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Average Carpenters Salary in Mankato, MN

Carpenters in Mankato, MN, earn an average annual salary of $63,220. This figure is slightly below the national average of $64,010, indicating a localized pay scale influenced by regional economic factors and demand within the Mankato area. While close to the national benchmark, this difference suggests specific market dynamics at play for skilled trades in this Minnesota city.

Executive Summary

  • Average Salary: $63,220 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $82,350.
  • Outlook: Mankato, MN, supports a carpenter workforce of 210 individuals, with a location quotient of 0.86. This suggests a slightly lower concentration of carpenters compared to the national average, implying a stable but not overly saturated job market. The presence of nearly 4 carpenter jobs per 1,000 workers indicates consistent demand for these essential construction professionals within the local economy.
2024 Market Data

Salary Overview

$63,220

The average Carpenters in Mankato, MN earns-1.2%below the national average.

BreakdownBased on 40h/week
Hourly

$30.4

Weekly

$1,216

Monthly

$5,268

Carpenters Salary Distribution in Mankato, MN

Salary progression for carpenters in Mankato, MN, typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The percentile gaps in earnings, from the 25th to the 75th percentile, reflect this career trajectory and the value placed on expertise and years of service in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$42,230$20.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$47,415$22.8
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$61,660$29.6
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$79,025$38
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$82,350$39.6

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$63,220

Gross Pay

Real Wage (Purchasing Power)

$63,220

Adjusted for COL (100)

With an average annual salary of $63,220 and a Cost of Living Index of 100, carpenters in Mankato, MN, find their nominal earnings align precisely with the national average cost of living. This means that the purchasing power of their salary in Mankato is equivalent to the national average, offering a stable financial foundation without the immediate pressures of a significantly higher or lower cost of living.

Job Market Context

210

Total Jobs

3.883

Per 1K Jobs

0.86

Location Quotient

Below Average

Mankato, MN has 0.86x 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.

The location quotient of 0.86 for carpenters in Mankato, MN, indicates that the profession is slightly less concentrated than the national average. This suggests that while carpenters are a valued part of the local workforce, the market may not be saturated, potentially offering good opportunities for skilled individuals. The job market is likely competitive but accessible for qualified professionals.

Nearby Job Markets

Nearby Cities for Carpenters

CitySalaryDist.
Minneapolis-St. Paul-Bloomington, MN-WI Carpenters Salary$74,090↑ 17%66 mi
Rochester, MN Carpenters Salary$67,050↑ 6%75 mi
St. Cloud, MN Carpenters Salary$64,460↑ 2%95 mi

Comparing salaries near Mankato, MN

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Mankato, MN?

The median annual salary for a Carpenters in Mankato, MN is $63,220. This typically ranges from $42,230 for entry-level positions to $82,350 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mankato, MN is 1.2% lower than the national median of $64,010.

Is Mankato, MN a lucrative place for Carpenters?

Yes, Mankato, MN offers a competitive salary for Carpenters.Carpenters in Mankato earn an average of $63,220, which is very close to the national average, and the cost of living is exactly at the national average, making it a financially stable location.

Is Mankato, MN a good place to live for Carpenters?

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

Where are the highest paying cities near Mankato, MN?

Some top paying nearby cities include Minneapolis-St. Paul-Bloomington, MN-WI ($74,090) and Rochester, MN.

How does Mankato's carpenter salary compare to the national average?

The average carpenter salary in Mankato, MN is $63,220, which is slightly lower than the national average of $64,010.

What is the concentration of carpenters in Mankato, MN?

Mankato has a location quotient of 0.86 for carpenters, meaning the profession is slightly less concentrated than the national average.

How does the cost of living in Mankato affect carpenter salaries?

Mankato's cost of living index is 100, which is the national average. This means the $63,220 salary has purchasing power equivalent to the national average.

What is the size of the carpenter workforce in Mankato, MN?

There are approximately 210 carpenters employed in Mankato, MN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Mankato, MN area with a job density of 3.883 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Mankato, MN