Average Carpenters Salary in Memphis, TN-MS-AR
Carpenters in the Memphis, TN-MS-AR metropolitan area earn an average annual salary of $52,420. This figure is notably below the national average of $64,010, indicating a localized pay scale influenced by regional economic factors and demand. The specific economic landscape of Memphis dictates this compensation structure for skilled carpentry professionals.
Executive Summary
- Average Salary: $52,420 per year.
- Growth Trend: Salaries have shifted 18.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $67,500.
- Outlook: The Memphis carpentry job market, with a total local workforce of 1,130 professionals, exhibits a concentration (Location Quotient) of 0.4. This suggests that carpentry is less prevalent in Memphis compared to the national average, potentially indicating a stable but not rapidly expanding demand for skilled tradespeople in the region.
Salary Overview
The average Carpenters in Memphis, TN-MS-AR earns-18.1%below the national average.
$25.2
$1,008
$4,368
Carpenters Salary Trends (2020-2024)
While specific historical data for carpentry salary trends in Memphis is not provided, it is generally observed across skilled trades that average salaries have seen consistent growth over the past four years, driven by inflation, increased demand for construction services, and a growing need for specialized carpentry skills.
Carpenters Salary Distribution in Memphis, TN-MS-AR
Carpenter salaries typically scale significantly 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 upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise and years of dedicated practice in the carpentry field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,670 | $18.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $39,315 | $18.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $50,360 | $24.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $65,525 | $31.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $67,500 | $32.5 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$52,420
Gross Pay
Real Wage (Purchasing Power)
$52,420
Adjusted for COL (100)
The average annual salary of $52,420 in Memphis aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of a carpenter's earnings in Memphis is equivalent to that of a carpenter earning the national average salary in a location with a national average cost of living.
Job Market Context
1,130
Total Jobs
1.82
Per 1K Jobs
0.4
Location Quotient
At 0.40x, Memphis, TN-MS-AR has a notably lower concentration of Carpenters jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.4, the Memphis market has a lower concentration of carpenters relative to the national average. This suggests that while carpentry is a vital trade, it may not be as saturated as in other regions, potentially offering a more balanced competitive landscape for skilled individuals seeking employment.
Nearby Job Markets
Nearby Cities for Carpenters
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Carpenters Salary | $46,550↓ 11% | 64 mi |
| Jackson, TN Carpenters Salary | $49,550↓ 5% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Carpenterss?
Frequently Asked Questions
How much does a Carpenters make in Memphis, TN-MS-AR?
The median annual salary for a Carpenters in Memphis, TN-MS-AR is $52,420. This typically ranges from $37,670 for entry-level positions to $67,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Memphis, TN-MS-AR is 18.1% lower than the national median of $64,010.
Is Memphis, TN-MS-AR a lucrative place for Carpenters?
No, but it offers average purchasing power.Carpenters in Memphis earn below the national average salary. However, with a cost of living at the national average, their purchasing power is comparable to the national average.
Is Memphis, TN-MS-AR a good place to live for Carpenters?
The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Memphis, TN-MS-AR?
Some top paying nearby cities include Jonesboro, AR ($46,550) and Jackson, TN.
How does the number of jobs per 1,000 workers affect carpenter opportunities in Memphis?
With 1.82 jobs per 1,000 workers, carpentry employment in Memphis is present but not exceptionally high, suggesting moderate but steady opportunities rather than rapid expansion.
What is the significance of a Location Quotient of 0.4 for carpenters in Memphis?
A Location Quotient of 0.4 indicates that carpentry is less concentrated in Memphis compared to the national average, implying a potentially less saturated job market for skilled professionals.
How does the Cost of Living Index of 100 impact the $52,420 carpenter salary?
A Cost of Living Index of 100 means that the $52,420 salary in Memphis has the same purchasing power as the national average salary in a national average cost of living area.
Is the carpentry job market in Memphis competitive?
Given the lower Location Quotient and moderate jobs per 1,000 workers, the market is likely moderately competitive, favoring skilled and experienced carpenters.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,130 employees in the Memphis, TN-MS-AR area with a job density of 1.82 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 Memphis, TN-MS-AR