SalaryNode

Average Carpenters Salary in New Jersey

Carpenters in New Jersey are earning a robust average annual salary of $73,130, significantly surpassing the national average of $64,010. This higher compensation is likely driven by New Jersey's strong economic activity and potentially higher demand for skilled trades within its developed infrastructure and construction sectors.

Executive Summary

  • Average Salary: $73,130 per year.
  • Growth Trend: Salaries have shifted 11.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,370.
  • Outlook: With a local workforce of 12,930 Carpenters, New Jersey demonstrates a substantial presence in this trade. The Location Quotient of 0.67 suggests that while the concentration of Carpenters is slightly below the national average, the sheer size of the workforce indicates a consistent and ongoing demand for their skills within the state's economy.
2024 Market Data

Salary Overview

$73,130

The average Carpenters in New Jersey earns+14.2%above the national average.

BreakdownBased on 40h/week
Hourly

$35.2

Weekly

$1,406

Monthly

$6,094

Carpenters Salary Distribution in New Jersey

The salary landscape for Carpenters in New Jersey shows a clear progression based on experience. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. These percentile gaps highlight the significant career progression and earning potential available to dedicated Carpenters.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$40,070$19.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$54,848$26.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$61,880$29.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$91,413$43.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$122,370$58.8

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$73,130

Gross Pay

Real Wage (Purchasing Power)

$65,062

Adjusted for COL (112.4)

The average Carpenter salary of $73,130 in New Jersey presents a strong nominal income. However, with a Cost of Living Index of 112.4, which is 12.4% higher than the national average, the purchasing power of this salary is somewhat tempered. While the salary is above the national average, individuals should carefully consider the higher cost of goods and services when evaluating relocation or living in the state.

Job Market Context

12,930

Total Jobs

3.041

Per 1K Jobs

0.67

Location Quotient

Below Average

New Jersey has 0.67x 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 0.67 indicates that Carpenters are slightly less concentrated in New Jersey compared to the national average. This suggests that while the profession is well-established, the market may not be oversaturated, potentially leading to competitive opportunities for skilled individuals. The state's overall workforce size for this role, however, points to a stable and active job market.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near New Jersey

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in New Jersey?

The median annual salary for a Carpenters in New Jersey is $73,130. This typically ranges from $40,070 for entry-level positions to $122,370 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 14.2% higher than the national median of $64,010.

Is New Jersey a lucrative place for Carpenters?

Yes, New Jersey is a lucrative place for Carpenters.Carpenters in New Jersey earn an average of $73,130 annually, which is considerably higher than the national average. Despite a higher cost of living, the nominal salary offers a strong financial advantage.

Is New Jersey a good place to live for Carpenters?

The Cost of Living Index in New Jersey is 112.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Jersey?

Some top paying nearby cities include Trenton-Princeton, NJ ($72,170) and New York-Newark-Jersey City, NY-NJ.

How does the New Jersey Carpenter salary compare to the national average?

The average Carpenter salary in New Jersey is $73,130, which is approximately $9,120 higher than the national average of $64,010.

What is the concentration of Carpenters in New Jersey?

New Jersey has a Location Quotient of 0.67 for Carpenters, indicating a slightly lower concentration of this profession compared to the national average.

How does the cost of living in New Jersey affect Carpenter salaries?

New Jersey's Cost of Living Index is 112.4, meaning it is 12.4% more expensive than the national average. While the higher salary helps offset this, the increased expenses should be factored into financial planning.

What is the total number of Carpenters employed in New Jersey?

There are approximately 12,930 Carpenters employed in New Jersey, reflecting a significant presence in the state's labor market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,930 employees in the New Jersey area with a job density of 3.041 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.