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Average Carpenters Salary in Eastern and Southern Colorado nonmetropolitan area

Carpenters in the Eastern and Southern Colorado nonmetropolitan area earn an average annual salary of $54,570. This figure is notably below the national average of $64,010, reflecting the unique economic dynamics and demand specific to this region. Factors such as local industry needs and the availability of skilled labor contribute to this localized pay scale.

Executive Summary

  • Average Salary: $54,570 per year.
  • Growth Trend: Salaries have shifted 46.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $72,090.
  • Outlook: The carpenter job market in this nonmetropolitan area of Colorado is characterized by a modest workforce of 220 professionals. With a Location Quotient of 0.69, the concentration of carpenters is below the national average, suggesting a stable but not exceptionally high demand. The rate of 3.143 jobs per 1,000 workers indicates a consistent presence of opportunities within the local economy.
2024 Market Data

Salary Overview

$54,570

The average Carpenters in Eastern and Southern Colorado nonmetropolitan area earns-14.7%below the national average.

BreakdownBased on 40h/week
Hourly

$26.2

Weekly

$1,049

Monthly

$4,548

Carpenters Salary Distribution in Eastern and Southern Colorado nonmetropolitan area

Salary progression for carpenters in Eastern and Southern Colorado nonmetropolitan area typically correlates with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression, rewarding expertise and years of dedicated service in the trade.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,250$17.9
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$40,928$19.7
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$53,840$25.9
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$68,213$32.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$72,090$34.7

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$54,570

Gross Pay

Real Wage (Purchasing Power)

$54,570

Adjusted for COL (100)

The average carpenter salary of $54,570 in Eastern and Southern Colorado nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that income is equivalent to the national standard, making it a financially neutral relocation from a cost-of-living perspective.

Job Market Context

220

Total Jobs

3.143

Per 1K Jobs

0.69

Location Quotient

Below Average

Eastern and Southern Colorado nonmetropolitan area has 0.69x 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 0.69 indicates that carpenters are less concentrated in Eastern and Southern Colorado nonmetropolitan area compared to the national average. This suggests that while the profession is present and necessary, the market is not saturated, and there may be opportunities for skilled individuals to find employment without facing intense competition from a large pool of local professionals.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Eastern and Southern Colorado nonmetropolitan area

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Eastern and Southern Colorado nonmetropolitan area?

The median annual salary for a Carpenters in Eastern and Southern Colorado nonmetropolitan area is $54,570. This typically ranges from $37,250 for entry-level positions to $72,090 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Eastern and Southern Colorado nonmetropolitan area is 14.7% lower than the national median of $64,010.

Is Eastern and Southern Colorado nonmetropolitan area a lucrative place for Carpenterss?

No, not more lucrative than the national average.The average salary of $54,570 is below the national average of $64,010, although the cost of living is comparable. The lower concentration of carpenters suggests a stable market but not one offering premium pay compared to national benchmarks.

Is Eastern and Southern Colorado nonmetropolitan area a good place to live for Carpenters?

The Cost of Living Index in Eastern and Southern Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Eastern and Southern Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($54,640) and Denver-Aurora-Centennial, CO.

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

With a total local workforce of 220 carpenters and a Location Quotient of 0.69, the concentration of this profession in Eastern and Southern Colorado nonmetropolitan area is below the national average.

What is the job availability like for carpenters in this region?

There are approximately 3.143 carpenter jobs per 1,000 workers in the Eastern and Southern Colorado nonmetropolitan area, indicating a steady but not exceptionally high demand for the trade.

Does the cost of living affect the carpenter's salary in this area?

The cost of living in Eastern and Southern Colorado nonmetropolitan area is at the national average (100), meaning the $54,570 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.

What factors might influence carpenter salaries in nonmetropolitan Colorado?

Salaries in nonmetropolitan areas are often influenced by local economic conditions, the specific industries prevalent in the region (e.g., agriculture, tourism, smaller-scale construction), and the overall supply and demand for skilled tradespeople.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Eastern and Southern Colorado nonmetropolitan area area with a job density of 3.143 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.