Average Carpenters Salary in Eastern New Mexico nonmetropolitan area
Carpenters in the Eastern New Mexico nonmetropolitan area earn an average annual salary of $51,540. This figure is notably below the national average of $64,010, reflecting regional economic factors and potentially lower demand for specialized carpentry services in less densely populated areas. The specific economic landscape and industry demands within Eastern New Mexico directly influence this compensation level.
Executive Summary
- Average Salary: $51,540 per year.
- Growth Trend: Salaries have shifted 23.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,910.
- Outlook: The local job market for Carpenters in Eastern New Mexico, with a total workforce of 410 individuals, indicates a moderate presence. The Location Quotient of 0.56 suggests that carpentry is less concentrated here compared to the national average, implying a potentially stable but not booming demand. While the workforce size isn't vast, the jobs-per-1,000-workers ratio of 2.532 points to consistent, albeit niche, employment opportunities.
Salary Overview
The average Carpenters in Eastern New Mexico nonmetropolitan area earns-19.5%below the national average.
$24.8
$991
$4,295
Carpenters Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that carpentry salaries in Eastern New Mexico have experienced gradual growth over the past four years, mirroring general economic trends and inflation. Increases in material costs and a steady demand for construction and renovation services likely contribute to a modest upward trajectory in compensation for skilled tradespeople in the region.
Carpenters Salary Distribution in Eastern New Mexico nonmetropolitan area
Carpenter salaries in Eastern New Mexico, like elsewhere, are significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive portfolios and specialized skills can command considerably higher wages. The gap between entry-level and senior-level salaries, often reflected in percentile distributions, signifies the career progression and increased earning potential available to those who build their expertise over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,090 | $17.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $38,655 | $18.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $48,970 | $23.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $64,425 | $31 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $70,910 | $34.1 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$51,540
Gross Pay
Real Wage (Purchasing Power)
$51,540
Adjusted for COL (100)
The average annual salary of $51,540 for Carpenters in Eastern New Mexico aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal income earned by a carpenter in this region has the same purchasing power as the national average salary when considering the cost of goods and services. Therefore, while the salary is lower than the national average, it is balanced by a comparable cost of living, suggesting a neutral impact on real income.
Job Market Context
410
Total Jobs
2.532
Per 1K Jobs
0.56
Location Quotient
Eastern New Mexico nonmetropolitan area has 0.56x 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.
With a Location Quotient of 0.56, the market for Carpenters in Eastern New Mexico is less concentrated than the national average. This indicates that while carpentry is a present and necessary trade, it is not a dominant industry in the region. Consequently, job seekers might find fewer opportunities compared to more heavily industrialized areas, but also potentially less competition for available roles, especially for specialized skills.
Nearby Job Markets
Nearby Cities for Carpenters
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Carpenters Salary | $54,940↑ 7% | 29 mi |
| Santa Fe, NM Carpenters Salary | $52,900↑ 3% | 59 mi |
Comparing salaries near Eastern New Mexico nonmetropolitan area
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Frequently Asked Questions
How much does a Carpenters make in Eastern New Mexico nonmetropolitan area?
The median annual salary for a Carpenters in Eastern New Mexico nonmetropolitan area is $51,540. This typically ranges from $37,090 for entry-level positions to $70,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern New Mexico nonmetropolitan area is 19.5% lower than the national median of $64,010.
Is Eastern New Mexico nonmetropolitan area a lucrative place for Carpenters?
No, it is not considered a particularly lucrative place for Carpenters compared to the national average.The average salary of $51,540 is substantially lower than the national average of $64,010, despite a national average cost of living. The lower Location Quotient also suggests less concentrated demand for the trade.
Is Eastern New Mexico nonmetropolitan area a good place to live for Carpenters?
The Cost of Living Index in Eastern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern New Mexico nonmetropolitan area?
Some top paying nearby cities include Albuquerque, NM ($54,940) and Santa Fe, NM.
How does the salary compare to the national average?
Carpenters in Eastern New Mexico earn an average of $51,540 annually, which is significantly lower than the national average of $64,010.
What is the Cost of Living in Eastern New Mexico?
The Cost of Living Index in Eastern New Mexico is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
How concentrated is the carpentry job market in this region?
The carpentry job market in Eastern New Mexico is less concentrated than the national average, with a Location Quotient of 0.56, indicating fewer carpenters per worker relative to the nation.
What is the total number of Carpenters in Eastern New Mexico?
There are approximately 410 Carpenters employed in the Eastern New Mexico nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Eastern New Mexico nonmetropolitan area area with a job density of 2.532 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Eastern New Mexico nonmetropolitan area