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Average Carpenters Salary in Bloomington, IN

Carpenters in Bloomington, Indiana, earn an average annual salary of $59,410. This figure is slightly below the national average of $64,010, suggesting that local market dynamics and potentially regional demand influence compensation. While the cost of living is on par with the national average, this salary reflects the specific economic conditions within Bloomington.

Executive Summary

  • Average Salary: $59,410 per year.
  • Growth Trend: Salaries have shifted 30.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $75,500.
  • Outlook: With a local workforce of 250 Carpenters, Bloomington presents a moderately sized labor pool. The Location Quotient of 0.74 indicates that the concentration of Carpenters is slightly below the national average, suggesting a stable but not exceptionally high demand relative to other professions in the area. The rate of 3.363 jobs per 1,000 workers further supports this balanced market outlook.
2024 Market Data

Salary Overview

$59,410

The average Carpenters in Bloomington, IN earns-7.2%below the national average.

BreakdownBased on 40h/week
Hourly

$28.6

Weekly

$1,143

Monthly

$4,951

Carpenters Salary Distribution in Bloomington, IN

Carpenter salaries naturally scale with experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher wages. The percentile gaps in salary distribution reflect this career progression, with senior Carpenters earning substantially more than their junior counterparts.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$39,110$18.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$44,558$21.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$59,840$28.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$74,263$35.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$75,500$36.3

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$59,410

Gross Pay

Real Wage (Purchasing Power)

$59,410

Adjusted for COL (100)

The average annual salary of $59,410 in Bloomington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Carpenter's salary in Bloomington is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

250

Total Jobs

3.363

Per 1K Jobs

0.74

Location Quotient

Below Average

Bloomington, IN has 0.74x the national average concentration of Carpenters jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.74 for Carpenters in Bloomington suggests that the profession is slightly less concentrated than the national average. This implies that while there is a consistent need for skilled Carpenters, the market is not oversaturated, potentially offering good opportunities for qualified individuals without intense competition.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Bloomington, IN

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Bloomington, IN?

The median annual salary for a Carpenters in Bloomington, IN is $59,410. This typically ranges from $39,110 for entry-level positions to $75,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bloomington, IN is 7.2% lower than the national median of $64,010.

Is Bloomington, IN a lucrative place for Carpenters?

No, it is not exceptionally lucrative compared to the national average.Carpenters in Bloomington earn $59,410 annually, which is below the national average of $64,010. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Bloomington, IN a good place to live for Carpenters?

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

Where are the highest paying cities near Bloomington, IN?

Some top paying nearby cities include Columbus, IN ($63,130) and Indianapolis-Carmel-Greenwood, IN.

How does Bloomington's Carpenter salary compare to the national average?

Carpenters in Bloomington earn an average of $59,410 annually, which is approximately $4,600 less than the national average of $64,010.

What is the concentration of Carpenters in Bloomington compared to the rest of the US?

Bloomington has a Carpenter concentration (Location Quotient) of 0.74, meaning it has fewer Carpenters per worker than the national average.

How does the cost of living in Bloomington affect Carpenter salaries?

The cost of living in Bloomington is exactly at the national average (100). Therefore, the $59,410 salary offers purchasing power equivalent to the national average salary.

What does the total local workforce size suggest about Carpenter job opportunities?

With 250 Carpenters in the local workforce, the market is of moderate size, indicating a steady demand for skilled professionals without extreme competition.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Bloomington, IN area with a job density of 3.363 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.