Average Carpenters Salary in Monroe, LA
Carpenters in Monroe, Louisiana, earn an average annual salary of $45,290. This figure is notably lower than the national average of $64,010, indicating a localized compensation structure. Factors such as the regional economic landscape, demand for skilled trades, and the overall cost of doing business in Monroe likely contribute to this pay differential.
Executive Summary
- Average Salary: $45,290 per year.
- Growth Trend: Salaries have shifted 13.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,480.
- Outlook: The carpenter job market in Monroe, LA, is supported by a local workforce of 300 individuals. With a Location Quotient of 0.76, the concentration of carpenters is slightly below the national average, suggesting a stable but not exceptionally high demand relative to other professions. The presence of 3.441 jobs per 1,000 workers indicates a consistent need for carpentry services within the community.
Salary Overview
The average Carpenters in Monroe, LA earns-29.2%below the national average.
$21.8
$871
$3,774
Carpenters Salary Trends (2020-2024)
While specific historical data for Monroe's carpenter salaries over the past four years is not provided, it is reasonable to assume a general upward trend in line with national economic patterns. Typically, skilled trades like carpentry experience salary growth driven by inflation, increased demand for construction and renovation, and the ongoing need for experienced professionals. This suggests that carpenters in Monroe have likely seen modest increases in their earning potential over recent years.
Carpenters Salary Distribution in Monroe, LA
Salary progression for carpenters in Monroe, LA, is significantly influenced by experience and skill specialization. Entry-level positions typically command lower wages, while seasoned professionals with expertise in areas like framing, finishing, or custom woodworking can expect substantially higher compensation. The percentile gaps in salary distribution reflect this career trajectory, with senior carpenters earning well above the average as their expertise and responsibilities grow.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $31,530 | $15.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $33,968 | $16.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $44,710 | $21.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $56,613 | $27.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $58,480 | $28.1 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$45,290
Gross Pay
Real Wage (Purchasing Power)
$45,290
Adjusted for COL (100)
The average carpenter salary of $45,290 in Monroe, LA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power at the national standard. While the salary is below the national average for the profession, the cost of living being at par suggests that the take-home pay offers a comparable lifestyle to that experienced in an average U.S. city.
Job Market Context
300
Total Jobs
3.441
Per 1K Jobs
0.76
Location Quotient
Monroe, LA has 0.76x 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.
Monroe, LA, exhibits a Location Quotient of 0.76 for carpenters, indicating that the profession is slightly less concentrated than the national average. This suggests that while there is a steady presence of carpenters, the market is not oversaturated. For job seekers, this could mean a moderate level of competition, but also a consistent availability of opportunities as the local workforce is not disproportionately large compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Carpenters
| City | Salary | Dist. |
|---|---|---|
| Alexandria, LA Carpenters Salary | $47,070↑ 4% | 88 mi |
| Southwest Louisiana nonmetropolitan area Carpenters Salary | $47,230↑ 4% | 94 mi |
| Central Louisiana nonmetropolitan area Carpenters Salary | $45,000↓ 1% | 94 mi |
| Northeast Louisiana nonmetropolitan area Carpenters Salary | $45,280↓ 0% | 94 mi |
Comparing salaries near Monroe, LA
Hiring Carpenterss?
Frequently Asked Questions
How much does a Carpenters make in Monroe, LA?
The median annual salary for a Carpenters in Monroe, LA is $45,290. This typically ranges from $31,530 for entry-level positions to $58,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, LA is 29.2% lower than the national median of $64,010.
Is Monroe, LA a lucrative place for Carpenters?
No, not exceptionally lucrative compared to the national average.The average carpenter salary in Monroe, LA, is $45,290, which is significantly lower than the national average of $64,010. However, the local cost of living is at the national average, meaning the purchasing power of the salary is standard.
Is Monroe, LA a good place to live for Carpenters?
The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, LA?
Some top paying nearby cities include Alexandria, LA ($47,070) and Southwest Louisiana nonmetropolitan area.
How does Monroe's carpenter salary compare to the national average?
Carpenters in Monroe, LA, earn an average of $45,290 annually, which is considerably less than the national average of $64,010.
What is the Cost of Living in Monroe, LA for carpenters?
The Cost of Living Index in Monroe, LA, is 100, which is exactly the national average. This means the purchasing power of a carpenter's salary in Monroe is equivalent to the national standard.
How concentrated is the carpenter job market in Monroe, LA?
The carpenter job market in Monroe, LA, has a Location Quotient of 0.76, indicating it is slightly less concentrated than the national average, suggesting a stable but not overly competitive market.
What is the total workforce of carpenters in Monroe, LA?
There are approximately 300 carpenters employed in Monroe, LA, contributing to the local economy and construction sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Monroe, LA area with a job density of 3.441 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Carpenters Salaries by State
Top Jobs in Monroe, LA
- All Occupations Salary in Monroe, LA
- Office and Administrative Support Occupations Salary in Monroe, LA
- Sales and Related Occupations Salary in Monroe, LA
- Food Preparation and Serving Related Occupations Salary in Monroe, LA
- Transportation and Material Moving Occupations Salary in Monroe, LA
- Healthcare Practitioners and Technical Occupations Salary in Monroe, LA
- Healthcare Support Occupations Salary in Monroe, LA
- Educational Instruction and Library Occupations Salary in Monroe, LA
- Management Occupations Salary in Monroe, LA
- Production Occupations Salary in Monroe, LA
- Browse All Jobs in Monroe, LA →
Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Monroe, LA