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Average Carpenters Salary in Central New Hampshire nonmetropolitan area

Carpenters in the Central New Hampshire nonmetropolitan area earn an average annual salary of $59,410. This figure is slightly below the national average of $64,010, suggesting that while demand exists, regional economic factors and the specific labor market dynamics influence compensation levels. The unique characteristics of this nonmetropolitan region play a significant role in shaping the earning potential for skilled trades.

Executive Summary

  • Average Salary: $59,410 per year.
  • Growth Trend: Salaries have shifted 11.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,140.
  • Outlook: The Central New Hampshire nonmetropolitan area supports a dedicated workforce of 580 Carpenters, indicating a stable presence in the local economy. With a Location Quotient of 1.37, this region demonstrates a concentration of carpentry jobs that is 37% higher than the national average. This suggests a robust demand for carpentry services relative to the general workforce, pointing towards a healthy job market for skilled professionals in this area.
2024 Market Data

Salary Overview

$59,410

The average Carpenters in Central New Hampshire nonmetropolitan area earns-7.2%below the national average.

BreakdownBased on 40h/week
Hourly

$28.6

Weekly

$1,143

Monthly

$4,951

Carpenters Salary Distribution in Central New Hampshire nonmetropolitan area

The career trajectory for Carpenters in Central New Hampshire typically involves a progression from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data is unavailable, the typical gap between entry-level and senior Carpenter salaries signifies substantial earning potential as experience and expertise are gained. This progression is often marked by increased responsibility, specialization, and the ability to manage complex projects.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$44,690$21.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$44,558$21.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$59,280$28.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$74,263$35.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$80,140$38.5

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 for Carpenters in Central New Hampshire aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against national standards, indicating a balanced economic environment where wages effectively cover essential living expenses without significant strain or surplus compared to the rest of the country.

Job Market Context

580

Total Jobs

6.201

Per 1K Jobs

1.37

Location Quotient

Above Average

With a location quotient of 1.37, Central New Hampshire nonmetropolitan area has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.

A Location Quotient of 1.37 for Carpenters in Central New Hampshire signifies a notable concentration of this profession compared to the national average. This suggests that carpentry is a more prevalent and potentially in-demand trade within this specific nonmetropolitan region. While not indicating a shortage, it points to a market where employers may actively seek qualified Carpenters, and the profession holds a significant place in the local economic landscape.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Central New Hampshire nonmetropolitan area

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Frequently Asked Questions

How much does a Carpenters make in Central New Hampshire nonmetropolitan area?

The median annual salary for a Carpenters in Central New Hampshire nonmetropolitan area is $59,410. This typically ranges from $44,690 for entry-level positions to $80,140 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central New Hampshire nonmetropolitan area is 7.2% lower than the national median of $64,010.

Is Central New Hampshire nonmetropolitan area a lucrative place for Carpenters?

Moderately lucrative, with earnings at the national average for cost of living.Carpenters in this region earn $59,410, slightly below the national average salary, but the cost of living is exactly at the national average. This indicates a stable, albeit not exceptionally high, earning potential relative to expenses.

Is Central New Hampshire nonmetropolitan area a good place to live for Carpenters?

The Cost of Living Index in Central New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central New Hampshire nonmetropolitan area?

Some top paying nearby cities include Manchester-Nashua, NH ($60,280) and Portland-South Portland, ME.

How does the number of local carpenters compare to the national average?

With 580 Carpenters in the local workforce and a Location Quotient of 1.37, this nonmetropolitan area has a higher concentration of carpenters than the national average, suggesting a significant presence of the trade.

What is the job outlook for Carpenters in Central New Hampshire?

The job outlook appears stable, with a concentration 37% higher than the national average, indicating consistent demand for carpentry services within the region's economy.

Does experience significantly impact a Carpenter's salary in this area?

Yes, as with most skilled trades, experience is expected to significantly increase a Carpenter's salary, moving them from entry-level to senior positions with higher pay scales.

How does the salary compare to the cost of living in Central New Hampshire?

The average salary of $59,410 is directly in line with the national average cost of living (index of 100), suggesting that purchasing power for Carpenters is comparable to the national standard.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Central New Hampshire nonmetropolitan area area with a job density of 6.201 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.