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Average Carpenters Salary in Northwest Colorado nonmetropolitan area

Carpenters in the Northwest Colorado nonmetropolitan area earn an average annual salary of $61,640. This figure is slightly below the national average of $64,010, a common occurrence in nonmetropolitan regions where the cost of labor and demand dynamics can differ from larger urban centers. Local economic factors and the specific construction needs of the region play a significant role in shaping carpenter compensation.

Executive Summary

  • Average Salary: $61,640 per year.
  • Growth Trend: Salaries have shifted 19.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $82,280.
  • Outlook: The carpenter job market in Northwest Colorado nonmetropolitan area appears robust, evidenced by a total local workforce of 1,110 individuals. The location quotient of 1.86 strongly suggests a higher concentration of carpenters than the national average, indicating a significant demand or specialized need for these skilled tradespeople within the region's economy.
2024 Market Data

Salary Overview

$61,640

The average Carpenters in Northwest Colorado nonmetropolitan area earns-3.7%below the national average.

BreakdownBased on 40h/week
Hourly

$29.6

Weekly

$1,185

Monthly

$5,137

Carpenters Salary Distribution in Northwest Colorado nonmetropolitan area

Carpenter salaries naturally scale with experience. Entry-level positions typically command lower wages, while seasoned professionals with extensive portfolios and specialized skills can secure significantly higher compensation. The percentile gaps in salary distribution, though not detailed here, would reflect this progression, with senior carpenters earning at the higher end of the pay scale due to their expertise and proven track record.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$40,280$19.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$46,230$22.2
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$59,290$28.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$77,050$37
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$82,280$39.6

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$61,640

Gross Pay

Real Wage (Purchasing Power)

$61,640

Adjusted for COL (100)

The average carpenter salary of $61,640 in Northwest Colorado nonmetropolitan area 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 comparable to that of a carpenter earning the national average salary in a region with a national average cost of living. Essentially, your earnings will go as far as the national average.

Job Market Context

1,110

Total Jobs

8.412

Per 1K Jobs

1.86

Location Quotient

Major Hub

Northwest Colorado nonmetropolitan area has 1.9x the national concentration of Carpenters jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a location quotient of 1.86, Northwest Colorado nonmetropolitan area exhibits a strong concentration of carpenters relative to the national average. This indicates a specialized market where the demand for carpentry services is notably higher than the national benchmark, suggesting a potentially favorable environment for skilled carpenters seeking employment or establishing their services.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Northwest Colorado nonmetropolitan area

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Northwest Colorado nonmetropolitan area?

The median annual salary for a Carpenters in Northwest Colorado nonmetropolitan area is $61,640. This typically ranges from $40,280 for entry-level positions to $82,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Colorado nonmetropolitan area is 3.7% lower than the national median of $64,010.

Is Northwest Colorado nonmetropolitan area a lucrative place for Carpenters?

Yes, it offers competitive compensation relative to its cost of living.Carpenters earn $61,640 annually, which holds strong purchasing power due to the national average cost of living. The high location quotient also suggests robust demand for the trade.

Is Northwest Colorado nonmetropolitan area a good place to live for Carpenters?

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

Where are the highest paying cities near Northwest Colorado nonmetropolitan area?

Some top paying nearby cities include Colorado Springs, CO ($54,640) and Denver-Aurora-Centennial, CO.

How does the carpenter salary in Northwest Colorado compare to the national average?

The average carpenter salary in Northwest Colorado nonmetropolitan area is $61,640, which is slightly lower than the national average of $64,010.

What does a location quotient of 1.86 mean for carpenters in this area?

A location quotient of 1.86 signifies that carpenters are more concentrated in Northwest Colorado nonmetropolitan area than the national average, indicating a higher relative demand or specialization in this trade within the region.

Is the cost of living high in Northwest Colorado nonmetropolitan area for carpenters?

No, the cost of living index is 100, which is exactly the national average, meaning your salary will have average purchasing power.

How many carpenters are employed in Northwest Colorado nonmetropolitan area?

There are approximately 1,110 carpenters employed in the Northwest Colorado nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,110 employees in the Northwest Colorado nonmetropolitan area area with a job density of 8.412 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.