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Average Carpenters Salary in Albany, OR

Carpenters in Albany, Oregon, earn an average annual salary of $59,240, which is below the national average of $64,010. This localized pay rate is influenced by a variety of factors specific to the Albany region, including local demand, the cost of doing business, and the overall economic landscape of the state.

Executive Summary

  • Average Salary: $59,240 per year.
  • Growth Trend: Salaries have shifted 28.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $96,250.
  • Outlook: With a total local workforce of 320 Carpenters, Albany presents a moderately sized job market for this trade. The Location Quotient of 1.52 indicates a concentration of Carpenter jobs that is 52% higher than the national average, suggesting a robust demand and a significant presence of this profession within the local economy.
2024 Market Data

Salary Overview

$59,240

The average Carpenters in Albany, OR earns-7.5%below the national average.

BreakdownBased on 40h/week
Hourly

$28.5

Weekly

$1,139

Monthly

$4,937

Carpenters Salary Distribution in Albany, OR

Carpenter salaries in Albany, OR, naturally scale with experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive portfolios and specialized skills command salaries in the higher percentiles. The significant gaps between these percentile ranges reflect the substantial career progression and earning potential available to experienced Carpenters in the area.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$42,540$20.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$44,430$21.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$50,390$24.2
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$74,050$35.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$96,250$46.3

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$59,240

Gross Pay

Real Wage (Purchasing Power)

$59,240

Adjusted for COL (100)

The average Carpenter salary of $59,240 in Albany, OR, aligns perfectly with the national Cost of Living Index of 100. This means that the nominal salary earned by Carpenters in Albany has the same purchasing power as the national average salary, indicating a balanced economic environment where wages effectively meet the cost of living.

Job Market Context

320

Total Jobs

6.865

Per 1K Jobs

1.52

Location Quotient

Major Hub

Albany, OR has 1.5x the national concentration of Carpenters jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

Albany, OR, exhibits a strong concentration of Carpenter jobs, as evidenced by a Location Quotient of 1.52. This figure suggests that Carpenters are more prevalent in Albany than in the average U.S. location, indicating a healthy demand for skilled carpentry professionals and a potentially competitive market for employers seeking talent.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Albany, OR

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Albany, OR?

The median annual salary for a Carpenters in Albany, OR is $59,240. This typically ranges from $42,540 for entry-level positions to $96,250 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albany, OR is 7.5% lower than the national median of $64,010.

Is Albany, OR a lucrative place for Carpenters?

Yes, with caveats.While the average salary is slightly below the national average, the strong Location Quotient suggests high demand. Coupled with a Cost of Living Index at the national average, the salary offers standard purchasing power.

Is Albany, OR a good place to live for Carpenters?

The Cost of Living Index in Albany, OR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Albany, OR?

Some top paying nearby cities include Corvallis, OR ($71,370) and Salem, OR.

How does the number of Carpenters in Albany compare nationally?

Albany has 6.865 Carpenter jobs per 1,000 workers, which is significantly higher than the national average, indicating a greater concentration of this profession locally.

What does a Location Quotient of 1.52 mean for Carpenters in Albany?

A Location Quotient of 1.52 signifies that Carpenters are 52% more concentrated in Albany than in the average U.S. location, pointing to a robust local industry for this trade.

How does Albany's cost of living affect Carpenter salaries?

Albany's Cost of Living Index is exactly 100, matching the national average. This means the $59,240 salary has typical purchasing power, neither significantly enhanced nor diminished by local living expenses.

Is the Carpenter job market in Albany growing?

While specific growth rates aren't detailed, the high Location Quotient suggests a stable to growing demand for Carpenters, implying a positive outlook for the profession in Albany.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Albany, OR area with a job density of 6.865 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.