Farm Machinery and Equipment Manufacturing — Average Employee Salary
The average employee in the farm machinery and equipment manufacturing industry earns $76,383 per year ($36.72/hour), according to Bureau of Labor Statistics QCEW data.
What Do Farm Machinery and Equipment Manufacturing Workers Earn?
At $76,383/year (equivalent to $36.72/hour for a full-time worker), farm machinery and equipment manufacturing wages are near the national average of ~$65,000.
The typical farm machinery and equipment manufacturing business employs 42 people. These are larger operations where staffing represents a major cost center and management complexity.
Wages as a Percentage of Revenue
For the average farm machinery and equipment manufacturing business generating $19.1M/year with 42 employees at $76,383 each, total payroll represents roughly 16.8% of revenue. Labor costs are relatively low compared to revenue — other costs (materials, equipment, overhead) dominate.
What This Means for Business Owners
If you're starting or running a farm machinery and equipment manufacturingbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $99,298/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 42 employees = ~$3,208,086/year in base payroll.
- Hourly equivalent: $36.72/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $19.1M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full Farm Machinery and Equipment Manufacturing revenue benchmarks →Frequently Asked Questions
- How much do farm machinery and equipment manufacturing employees make?
- The average farm machinery and equipment manufacturing employee earns $76,383 per year, which is equivalent to $36.72/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the farm machinery and equipment manufacturing industry?
- The farm machinery and equipment manufacturing industry employs 68,761 workers across 1,629 establishments in the United States. The average business in this industry has approximately 42 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).