Average Carpenters Salary in Fort Collins-Loveland, CO
Carpenters in the Fort Collins-Loveland, CO area can expect an average annual salary of $56,310. This figure is notably below the national average of $64,010, suggesting that local market dynamics, such as demand, cost of doing business, or the specific types of construction prevalent in the region, may be influencing compensation levels. Understanding these local factors is crucial for carpenters seeking employment or negotiating their wages in this Colorado locale.
Executive Summary
- Average Salary: $56,310 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $72,660.
- Outlook: The Fort Collins-Loveland area supports a carpenter workforce of 720 individuals, with a jobs-per-1,000-workers ratio of 4.101. The Location Quotient of 0.91 indicates that the concentration of carpenters is slightly below the national average, implying a stable but not exceptionally high demand relative to other professions. This suggests a mature job market where opportunities exist, but rapid expansion is not the primary characteristic.
Salary Overview
The average Carpenters in Fort Collins-Loveland, CO earns-12.0%below the national average.
$27.1
$1,083
$4,693
Carpenters Salary Trends (2020-2024)
While specific historical data for carpenter salary growth in Fort Collins-Loveland is not provided, it is generally assumed that wages for skilled trades like carpentry have seen a modest upward trend over the past four years, mirroring national economic recovery and increased construction activity. Factors such as inflation, rising material costs, and a consistent need for skilled labor likely contribute to incremental salary increases for experienced professionals in this field.
Carpenters Salary Distribution in Fort Collins-Loveland, CO
Salary progression for carpenters in Fort Collins-Loveland, CO, typically correlates strongly with experience and specialization. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with expertise in areas like framing, finish carpentry, or custom woodworking can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies significant career growth potential and the value placed on accumulated skills and project management capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,110 | $18.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $42,233 | $20.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $57,040 | $27.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $70,388 | $33.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $72,660 | $34.9 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$56,310
Gross Pay
Real Wage (Purchasing Power)
$56,310
Adjusted for COL (100)
With an average annual salary of $56,310 and a Cost of Living Index precisely at the national average of 100, carpenters relocating to Fort Collins-Loveland will find their purchasing power aligns with the typical American standard. This means that while the nominal salary is lower than the national average, the cost of essential goods and services is not disproportionately higher, offering a balanced financial environment for those in the trade.
Job Market Context
720
Total Jobs
4.101
Per 1K Jobs
0.91
Location Quotient
Fort Collins-Loveland, CO has 0.91x 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.
The Location Quotient of 0.91 for carpenters in Fort Collins-Loveland suggests a job market that is nearly on par with the national average in terms of concentration. This indicates a healthy, albeit not oversaturated, presence of carpentry professionals. While not a hotspot of exceptionally high demand compared to the national benchmark, it signifies a consistent need for skilled carpenters, making it a viable market for those seeking stable employment.
Nearby Job Markets
Nearby Cities for Carpenters
| City | Salary | Dist. |
|---|---|---|
| Greeley, CO Carpenters Salary | $53,450↓ 5% | 18 mi |
| Boulder, CO Carpenters Salary | $60,810↑ 8% | 37 mi |
| Cheyenne, WY Carpenters Salary | $54,000↓ 4% | 43 mi |
| Denver-Aurora-Centennial, CO Carpenters Salary | $60,020↑ 7% | 55 mi |
Comparing salaries near Fort Collins-Loveland, CO
Hiring Carpenterss?
Frequently Asked Questions
How much does a Carpenters make in Fort Collins-Loveland, CO?
The median annual salary for a Carpenters in Fort Collins-Loveland, CO is $56,310. This typically ranges from $38,110 for entry-level positions to $72,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Collins-Loveland, CO is 12.0% lower than the national median of $64,010.
Is Fort Collins-Loveland, CO a lucrative place for Carpenters?
No, not exceptionally lucrative compared to the national average.The average carpenter salary in Fort Collins-Loveland ($56,310) is below the national average ($64,010), although the cost of living is at the national average (100).
Is Fort Collins-Loveland, CO a good place to live for Carpenters?
The Cost of Living Index in Fort Collins-Loveland, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Collins-Loveland, CO?
Some top paying nearby cities include Greeley, CO ($53,450) and Boulder, CO.
How does the carpenter salary in Fort Collins-Loveland compare to the national average?
The average annual salary for carpenters in Fort Collins-Loveland, CO is $56,310, which is lower than the national average of $64,010.
What is the cost of living in Fort Collins-Loveland, CO for carpenters?
The Cost of Living Index in Fort Collins-Loveland, CO is 100, which is exactly the national average, meaning the cost of goods and services is typical for the United States.
How concentrated is the carpenter job market in Fort Collins-Loveland, CO?
The carpenter job market in Fort Collins-Loveland, CO has a Location Quotient of 0.91, indicating a concentration slightly below the national average, suggesting a stable but not exceptionally high demand.
What is the total number of carpenters employed in Fort Collins-Loveland, CO?
There are approximately 720 carpenters employed in the Fort Collins-Loveland, CO area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Fort Collins-Loveland, CO area with a job density of 4.101 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 Fort Collins-Loveland, CO