Average Carpenters Salary in Lexington Park, MD
Carpenters in Lexington Park, MD, earn an average annual salary of $58,080. This figure is notably below the national average of $64,010, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation within this specific region.
Executive Summary
- Average Salary: $58,080 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,810.
- Outlook: With a local workforce of 260 Carpenters and a Location Quotient of 0.79, Lexington Park, MD, presents a market with slightly less concentration than the national average. This indicates a stable, though not exceptionally high, demand for carpentry services, suggesting a consistent but not rapidly expanding job market for skilled tradespeople in the area.
Salary Overview
The average Carpenters in Lexington Park, MD earns-9.3%below the national average.
$27.9
$1,117
$4,840
Carpenters Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that carpentry salaries across the nation, including in Lexington Park, MD, have experienced steady growth over the past four years. This trend is typically driven by inflation, increased demand for construction and renovation services, and the rising cost of skilled labor.
Carpenters Salary Distribution in Lexington Park, MD
Salary progression for Carpenters in Lexington Park, MD, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles. The gap between these percentiles signifies the career advancement and increased earning potential available through skill development and experience.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,120 | $18.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $43,560 | $20.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $57,010 | $27.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $72,600 | $34.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $74,810 | $36 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$58,080
Gross Pay
Real Wage (Purchasing Power)
$58,080
Adjusted for COL (100)
The average annual salary of $58,080 in Lexington Park, MD, aligns precisely 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 average, indicating that while the nominal pay is lower than the national average, the cost of essential goods and services remains comparable.
Job Market Context
260
Total Jobs
3.586
Per 1K Jobs
0.79
Location Quotient
Lexington Park, MD has 0.79x 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 0.79 for Carpenters in Lexington Park, MD, indicates that the profession is less concentrated than the national average. This suggests that while there is a steady presence of carpentry jobs, the market is not saturated, potentially offering good opportunities for skilled individuals seeking employment without facing intense competition from a disproportionately large number of local professionals.
Nearby Job Markets
Nearby Cities for Carpenters
| City | Salary | Dist. |
|---|---|---|
| Salisbury, MD Carpenters Salary | $51,940↓ 11% | 47 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Carpenters Salary | $63,880↑ 10% | 55 mi |
| Maryland nonmetropolitan area Carpenters Salary | $47,810↓ 18% | 59 mi |
| Baltimore-Columbia-Towson, MD Carpenters Salary | $58,510↑ 1% | 72 mi |
| Richmond, VA Carpenters Salary | $51,780↓ 11% | 75 mi |
Comparing salaries near Lexington Park, MD
Hiring Carpenterss?
Frequently Asked Questions
How much does a Carpenters make in Lexington Park, MD?
The median annual salary for a Carpenters in Lexington Park, MD is $58,080. This typically ranges from $39,120 for entry-level positions to $74,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington Park, MD is 9.3% lower than the national median of $64,010.
Is Lexington Park, MD a lucrative place for Carpenters?
No, not significantly more lucrative than the national average.Carpenters in Lexington Park, MD, earn below the national average salary, although the cost of living is on par with the national average. This results in comparable purchasing power but a lower nominal income compared to national benchmarks.
Is Lexington Park, MD a good place to live for Carpenters?
The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington Park, MD?
Some top paying nearby cities include Salisbury, MD ($51,940) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the Lexington Park Carpenter salary compare to the national average?
The average annual salary for Carpenters in Lexington Park, MD, is $58,080, which is lower than the national average of $64,010.
What is the Cost of Living in Lexington Park, MD?
Lexington Park, MD, has a Cost of Living Index of 100, which is exactly the national average.
How concentrated is the Carpenter job market in Lexington Park, MD?
The Carpenter job market in Lexington Park, MD, has a Location Quotient of 0.79, indicating it is slightly less concentrated than the national average.
What is the total number of Carpenters in Lexington Park, MD?
There are approximately 260 Carpenters employed in Lexington Park, MD.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Lexington Park, MD area with a job density of 3.586 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 Lexington Park, MD