 Tool Source Inc pay compared to Insane Audio?

The average annual salary at Tool Source Inc is $81,515, or an hourly wage of $39, in comparison to Insane Audio which pays $89,057 per year or $43 per hour.

3. Do salaries differ significantly between departments at Tool Source Inc?

Yes, salaries often differ between departments at Tool Source Inc 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 Tool Source Inc?

Experience level is a significant factor in determining salary at Tool Source 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.

5. How can I determine if a salary offer from Tool Source Inc in Indianapolis is fair given the local cost of living?

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

6. What factors influence salary increases at Tool Source Inc?

Salary increases at Tool Source Inc are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.

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