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Average Carpenters Salary in Janesville-Beloit, WI

Carpenters in the Janesville-Beloit, WI area are earning an impressive average annual salary of $71,010, significantly surpassing the national average of $64,010. This elevated compensation is likely driven by a localized demand for skilled carpentry professionals and potentially a higher cost of doing business or specific project needs within the region.

Executive Summary

  • Average Salary: $71,010 per year.
  • Growth Trend: Salaries have shifted 36.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $94,110.
  • Outlook: The Janesville-Beloit area demonstrates a robust job market for Carpenters, evidenced by a total local workforce of 400 individuals in this trade. With a Location Quotient of 1.28, the concentration of Carpenters is notably higher than the national average, suggesting strong and consistent demand for their specialized skills within the local economy.
2024 Market Data

Salary Overview

$71,010

The average Carpenters in Janesville-Beloit, WI earns+10.9%above the national average.

BreakdownBased on 40h/week
Hourly

$34.1

Weekly

$1,366

Monthly

$5,918

Carpenters Salary Distribution in Janesville-Beloit, WI

Carpenter salaries typically scale with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive portfolios and specialized skills can command salaries in the upper percentiles. The observable gaps between salary percentiles reflect the career progression and increased earning potential available to Carpenters as they advance in their careers.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$46,840$22.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$53,258$25.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$81,370$39.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$88,763$42.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$94,110$45.2

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$71,010

Gross Pay

Real Wage (Purchasing Power)

$71,010

Adjusted for COL (100)

The average annual salary of $71,010 in Janesville-Beloit, WI, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Carpenter's salary in this area is equivalent to the national standard, offering a stable financial environment for residents without the added pressure of a significantly higher cost of living.

Job Market Context

400

Total Jobs

5.812

Per 1K Jobs

1.28

Location Quotient

Above Average

With a location quotient of 1.28, Janesville-Beloit, WI has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.

A Location Quotient of 1.28 indicates that Carpenters are more concentrated in the Janesville-Beloit area than the national average. This suggests a healthy and active job market where demand for carpentry services is robust, potentially leading to more opportunities and competitive compensation for skilled professionals in the field.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Janesville-Beloit, WI

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Janesville-Beloit, WI?

The median annual salary for a Carpenters in Janesville-Beloit, WI is $71,010. This typically ranges from $46,840 for entry-level positions to $94,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Janesville-Beloit, WI is 10.9% higher than the national median of $64,010.

Is Janesville-Beloit, WI a lucrative place for Carpenters?

Yes, Janesville-Beloit, WI offers a lucrative environment for Carpenters.Carpenters in this area earn approximately $7,000 more than the national average, and the local cost of living is on par with the national average, enhancing their earning potential.

Is Janesville-Beloit, WI a good place to live for Carpenters?

The Cost of Living Index in Janesville-Beloit, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Janesville-Beloit, WI?

Some top paying nearby cities include Rockford, IL ($77,580) and Madison, WI.

How does the Janesville-Beloit Carpenter salary compare to the national average?

Carpenters in Janesville-Beloit, WI, earn an average annual salary of $71,010, which is $7,000 higher than the national average of $64,010.

What is the concentration of Carpenters in Janesville-Beloit, WI?

The concentration of Carpenters in Janesville-Beloit, WI, is 1.28 times the national average, indicating a higher presence and likely demand for the trade in the area.

How does the Cost of Living in Janesville-Beloit, WI affect Carpenter salaries?

The Cost of Living Index in Janesville-Beloit, WI, is 100, which is the national average. This means the higher salary of $71,010 offers good purchasing power locally.

What is the total number of Carpenters in the Janesville-Beloit, WI workforce?

There are approximately 400 Carpenters employed within the Janesville-Beloit, WI local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Janesville-Beloit, WI area with a job density of 5.812 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.