SalaryNode

Average Carpenters Salary in Lafayette, LA

In Lafayette, LA, Carpenters can expect an average annual salary of $46,710. This figure is notably lower than the national average of $64,010, suggesting that local economic factors and demand dynamics play a significant role in compensation within this region.

Executive Summary

  • Average Salary: $46,710 per year.
  • Growth Trend: Salaries have shifted 15.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,340.
  • Outlook: With a total local workforce of 480 Carpenters, Lafayette presents a moderate employment landscape for this trade. The Location Quotient of 0.61 indicates a slightly lower concentration of Carpenters compared to the national average, suggesting that while the profession is present, it is not as densely populated as in other areas, potentially offering stable opportunities for skilled individuals.
2024 Market Data

Salary Overview

$46,710

The average Carpenters in Lafayette, LA earns-27.0%below the national average.

BreakdownBased on 40h/week
Hourly

$22.5

Weekly

$898

Monthly

$3,893

Carpenters Salary Distribution in Lafayette, LA

The salary spectrum for Carpenters in Lafayette, LA, typically widens with experience. Entry-level positions often start at the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. These percentile gaps highlight the significant career progression and earning potential available to those who invest in developing their expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$26,660$12.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$35,033$16.8
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$45,360$21.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$58,388$28.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$62,340$30

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$46,710

Gross Pay

Real Wage (Purchasing Power)

$46,710

Adjusted for COL (100)

The average Carpenter salary of $46,710 in Lafayette, LA, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal income earned by Carpenters in Lafayette holds purchasing power equivalent to the national average, indicating a balanced economic environment where wages generally reflect the cost of goods and services.

Job Market Context

480

Total Jobs

2.759

Per 1K Jobs

0.61

Location Quotient

Below Average

Lafayette, LA has 0.61x 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.

A Location Quotient of 0.61 for Carpenters in Lafayette, LA, signifies that the profession is less concentrated locally than the national average. This suggests a market that is neither oversaturated nor critically undersupplied, potentially offering a competitive yet accessible environment for skilled tradespeople seeking employment.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Lafayette, LA

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Frequently Asked Questions

How much does a Carpenters make in Lafayette, LA?

The median annual salary for a Carpenters in Lafayette, LA is $46,710. This typically ranges from $26,660 for entry-level positions to $62,340 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette, LA is 27.0% lower than the national median of $64,010.

Is Lafayette, LA a lucrative place for Carpenters?

No, Lafayette, LA is not a lucrative place for Carpenters compared to the national average.Carpenters in Lafayette earn significantly less than the national average, with their average salary being $46,710 compared to $64,010 nationally. However, the cost of living is also at the national average, making the purchasing power comparable.

Is Lafayette, LA a good place to live for Carpenters?

The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lafayette, LA?

Some top paying nearby cities include Baton Rouge, LA ($54,910) and Southwest Louisiana nonmetropolitan area.

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

The average Carpenter salary in Lafayette, LA is $46,710, which is substantially lower than the national average of $64,010.

What is the concentration of Carpenters in Lafayette, LA?

Lafayette has a lower concentration of Carpenters than the national average, indicated by a Location Quotient of 0.61.

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

Lafayette's Cost of Living Index is 100, matching the national average. This means that despite the lower nominal salary, the purchasing power of a Carpenter's income in Lafayette is equivalent to the national average.

What does the job market look like for Carpenters in Lafayette?

With a total local workforce of 480 and a Location Quotient below 1.0, the market is moderately sized and less concentrated than the national average, suggesting stable but not booming demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Lafayette, LA area with a job density of 2.759 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.