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Average Carpenters Salary in Owensboro, KY

Carpenters in Owensboro, KY earn an average annual salary of $50,130. This figure is notably below the national average of $64,010, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. The specific economic conditions and construction industry landscape within Owensboro play a significant role in shaping carpenter wages.

Executive Summary

  • Average Salary: $50,130 per year.
  • Growth Trend: Salaries have shifted 15.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,450.
  • Outlook: With a total local workforce of 210 Carpenters and a Location Quotient of 0.96, the job market in Owensboro, KY, indicates a stable but not exceptionally concentrated demand for this trade. The number of jobs per 1,000 workers at 4.34 suggests a consistent presence of carpentry roles, reflecting a steady need within the local economy without an overwhelming surplus or scarcity of professionals.
2024 Market Data

Salary Overview

$50,130

The average Carpenters in Owensboro, KY earns-21.7%below the national average.

BreakdownBased on 40h/week
Hourly

$24.1

Weekly

$964

Monthly

$4,178

Carpenters Salary Distribution in Owensboro, KY

Carpenter salaries in Owensboro, KY, 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 between junior and senior roles highlight the career progression opportunities and the value placed on accumulated expertise and demonstrated proficiency in the trade.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$33,600$16.2
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$37,598$18.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$48,570$23.4
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$62,663$30.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$63,450$30.5

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$50,130

Gross Pay

Real Wage (Purchasing Power)

$50,130

Adjusted for COL (100)

The average annual salary for Carpenters in Owensboro, KY, stands at $50,130, which aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a carpenter's salary in Owensboro is equivalent to the national average, offering a balanced financial standing relative to the cost of goods and services.

Job Market Context

210

Total Jobs

4.34

Per 1K Jobs

0.96

Location Quotient

Below Average

Owensboro, KY has 0.96x 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 0.96 for Carpenters in Owensboro, KY, indicates that the concentration of this profession is very close to the national average. This suggests a competitive yet accessible job market, where the number of carpenters is neither disproportionately high nor low compared to other occupations nationwide, offering a balanced environment for both job seekers and employers.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Owensboro, KY

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Owensboro, KY?

The median annual salary for a Carpenters in Owensboro, KY is $50,130. This typically ranges from $33,600 for entry-level positions to $63,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Owensboro, KY is 21.7% lower than the national median of $64,010.

Is Owensboro, KY a lucrative place for Carpenters?

No, but it offers balanced living.While the average salary of $50,130 is below the national average, the Cost of Living Index of 100 means your earnings have equivalent purchasing power. The market is stable with consistent demand.

Is Owensboro, KY a good place to live for Carpenters?

The Cost of Living Index in Owensboro, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Owensboro, KY?

Some top paying nearby cities include Evansville, IN ($59,820) and Bowling Green, KY.

How does the Owensboro Carpenter salary compare to the national average?

The average Carpenter salary in Owensboro, KY is $50,130, which is lower than the national average of $64,010.

What is the job market like for Carpenters in Owensboro, KY?

The job market is stable, with a total local workforce of 210 Carpenters and a Location Quotient of 0.96, indicating a concentration close to the national average.

Does the cost of living in Owensboro affect the Carpenter salary?

No, the Cost of Living Index in Owensboro is 100, which is the national average, meaning the $50,130 salary has average purchasing power.

Are there many carpentry jobs in Owensboro relative to other areas?

With 4.34 jobs per 1,000 workers, the number of carpentry jobs is consistent with national averages, suggesting steady demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Owensboro, KY area with a job density of 4.34 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.