SalaryNode

Average Carpenters Salary in Chicago-Naperville-Elgin, IL-IN

Carpenters in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an impressive average annual salary of $79,270, significantly outpacing the national average of $64,010. This elevated compensation is often driven by the region's robust construction sector and the specific demands of urban and suburban development projects that require skilled carpentry expertise.

Executive Summary

  • Average Salary: $79,270 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $120,970.
  • Outlook: With a substantial local workforce of 19,460 Carpenters and a Location Quotient of 0.96, the job market in Chicago-Naperville-Elgin, IL-IN indicates a healthy, albeit slightly below national average concentration, of carpentry professionals. This suggests a stable demand for skilled tradespeople, with the sheer volume of workers ensuring a consistent need for experienced individuals across various projects.
2024 Market Data

Salary Overview

$79,270

The average Carpenters in Chicago-Naperville-Elgin, IL-IN earns+23.8%above the national average.

BreakdownBased on 40h/week
Hourly

$38.1

Weekly

$1,524

Monthly

$6,606

Carpenters Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Salary progression for Carpenters in Chicago-Naperville-Elgin, IL-IN typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth potential and increased earning capacity.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$41,090$19.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$59,453$28.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$76,510$36.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$99,088$47.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$120,970$58.2

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$79,270

Gross Pay

Real Wage (Purchasing Power)

$79,270

Adjusted for COL (100)

The average annual salary of $79,270 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the national Cost of Living Index of 100. This means that your earnings in this area will afford you a purchasing power equivalent to the national average, making the higher nominal salary directly translate to comparable living expenses.

Job Market Context

19,460

Total Jobs

4.349

Per 1K Jobs

0.96

Location Quotient

Below Average

Chicago-Naperville-Elgin, IL-IN has 0.96x 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 0.96 suggests that the Chicago-Naperville-Elgin, IL-IN area has a carpentry workforce that is nearly as concentrated as the national average. While not exceeding the national average, this figure indicates a strong presence and consistent demand for carpenters, positioning the market as competitive yet stable for skilled professionals.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Chicago-Naperville-Elgin, IL-IN

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Carpenters in Chicago-Naperville-Elgin, IL-IN is $79,270. This typically ranges from $41,090 for entry-level positions to $120,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 23.8% higher than the national median of $64,010.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Carpenters?

Yes, it is a lucrative place for Carpenters.Carpenters in this region earn significantly above the national average salary, and the cost of living is on par with the national average, allowing for greater purchasing power.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Carpenters?

The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?

Some top paying nearby cities include Michigan City-La Porte, IN ($59,810) and Kenosha, WI.

How does the Chicago carpentry job market compare to the national average in terms of concentration?

The Location Quotient of 0.96 indicates that the concentration of Carpenters in Chicago-Naperville-Elgin, IL-IN is very close to the national average, suggesting a balanced market.

What is the average number of carpentry jobs per 1,000 workers in Chicago?

There are approximately 4.349 carpentry jobs per 1,000 workers in the Chicago-Naperville-Elgin, IL-IN area.

Does experience significantly impact a Carpenter's salary in Chicago?

Yes, experience is a key factor in salary progression, with senior Carpenters earning considerably more than entry-level professionals.

How does the cost of living in Chicago affect the Carpenter's salary?

With a Cost of Living Index of 100, the local cost of living matches the national average, meaning the higher average salary of $79,270 offers strong purchasing power.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 19,460 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 4.349 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.