Average Carpenters Salary in Guam
Carpenters in Guam earn an average annual salary of $38,380, significantly below the national average of $64,010. This disparity is often influenced by the unique economic factors and market demands present in island territories, including higher logistical costs for materials and a specialized labor pool.
Executive Summary
- Average Salary: $38,380 per year.
- Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,310.
- Outlook: With a local workforce of 1,460 Carpenters and a Location Quotient of 5.18, Guam exhibits a highly concentrated demand for this trade. The substantial concentration suggests that Carpenters are a vital component of the local economy, indicating a robust and stable job market for skilled professionals in this field.
Salary Overview
The average Carpenters in Guam earns-40.0%below the national average.
$18.5
$738
$3,198
Carpenters Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Carpenter salaries in Guam have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increased construction activity, and a persistent demand for skilled trades would likely contribute to a positive salary trajectory.
Carpenters Salary Distribution in Guam
Salary progression for Carpenters in Guam typically scales with experience. Entry-level positions may start closer to $30,000, while seasoned professionals with specialized skills or supervisory roles can command salaries exceeding $50,000. The percentile gaps in earnings clearly signify the career advancement opportunities available within the trade.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $33,590 | $16.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $28,785 | $13.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $36,380 | $17.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $47,975 | $23.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $47,310 | $22.7 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$38,380
Gross Pay
Real Wage (Purchasing Power)
$29,523
Adjusted for COL (130)
The nominal salary of $38,380 in Guam must be viewed through the lens of its Cost of Living Index of 130, which is 30% higher than the national average. This means that while the gross income is lower than the national average, the purchasing power of that income locally is diminished, requiring careful financial planning.
Job Market Context
1,460
Total Jobs
23.442
Per 1K Jobs
5.18
Location Quotient
Guam has 5.2x 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.
Guam's Carpenter market boasts a Location Quotient of 5.18, indicating that Carpenters are employed at a rate over five times the national average relative to the general workforce. This high concentration signifies a strong demand and a specialized market where these skills are particularly valued and sought after.
Nearby Job Markets
Hiring Carpenterss?
Frequently Asked Questions
How much does a Carpenters make in Guam?
The median annual salary for a Carpenters in Guam is $38,380. This typically ranges from $33,590 for entry-level positions to $47,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Guam is 40.0% lower than the national median of $64,010.
Is Guam a lucrative place for Carpenters?
No, not solely based on nominal salary.While the demand is high (LQ 5.18), the average salary of $38,380 is considerably lower than the national average, and the cost of living is 30% higher.
Is Guam a good place to live for Carpenters?
The Cost of Living Index in Guam is 130. While higher than average, this often correlates with higher wages.
How does Guam's Carpenter salary compare to the US national average?
Carpenters in Guam earn an average of $38,380 annually, which is substantially less than the US national average of $64,010.
What does the Location Quotient (LQ) of 5.18 mean for Carpenters in Guam?
An LQ of 5.18 means that Carpenters are employed in Guam at a rate more than five times the national average, indicating a very high concentration and demand for the profession.
How does the cost of living in Guam affect Carpenter salaries?
With a Cost of Living Index of 130, Guam is 30% more expensive than the national average. This means the $38,380 salary has less purchasing power locally compared to the national average.
What is the total number of Carpenters in Guam?
There are approximately 1,460 Carpenters employed in Guam, representing a significant portion of the local workforce given the island's population.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,460 employees in the Guam area with a job density of 23.442 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Carpenters Salaries by State
Top Jobs in Guam
- All Occupations Salary in Guam
- Office and Administrative Support Occupations Salary in Guam
- Food Preparation and Serving Related Occupations Salary in Guam
- Construction and Extraction Occupations Salary in Guam
- Management Occupations Salary in Guam
- Sales and Related Occupations Salary in Guam
- Transportation and Material Moving Occupations Salary in Guam
- Installation, Maintenance, and Repair Occupations Salary in Guam
- Business and Financial Operations Occupations Salary in Guam
- Protective Service Occupations Salary in Guam
- Browse All Jobs in Guam →
Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Guam