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Average Carpenters Salary in Albany-Schenectady-Troy, NY

Carpenters in the Albany-Schenectady-Troy, NY area earn an average annual salary of $66,510, surpassing the national average of $64,010. This elevated compensation is often a reflection of the specific economic drivers and demand within this metropolitan region, which can influence wage structures for skilled trades.

Executive Summary

  • Average Salary: $66,510 per year.
  • Growth Trend: Salaries have shifted 21.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $94,400.
  • Outlook: With a local workforce of 2,130 Carpenters and a Location Quotient of 1.06, the Albany-Schenectady-Troy area demonstrates a robust and slightly above-average concentration of this profession. This indicates a stable demand for carpentry services, suggesting a healthy job market for skilled professionals in the region.
2024 Market Data

Salary Overview

$66,510

The average Carpenters in Albany-Schenectady-Troy, NY earns+3.9%above the national average.

BreakdownBased on 40h/week
Hourly

$32

Weekly

$1,279

Monthly

$5,543

Carpenters Salary Distribution in Albany-Schenectady-Troy, NY

Salary progression for Carpenters is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills, such as custom woodworking or structural framing, can command significantly higher salaries. The percentile gaps in earnings clearly signify the career advancement opportunities available within the carpentry field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$45,740$22
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$49,883$24
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$61,690$29.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$83,138$40
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$94,400$45.4

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$66,510

Gross Pay

Real Wage (Purchasing Power)

$66,510

Adjusted for COL (100)

The average annual salary of $66,510 in Albany-Schenectady-Troy, NY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Carpenter's salary in this region is equivalent to the national average, offering a stable financial standing without the added pressure of higher living expenses.

Job Market Context

2,130

Total Jobs

4.812

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Albany-Schenectady-Troy, NY has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.

The Location Quotient of 1.06 for Carpenters in Albany-Schenectady-Troy, NY, indicates a market where this profession is slightly more concentrated than the national average. This suggests a healthy demand and a competitive environment, where employers may need to offer competitive wages to attract and retain skilled carpentry talent.

Nearby Job Markets

Nearby Cities for Carpenters

CitySalaryDist.
Pittsfield, MA Carpenters Salary$63,120↓ 5%31 mi
Glens Falls, NY Carpenters Salary$60,420↓ 9%45 mi
Kingston, NY Carpenters Salary$61,890↓ 7%52 mi
Southwest New York nonmetropolitan area Carpenters Salary$57,580↓ 13%68 mi
Central East New York nonmetropolitan area Carpenters Salary$57,250↓ 14%68 mi

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Albany-Schenectady-Troy, NY?

The median annual salary for a Carpenters in Albany-Schenectady-Troy, NY is $66,510. This typically ranges from $45,740 for entry-level positions to $94,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albany-Schenectady-Troy, NY is 3.9% higher than the national median of $64,010.

Is Albany-Schenectady-Troy, NY a lucrative place for Carpenters?

Yes, it is a slightly more lucrative place for Carpenters.Carpenters in this region earn above the national average salary, and the cost of living is on par with the national average, enhancing their effective earnings.

Is Albany-Schenectady-Troy, NY a good place to live for Carpenters?

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

Where are the highest paying cities near Albany-Schenectady-Troy, NY?

Some top paying nearby cities include Pittsfield, MA ($63,120) and Glens Falls, NY.

How does the Carpenter salary in Albany compare to the national average?

Carpenters in Albany-Schenectady-Troy, NY, earn an average of $66,510 annually, which is higher than the national average of $64,010.

What is the Cost of Living in Albany-Schenectady-Troy, NY for Carpenters?

The Cost of Living Index in Albany-Schenectady-Troy, NY, is 100, which is exactly the national average, meaning your salary has average purchasing power.

How concentrated is the Carpenter job market in Albany-Schenectady-Troy, NY?

The job market for Carpenters is slightly more concentrated than the national average, with a Location Quotient of 1.06, indicating a healthy demand for the profession.

What is the total number of Carpenters in the Albany-Schenectady-Troy, NY area?

There are approximately 2,130 Carpenters employed in the Albany-Schenectady-Troy, NY metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,130 employees in the Albany-Schenectady-Troy, NY area with a job density of 4.812 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Albany-Schenectady-Troy, NY

Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Albany-Schenectady-Troy, NY