Young Spring & Wire Co Salary

How much does the Young Spring & Wire Co Pay for employees?

As of July 2026, the average annual salary for employees at Young Spring & Wire Co in the United States is $99,795. This translates to an approximate hourly wage of $48. Salaries at Young Spring & Wire Co typically range from $87,860 to $112,684 annually, reflecting the diverse roles and experience levels within the company. Young Spring & Wire 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.
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Current Job Openings at Young Spring & Wire Co

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Is Young Spring & Wire Co’s Pay Competitive? Salary Benchmarking Analysis

How does Young Spring & Wire 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)
Young Spring & Wire Co
MFG Durable
Microwave Industries Inc
All-Rite Spring Co
Industry Comparison
Our data shows that, on average, compensation at Young Spring & Wire Co is below the average for the U.S. MFG Durable industry by approximately 18%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Young Spring & Wire Co average annual salary with several similar companies. Young Spring & Wire Co average salary of $99,795 is higher than Microwave Industries Inc, which has an average salary of $99,679. It is higher than All-Rite Spring Co, with their average salary at $93,803. This places Young Spring & Wire Co in a competitive position among its peers.
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Employee Reviews: Working at Young Spring & Wire Co

Considering a career at Young Spring & Wire 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.
Our shift supervisors are approachable and solution-oriented. I genuinely look forward to coming to work each day. This company offers a great balance of structure and flexibility. Management is supportive and transparent, fostering trust and engagement. This makes you feel heard and valued. This makes us feel heard and valued, contributing to a better workplace. If you like a quiet, professional ...
They offer a clear path for advancement and great on-the-job training. Morale remains high across all departments. Our facility is one of the cleanest I’ve seen in the industry. Opportunities for advancement are available. In an ever-changing industry, they've consistently shown strength and a forward-thinking approach.
Seeing our products ship to satisfied customers worldwide makes every day rewarding. Leadership is open to feedback and regularly provides updates. Management truly cares about employee safety and provides great training programs. People are quick to lend a hand, and the mood is usually upbeat despite the pace.
It's a workplace committed to continuous improvement and accountability. I’ve really enjoyed being part of this company. They are transparent in their communications and always make time to listen to employees.

Young Spring & Wire Co Overview

Website
Data pending, update soon.
Founded In
1990
Employees
50 - 100 employees
Industry
MFG Durable
Headquarter Address
1209 Orange St Wilmington Delaware DE 19801
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About Young Spring & Wire Co
Young Spring & Wire Co is a company that operates in the Mining & Metals industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Wilmington, Delaware.

What Benefits Does Young Spring & Wire Co Offer Beyond Salary?

A competitive compensation package is more than just a salary. Young Spring & Wire 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 Wilmington?

Understanding the cost of living near Wilmington is key to truly evaluating a salary offer or your current compensation at Young Spring & Wire Co.
Wilmington's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 4.3% less than DE average). Largest DE city, financial center, relatively affordable housing for a mid-Atlantic city. DART First State, SEPTA/Amtrak. When planning your budget based on a salary from Young Spring & Wire Co, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Young Spring & Wire Co salary. Location choices impact this heavily.
Utilities (Basic) $160 - $260 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (DART 30-day 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) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,550 - $4,000+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Young Spring & Wire Co

1. How much does Young Spring & Wire Co in the United States pay?

Young Spring & Wire Co pays its employees an average of $99,795 per year. The average salary at Young Spring & Wire Co range from $87,860 to $112,684 per year. 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. Do Young Spring & Wire Co employees get a higher salary than its peer company?

The salary at Young Spring & Wire Co is higher than its peer company. The average annual salary at Young Spring & Wire Co is $99,795, or an hourly wage of $48, in comparison to Microwave Industries Inc which pays $99,679 per year or $48 per hour.

3. How much does salary increase with years of experience at Young Spring & Wire Co?

Salary progression with years of experience at Young Spring & Wire Co is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Young Spring & Wire Co vary by office location?

Yes, it's very likely that salaries at Young Spring & Wire Co vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Wilmington section provides more context.

5. Does Young Spring & Wire Co offer good benefits?

Young Spring & Wire Co typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Young Spring & Wire Co" section on this page.