SalaryNode

Average Carpenters Salary in Fargo, ND-MN

Carpenters in Fargo, ND-MN earn an average annual salary of $61,350, which is slightly below the national average of $64,010. This localized pay rate reflects the specific economic conditions and demand within the Fargo metropolitan area, influencing compensation for skilled trades.

Executive Summary

  • Average Salary: $61,350 per year.
  • Growth Trend: Salaries have shifted 27.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $81,680.
  • Outlook: The Fargo, ND-MN market for Carpenters appears robust, with a total local workforce of 1,010 individuals. The Location Quotient of 1.52 indicates a concentration of Carpenters significantly higher than the national average, suggesting strong local demand and a specialized labor pool.
2024 Market Data

Salary Overview

$61,350

The average Carpenters in Fargo, ND-MN earns-4.2%below the national average.

BreakdownBased on 40h/week
Hourly

$29.5

Weekly

$1,180

Monthly

$5,113

Carpenters Salary Distribution in Fargo, ND-MN

The career trajectory for Carpenters in Fargo, ND-MN typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles, reflecting a clear progression path and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$44,470$21.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$46,013$22.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$60,220$29
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$76,688$36.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$81,680$39.3

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$61,350

Gross Pay

Real Wage (Purchasing Power)

$61,350

Adjusted for COL (100)

With an average annual salary of $61,350 and a Cost of Living Index of 100 (matching the national average), Carpenters in Fargo, ND-MN can expect their nominal earnings to translate directly to purchasing power. This means the salary offers a standard lifestyle relative to the rest of the country, without significant advantages or disadvantages due to local living expenses.

Job Market Context

1,010

Total Jobs

6.859

Per 1K Jobs

1.52

Location Quotient

Major Hub

Fargo, ND-MN has 1.5x the national concentration of Carpenters jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 1.52 for Carpenters in Fargo, ND-MN signifies a market with a higher concentration of these professionals compared to the national average. This suggests that while there is a strong presence of Carpenters, indicating potential competition, it also points to a robust demand for their specialized skills within the region's economy.

Nearby Job Markets

Nearby Cities for Carpenters

CitySalaryDist.
Grand Forks, ND-MN Carpenters Salary$57,540↓ 6%74 mi

Comparing salaries near Fargo, ND-MN

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Fargo, ND-MN?

The median annual salary for a Carpenters in Fargo, ND-MN is $61,350. This typically ranges from $44,470 for entry-level positions to $81,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fargo, ND-MN is 4.2% lower than the national median of $64,010.

Is Fargo, ND-MN a lucrative place for Carpenters?

Yes, with a caveat. The salary is competitive relative to the cost of living.Carpenters in Fargo earn $61,350 annually, which aligns with the national average cost of living. While slightly below the national salary average, the stable cost of living ensures good purchasing power.

Is Fargo, ND-MN a good place to live for Carpenters?

The Cost of Living Index in Fargo, ND-MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fargo, ND-MN?

Some top paying nearby cities include Grand Forks, ND-MN ($57,540) and others.

How does Fargo's Carpenter salary compare to the national average?

Carpenters in Fargo, ND-MN earn an average of $61,350 annually, which is slightly lower than the national average of $64,010.

What is the concentration of Carpenters in Fargo, ND-MN?

Fargo, ND-MN has a Location Quotient of 1.52 for Carpenters, indicating a concentration 52% higher than the national average.

How does the cost of living in Fargo affect Carpenter salaries?

Fargo's Cost of Living Index is 100, exactly the national average. This means the average salary of $61,350 provides purchasing power equivalent to the national median.

What does the total workforce size suggest about Carpenter jobs in Fargo?

With 1,010 Carpenters locally, and a high Location Quotient, the job market in Fargo is substantial and shows a significant demand for this trade.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,010 employees in the Fargo, ND-MN area with a job density of 6.859 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Fargo, ND-MN