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Average Carpenters Salary in Cape Coral-Fort Myers, FL

Carpenters in the Cape Coral-Fort Myers, FL area earn an average annual salary of $48,580. This figure is notably lower than the national average of $64,010, suggesting that local market dynamics and potentially lower demand or cost pressures are influencing compensation. The specific economic landscape of this Florida region shapes the earning potential for skilled trades like carpentry.

Executive Summary

  • Average Salary: $48,580 per year.
  • Growth Trend: Salaries have shifted 16.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,850.
  • Outlook: The Cape Coral-Fort Myers region supports a carpenter workforce of 3,230 individuals. With a Location Quotient of 2.38, carpentry is significantly more concentrated here than the national average, indicating a robust local demand and a higher prevalence of carpentry jobs relative to the general workforce. This concentration suggests a healthy job market for carpenters in the area.
2024 Market Data

Salary Overview

$48,580

The average Carpenters in Cape Coral-Fort Myers, FL earns-24.1%below the national average.

BreakdownBased on 40h/week
Hourly

$23.4

Weekly

$934

Monthly

$4,048

Carpenters Salary Distribution in Cape Coral-Fort Myers, FL

Carpenter salaries typically scale with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive portfolios and specialized skills can command significantly higher salaries. The percentile gaps in earnings, from the 25th to the 75th percentile and beyond, clearly signify the career progression and earning potential available to dedicated carpenters.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$35,960$17.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$36,435$17.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$47,610$22.9
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$60,725$29.2
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$61,850$29.7

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$48,580

Gross Pay

Real Wage (Purchasing Power)

$48,580

Adjusted for COL (100)

The average carpenter salary of $48,580 in Cape Coral-Fort Myers aligns precisely with the national average cost of living index of 100. This means that while the nominal salary is below the national average, the purchasing power of that salary locally is on par with the rest of the country, offering a balanced financial outlook for residents.

Job Market Context

3,230

Total Jobs

10.764

Per 1K Jobs

2.38

Location Quotient

Major Hub

Cape Coral-Fort Myers, FL has 2.4x 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.

A Location Quotient of 2.38 signifies that carpentry is a significantly more concentrated industry in Cape Coral-Fort Myers compared to the national average. This suggests a strong local demand for carpenters, potentially leading to more job opportunities and a competitive market for skilled professionals within this specific geographic area.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Cape Coral-Fort Myers, FL

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Cape Coral-Fort Myers, FL?

The median annual salary for a Carpenters in Cape Coral-Fort Myers, FL is $48,580. This typically ranges from $35,960 for entry-level positions to $61,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cape Coral-Fort Myers, FL is 24.1% lower than the national median of $64,010.

Is Cape Coral-Fort Myers, FL a lucrative place for Carpenters?

No, not when compared to the national average salary.While the cost of living is average, the carpenter salary of $48,580 is substantially lower than the national average of $64,010. The high concentration of carpenters suggests demand, but not necessarily higher pay.

Is Cape Coral-Fort Myers, FL a good place to live for Carpenters?

The Cost of Living Index in Cape Coral-Fort Myers, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cape Coral-Fort Myers, FL?

Some top paying nearby cities include Punta Gorda, FL ($49,390) and North Port-Bradenton-Sarasota, FL.

How does the number of carpenters in Cape Coral-Fort Myers compare nationally?

With 10.764 jobs per 1,000 workers, the concentration of carpenters in Cape Coral-Fort Myers is more than double the national average, indicating a significant presence of the trade in the region.

What is the significance of the Location Quotient for carpenters in this area?

A Location Quotient of 2.38 means that carpentry jobs are 2.38 times more prevalent in Cape Coral-Fort Myers than they are nationwide, highlighting a specialized demand for these skills.

Does the cost of living affect the carpenter's salary in Cape Coral-Fort Myers?

The cost of living in Cape Coral-Fort Myers is exactly at the national average (100). This means the lower-than-average salary of $48,580 has average purchasing power locally.

What is the total number of carpenters employed in Cape Coral-Fort Myers?

The total local workforce for carpenters in the Cape Coral-Fort Myers area is approximately 3,230 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,230 employees in the Cape Coral-Fort Myers, FL area with a job density of 10.764 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.