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Average Carpenters Salary in Denver-Aurora-Centennial, CO

Carpenters in the Denver-Aurora-Centennial, CO metropolitan area earn an average annual salary of $60,020. This figure is slightly below the national average of $64,010, suggesting a nuanced compensation landscape in this region. Local economic factors and demand dynamics likely influence this pay rate, creating a unique market for carpentry professionals.

Executive Summary

  • Average Salary: $60,020 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $75,600.
  • Outlook: The Denver-Aurora-Centennial area supports a robust carpentry workforce of 7,560 individuals. With a Location Quotient of 1.03, the concentration of carpenters here is slightly above the national average, indicating a stable and potentially growing demand for skilled tradespeople in this dynamic urban center.
2024 Market Data

Salary Overview

$60,020

The average Carpenters in Denver-Aurora-Centennial, CO earns-6.2%below the national average.

BreakdownBased on 40h/week
Hourly

$28.9

Weekly

$1,154

Monthly

$5,002

Carpenters Salary Distribution in Denver-Aurora-Centennial, CO

Carpenter salaries in Denver-Aurora-Centennial, CO, scale significantly with experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify a strong career progression path for dedicated carpenters.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$41,750$20.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$45,015$21.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$61,470$29.6
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$75,025$36.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$75,600$36.3

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$60,020

Gross Pay

Real Wage (Purchasing Power)

$60,020

Adjusted for COL (100)

The average annual salary of $60,020 in Denver-Aurora-Centennial aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a carpenter's salary in this area is equivalent to the national standard, offering a balanced financial environment for residents.

Job Market Context

7,560

Total Jobs

4.673

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Denver-Aurora-Centennial, CO has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.

A Location Quotient of 1.03 for carpenters in Denver-Aurora-Centennial suggests a job market that is slightly more concentrated than the national average. This indicates a healthy demand for carpentry services relative to the general workforce, positioning the area as a competitive yet accessible market for these skilled professionals.

Nearby Job Markets

Nearby Cities for Carpenters

CitySalaryDist.
Boulder, CO Carpenters Salary$60,810↑ 1%27 mi
Greeley, CO Carpenters Salary$53,450↓ 11%45 mi
Northwest Colorado nonmetropolitan area Carpenters Salary$61,640↑ 3%54 mi
Southwest Colorado nonmetropolitan area Carpenters Salary$58,150↓ 3%54 mi
Eastern and Southern Colorado nonmetropolitan area Carpenters Salary$54,570↓ 9%54 mi

Comparing salaries near Denver-Aurora-Centennial, CO

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Denver-Aurora-Centennial, CO?

The median annual salary for a Carpenters in Denver-Aurora-Centennial, CO is $60,020. This typically ranges from $41,750 for entry-level positions to $75,600 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Denver-Aurora-Centennial, CO is 6.2% lower than the national median of $64,010.

Is Denver-Aurora-Centennial, CO a lucrative place for Carpenters?

Yes, it offers competitive compensation relative to the cost of living.Carpenters in Denver-Aurora-Centennial earn $60,020 annually, which matches the national average cost of living. This equilibrium suggests a stable and fair earning potential for the profession in this region.

Is Denver-Aurora-Centennial, CO a good place to live for Carpenters?

The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Denver-Aurora-Centennial, CO?

Some top paying nearby cities include Boulder, CO ($60,810) and Greeley, CO.

How does the Denver carpenter salary compare to the national average?

Carpenters in Denver-Aurora-Centennial earn an average of $60,020 annually, which is slightly lower than the national average of $64,010.

What is the size of the carpenter workforce in Denver-Aurora-Centennial?

The total local workforce for carpenters in Denver-Aurora-Centennial is approximately 7,560 individuals.

Is there high demand for carpenters in Denver-Aurora-Centennial?

With a Location Quotient of 1.03, the concentration of carpenters is slightly above the national average, indicating a steady demand for their skills.

How does experience affect a carpenter's salary in Denver?

Experience plays a significant role, with entry-level carpenters earning less than senior professionals who command higher salaries due to their expertise and skill set.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,560 employees in the Denver-Aurora-Centennial, CO area with a job density of 4.673 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Denver-Aurora-Centennial, CO

Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Denver-Aurora-Centennial, CO