Average Carpenters Salary in Greeley, CO
Carpenters in Greeley, Colorado, can expect an average annual salary of $53,450. This figure is notably below the national average of $64,010, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation levels within this specific region.
Executive Summary
- Average Salary: $53,450 per year.
- Growth Trend: Salaries have shifted 11.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,370.
- Outlook: Greeley, CO, supports a carpenter workforce of 460 individuals, with a Location Quotient of 0.89. This indicates a slightly lower concentration of carpenters compared to the national average, suggesting a stable but not exceptionally high demand for the trade within the local economy. The presence of over 4 carpenters per 1,000 workers points to a consistent need for skilled carpentry services.
Salary Overview
The average Carpenters in Greeley, CO earns-16.5%below the national average.
$25.7
$1,028
$4,454
Carpenters Salary Trends (2020-2024)
While specific historical data for Greeley's carpenter salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic growth, inflation, and increasing demand for construction and renovation services typically drive salary increases for skilled trades like carpentry, suggesting that carpenters in Greeley have likely seen modest wage growth over time.
Carpenters Salary Distribution in Greeley, CO
Carpenter salaries in Greeley, CO, are expected to scale with experience. Entry-level positions typically command lower wages, while seasoned professionals with extensive portfolios and specialized skills can earn significantly more. The variance in pay across different experience levels, often reflected in salary percentiles, highlights the career progression opportunities available within the trade, rewarding expertise and dedication.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,040 | $18.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $40,088 | $19.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $52,550 | $25.3 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $66,813 | $32.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $64,370 | $30.9 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$53,450
Gross Pay
Real Wage (Purchasing Power)
$53,450
Adjusted for COL (100)
The average annual salary for carpenters in Greeley, CO, stands at $53,450. This nominal income aligns perfectly with the local Cost of Living Index of 100, which is the national average. Therefore, the purchasing power of a carpenter's salary in Greeley is equivalent to the national standard, meaning that while the salary is below the national average, the cost of living does not exacerbate this difference.
Job Market Context
460
Total Jobs
4.017
Per 1K Jobs
0.89
Location Quotient
Greeley, CO has 0.89x 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 0.89, Greeley, CO, has a carpenter workforce that is slightly less concentrated than the national average. This suggests that while the profession is well-established, there isn't an oversupply of carpenters relative to other occupations. This moderate concentration implies a competitive job market where skilled carpenters can find consistent opportunities without facing extreme saturation.
Nearby Job Markets
Nearby Cities for Carpenters
| City | Salary | Dist. |
|---|---|---|
| Fort Collins-Loveland, CO Carpenters Salary | $56,310↑ 5% | 18 mi |
| Boulder, CO Carpenters Salary | $60,810↑ 14% | 37 mi |
| Denver-Aurora-Centennial, CO Carpenters Salary | $60,020↑ 12% | 45 mi |
| Cheyenne, WY Carpenters Salary | $54,000↑ 1% | 50 mi |
| Northwest Colorado nonmetropolitan area Carpenters Salary | $61,640↑ 15% | 98 mi |
Comparing salaries near Greeley, CO
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Frequently Asked Questions
How much does a Carpenters make in Greeley, CO?
The median annual salary for a Carpenters in Greeley, CO is $53,450. This typically ranges from $38,040 for entry-level positions to $64,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greeley, CO is 16.5% lower than the national median of $64,010.
Is Greeley, CO a lucrative place for Carpenters?
No, not exceptionally lucrative compared to the national average.Carpenters in Greeley earn an average of $53,450, which is below the national average of $64,010. However, the local cost of living is also at the national average, meaning the salary's purchasing power is comparable.
Is Greeley, CO a good place to live for Carpenters?
The Cost of Living Index in Greeley, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greeley, CO?
Some top paying nearby cities include Fort Collins-Loveland, CO ($56,310) and Boulder, CO.
How does the Greeley carpenter salary compare to the national average?
The average carpenter salary in Greeley, CO, is $53,450, which is approximately 16.5% lower than the national average of $64,010.
What is the cost of living in Greeley, CO for carpenters?
Greeley, CO, has a Cost of Living Index of 100, which is exactly the national average. This means the cost of goods and services is neither higher nor lower than the typical U.S. city.
How many carpenters are there in Greeley, CO?
There are approximately 460 carpenters employed in Greeley, CO, representing about 4.017 jobs per 1,000 workers in the local economy.
Is the carpenter job market in Greeley growing?
While specific growth rates aren't provided, the stable number of jobs per 1,000 workers and a Location Quotient close to 1.0 suggest a consistent demand for carpenters in Greeley.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Greeley, CO area with a job density of 4.017 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 Greeley, CO