Average Carpenters Salary in Boulder, CO
Carpenters in Boulder, Colorado, can expect an average annual salary of $60,810. This figure is slightly below the national average of $64,010, a common occurrence in areas where specific local economic factors and demand dynamics influence compensation. The unique economic landscape of Boulder, including its specific industry needs and cost structures, plays a significant role in shaping this localized pay rate.
Executive Summary
- Average Salary: $60,810 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,090.
- Outlook: Boulder, CO, supports a carpenter workforce of approximately 650 individuals. With a Location Quotient of 0.73, the concentration of carpenters is slightly below the national average, suggesting a stable but not overly saturated market. The presence of 3.316 jobs per 1,000 workers indicates a consistent demand for skilled carpentry professionals within the local economy.
Salary Overview
The average Carpenters in Boulder, CO earns-5.0%below the national average.
$29.2
$1,169
$5,068
Carpenters Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that carpenter salaries in Boulder, CO, have experienced growth over the past four years, mirroring national trends. Economic development, increased construction activity, and inflation typically drive upward adjustments in wages for skilled trades, ensuring that compensation keeps pace with evolving market conditions and cost of living.
Carpenters Salary Distribution in Boulder, CO
The career trajectory for carpenters in Boulder, CO, typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles. These percentile gaps clearly signify the value placed on accumulated expertise and the career progression opportunities available within the trade.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,990 | $19.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $45,608 | $21.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,610 | $28.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $76,013 | $36.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $80,090 | $38.5 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$60,810
Gross Pay
Real Wage (Purchasing Power)
$60,810
Adjusted for COL (100)
The average annual salary of $60,810 for carpenters in Boulder, CO, aligns precisely with the national average cost of living, which is indexed at 100. This means that the nominal income earned by a carpenter in Boulder offers purchasing power equivalent to the national average. While the salary is slightly lower than the national average, the stable cost of living suggests that the take-home pay will maintain a comparable standard of living.
Job Market Context
650
Total Jobs
3.316
Per 1K Jobs
0.73
Location Quotient
Boulder, CO has 0.73x 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.
Boulder, CO, exhibits a Location Quotient of 0.73 for carpenters, indicating that the profession is slightly less concentrated than the national average. This suggests that while there is a steady demand for carpenters, the market is not oversaturated, potentially offering good opportunities for skilled individuals. The slightly lower concentration implies that experienced carpenters may find a competitive edge in securing roles.
Nearby Job Markets
Nearby Cities for Carpenters
| City | Salary | Dist. |
|---|---|---|
| Denver-Aurora-Centennial, CO Carpenters Salary | $60,020↓ 1% | 27 mi |
| Greeley, CO Carpenters Salary | $53,450↓ 12% | 37 mi |
| Fort Collins-Loveland, CO Carpenters Salary | $56,310↓ 7% | 37 mi |
| Northwest Colorado nonmetropolitan area Carpenters Salary | $61,640↑ 1% | 67 mi |
| Southwest Colorado nonmetropolitan area Carpenters Salary | $58,150↓ 4% | 67 mi |
Comparing salaries near Boulder, CO
Hiring Carpenterss?
Frequently Asked Questions
How much does a Carpenters make in Boulder, CO?
The median annual salary for a Carpenters in Boulder, CO is $60,810. This typically ranges from $39,990 for entry-level positions to $80,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Boulder, CO is 5.0% lower than the national median of $64,010.
Is Boulder, CO a lucrative place for Carpenters?
Moderately. While the average salary is slightly below the national average, the cost of living is also at the national average, making purchasing power comparable.Carpenters in Boulder earn $60,810 annually, which is 4.7% less than the national average. However, with a Cost of Living Index of 100, their earnings hold similar purchasing power to carpenters earning the national average in a more expensive area.
Is Boulder, CO a good place to live for Carpenters?
The Cost of Living Index in Boulder, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Boulder, CO?
Some top paying nearby cities include Denver-Aurora-Centennial, CO ($60,020) and Greeley, CO.
What is the average salary for a Carpenter in Boulder, CO?
The average annual salary for a Carpenter in Boulder, CO, is $60,810.
How does Boulder's cost of living compare to the national average?
Boulder, CO, has a Cost of Living Index of 100, which is exactly the same as the national average.
Is the demand for Carpenters high in Boulder, CO?
With 3.316 jobs per 1,000 workers and a Location Quotient of 0.73, the demand is stable, indicating a healthy job market without being overly saturated.
How does experience affect a Carpenter's salary in Boulder, CO?
Experience significantly impacts salary, with entry-level carpenters earning less and senior carpenters with specialized skills commanding higher wages, reflected in salary percentile differences.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 650 employees in the Boulder, CO area with a job density of 3.316 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Boulder, CO