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Average Carpenters Salary in Northern New Hampshire nonmetropolitan area

Carpenters in the Northern New Hampshire nonmetropolitan area earn an average annual salary of $58,920. This figure is slightly below the national average of $64,010, a common trend in nonmetropolitan regions where the cost of labor and operational expenses can be lower. Local economic factors and the specific demand within this region contribute to this salary differential.

Executive Summary

  • Average Salary: $58,920 per year.
  • Growth Trend: Salaries have shifted 27.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $78,120.
  • Outlook: With a total local workforce of 490 Carpenters, the job market in Northern New Hampshire demonstrates a stable presence. The Location Quotient of 1.29 indicates a concentration of Carpenters that is 29% higher than the national average, suggesting a robust demand or a specialized need for carpentry services within this nonmetropolitan area.
2024 Market Data

Salary Overview

$58,920

The average Carpenters in Northern New Hampshire nonmetropolitan area earns-8.0%below the national average.

BreakdownBased on 40h/week
Hourly

$28.3

Weekly

$1,133

Monthly

$4,910

Carpenters Salary Distribution in Northern New Hampshire nonmetropolitan area

Salary progression for Carpenters in Northern New Hampshire typically scales with experience. Entry-level positions may start closer to 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 compensation clearly signify career progression, rewarding those who invest in developing their expertise and taking on more complex projects.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$45,000$21.6
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$44,190$21.2
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$60,480$29.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$73,650$35.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$78,120$37.6

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$58,920

Gross Pay

Real Wage (Purchasing Power)

$58,920

Adjusted for COL (100)

The average Carpenter salary of $58,920 in Northern New Hampshire aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Carpenter's income in this region is equivalent to that of a Carpenter earning the national average salary in a national average cost-of-living area, making it a financially neutral location from a cost perspective.

Job Market Context

490

Total Jobs

5.851

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Northern New Hampshire nonmetropolitan area has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.

The Location Quotient of 1.29 for Carpenters in Northern New Hampshire signifies a notable concentration of this profession compared to the national average. This suggests that the demand for carpentry services is relatively strong within this nonmetropolitan area, potentially leading to more consistent employment opportunities and a competitive environment for skilled tradespeople.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Northern New Hampshire nonmetropolitan area

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Northern New Hampshire nonmetropolitan area?

The median annual salary for a Carpenters in Northern New Hampshire nonmetropolitan area is $58,920. This typically ranges from $45,000 for entry-level positions to $78,120 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern New Hampshire nonmetropolitan area is 8.0% lower than the national median of $64,010.

Is Northern New Hampshire nonmetropolitan area a lucrative place for Carpenters?

No, it is not exceptionally lucrative compared to the national average.While the average salary of $58,920 is respectable, it falls below the national average of $64,010. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

Is Northern New Hampshire nonmetropolitan area a good place to live for Carpenters?

The Cost of Living Index in Northern New Hampshire nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northern New Hampshire nonmetropolitan area?

Some top paying nearby cities include Manchester-Nashua, NH ($60,280) and Portland-South Portland, ME.

How does the number of Carpenters in Northern New Hampshire compare nationally?

With 5.851 jobs per 1,000 workers, the density of Carpenters in Northern New Hampshire is slightly above the national average, indicating a solid presence in the local labor market.

What is the significance of the Location Quotient for Carpenters in this area?

A Location Quotient of 1.29 means that Carpenters are 29% more concentrated in Northern New Hampshire than the national average, suggesting a higher demand or specialized industry reliance on carpentry skills.

Does the cost of living affect Carpenter salaries in Northern New Hampshire?

The Cost of Living Index is 100, matching the national average. This implies that the $58,920 salary offers a purchasing power equivalent to the national average, without the added expense of a higher cost of living.

What does the total local workforce of 490 Carpenters suggest?

A workforce of 490 Carpenters indicates a substantial and established presence of the trade within the Northern New Hampshire nonmetropolitan area, supporting the notion of consistent local demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Northern New Hampshire nonmetropolitan area area with a job density of 5.851 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.