SalaryNode

Average Carpenters Salary in Olympia-Lacey-Tumwater, WA

Carpenters in the Olympia-Lacey-Tumwater, WA area are earning an impressive average annual salary of $76,630. This figure significantly surpasses the national average of $64,010, indicating a strong local demand for skilled carpentry professionals. The robust pay in this region can be attributed to a combination of factors, including local economic conditions and the specific needs of the construction sector in Washington State.

Executive Summary

  • Average Salary: $76,630 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $114,410.
  • Outlook: The local carpenter job market in Olympia-Lacey-Tumwater appears stable and moderately concentrated, with a total workforce of 660 professionals. The Location Quotient of 1.14 suggests that carpenters are slightly more prevalent here than the national average, implying a consistent demand that supports the current workforce size and job opportunities.
2024 Market Data

Salary Overview

$76,630

The average Carpenters in Olympia-Lacey-Tumwater, WA earns+19.7%above the national average.

BreakdownBased on 40h/week
Hourly

$36.8

Weekly

$1,474

Monthly

$6,386

Carpenters Salary Distribution in Olympia-Lacey-Tumwater, WA

Salary progression for carpenters in Olympia-Lacey-Tumwater 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 distribution of earnings highlights this, with senior carpenters often earning well above the average, reflecting their expertise and value to employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$49,550$23.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$57,473$27.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$66,560$32
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$95,788$46.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$114,410$55

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$76,630

Gross Pay

Real Wage (Purchasing Power)

$76,630

Adjusted for COL (100)

The average annual salary of $76,630 in Olympia-Lacey-Tumwater aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a carpenter's salary in this area is equivalent to the national standard, offering a stable financial outlook without the added pressure of a significantly higher cost of living.

Job Market Context

660

Total Jobs

5.181

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Olympia-Lacey-Tumwater, WA has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.

With a Location Quotient of 1.14, the Olympia-Lacey-Tumwater area exhibits a slightly higher concentration of carpenters compared to the national average. This suggests a healthy and active job market where demand is sufficient to support a slightly more robust supply of skilled tradespeople, potentially leading to competitive opportunities for both employers and employees.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Olympia-Lacey-Tumwater, WA

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Olympia-Lacey-Tumwater, WA?

The median annual salary for a Carpenters in Olympia-Lacey-Tumwater, WA is $76,630. This typically ranges from $49,550 for entry-level positions to $114,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Olympia-Lacey-Tumwater, WA is 19.7% higher than the national median of $64,010.

Is Olympia-Lacey-Tumwater, WA a lucrative place for Carpenters?

Yes, it is a lucrative place for Carpenters.Carpenters in this area earn substantially more than the national average, and the cost of living is on par with the national average, enhancing their effective earning potential.

Is Olympia-Lacey-Tumwater, WA a good place to live for Carpenters?

The Cost of Living Index in Olympia-Lacey-Tumwater, WA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Olympia-Lacey-Tumwater, WA?

Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($70,670) and Seattle-Tacoma-Bellevue, WA.

How does the carpenter salary in Olympia compare to the national average?

Carpenters in Olympia-Lacey-Tumwater earn an average of $76,630 annually, which is over $12,000 more than the national average of $64,010.

What is the cost of living like for carpenters in Olympia-Lacey-Tumwater?

The cost of living in Olympia-Lacey-Tumwater is exactly at the national average (100), meaning your salary of $76,630 will have the same purchasing power as the national average salary in its respective location.

Is there high demand for carpenters in Olympia-Lacey-Tumwater?

The Location Quotient of 1.14 suggests a slightly higher concentration of carpenters than the national average, indicating a steady and consistent demand for their services in the local market.

How many carpenters are employed in the Olympia-Lacey-Tumwater area?

There are approximately 660 carpenters employed within the Olympia-Lacey-Tumwater metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 660 employees in the Olympia-Lacey-Tumwater, WA area with a job density of 5.181 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.