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Average Carpenters Salary in Cheyenne, WY

Carpenters in Cheyenne, Wyoming, can expect an average annual salary of $54,000. This figure is notably below the national average of $64,010, suggesting that local market dynamics and potentially a lower cost of living influence compensation in this region. Understanding these local factors is key for any carpenter considering employment in Cheyenne.

Executive Summary

  • Average Salary: $54,000 per year.
  • Growth Trend: Salaries have shifted 18.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,790.
  • Outlook: The carpenter job market in Cheyenne, WY, shows a stable presence with a total local workforce of 240 individuals. The Location Quotient of 1.1 indicates a slightly higher concentration of carpenters compared to the national average, suggesting a consistent demand for skilled carpentry professionals within the area's economic landscape.
2024 Market Data

Salary Overview

$54,000

The average Carpenters in Cheyenne, WY earns-15.6%below the national average.

BreakdownBased on 40h/week
Hourly

$26

Weekly

$1,038

Monthly

$4,500

Carpenters Salary Distribution in Cheyenne, WY

Salary progression for carpenters in Cheyenne, WY, typically correlates with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior carpenters with extensive experience and specialized skills can command significantly higher salaries. The gap between entry-level and senior roles, often reflected in salary percentiles, signifies substantial career growth opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$39,250$18.9
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$40,500$19.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$53,160$25.6
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$67,500$32.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$73,790$35.5

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$54,000

Gross Pay

Real Wage (Purchasing Power)

$54,000

Adjusted for COL (100)

With an average annual salary of $54,000 and a Cost of Living Index at the national average of 100, the nominal income for carpenters in Cheyenne, WY, directly aligns with the typical cost of goods and services. This means that while the salary is below the national average, the purchasing power of $54,000 in Cheyenne is equivalent to the national average.

Job Market Context

240

Total Jobs

4.974

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Cheyenne, WY has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.

The Location Quotient of 1.1 for carpenters in Cheyenne, WY, signifies a slightly higher concentration of these professionals than the national average. This suggests that the market is neither oversaturated nor experiencing a severe shortage, indicating a healthy and competitive environment for carpentry jobs.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Cheyenne, WY

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Cheyenne, WY?

The median annual salary for a Carpenters in Cheyenne, WY is $54,000. This typically ranges from $39,250 for entry-level positions to $73,790 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cheyenne, WY is 15.6% lower than the national median of $64,010.

Is Cheyenne, WY a lucrative place for Carpenters?

No, not exceptionally lucrative compared to the national average.Carpenters in Cheyenne earn $54,000 annually, which is below the national average of $64,010. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

Is Cheyenne, WY a good place to live for Carpenters?

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

Where are the highest paying cities near Cheyenne, WY?

Some top paying nearby cities include Fort Collins-Loveland, CO ($56,310) and Greeley, CO.

How does Cheyenne's carpenter salary compare to the national average?

The average annual salary for carpenters in Cheyenne, WY is $54,000, which is approximately $10,000 less than the national average of $64,010.

What is the Cost of Living in Cheyenne, WY?

Cheyenne, WY has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is typical for the United States.

Is there high demand for carpenters in Cheyenne?

With a Location Quotient of 1.1, there is a slightly higher concentration of carpenters in Cheyenne than the national average, suggesting a steady, consistent demand for the trade.

How many carpenters are there in Cheyenne?

Cheyenne, WY has a local workforce of 240 carpenters, with approximately 4.974 jobs per 1,000 workers in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Cheyenne, WY area with a job density of 4.974 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.