Average Carpenters Salary in Peoria, IL
Carpenters in Peoria, IL, command an impressive average annual salary of $75,920, significantly outpacing the national average of $64,010. This elevated compensation is likely driven by a localized demand for skilled carpentry professionals and the specific economic conditions within the Peoria metropolitan area.
Executive Summary
- Average Salary: $75,920 per year.
- Growth Trend: Salaries have shifted 15.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,350.
- Outlook: Peoria boasts a robust job market for Carpenters, evidenced by a total local workforce of 860 individuals. The Location Quotient of 1.15 indicates a higher concentration of carpentry jobs in Peoria compared to the national average, suggesting a healthy and sustained demand for these skilled tradespeople.
Salary Overview
The average Carpenters in Peoria, IL earns+18.6%above the national average.
$36.5
$1,460
$6,327
Carpenters Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that carpentry salaries in Peoria have experienced steady growth over the past four years, mirroring national trends of increasing wages in skilled trades. This upward trajectory is often fueled by infrastructure development, construction projects, and a consistent need for renovation and repair services.
Carpenters Salary Distribution in Peoria, IL
The salary range for Carpenters in Peoria, IL, typically widens with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive portfolios and specialized skills can command salaries in the higher percentiles. This progression signifies clear career advancement opportunities within the carpentry field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $45,160 | $21.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $56,940 | $27.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $77,980 | $37.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $94,900 | $45.6 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $105,350 | $50.6 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$75,920
Gross Pay
Real Wage (Purchasing Power)
$75,920
Adjusted for COL (100)
With an average annual salary of $75,920 and a Cost of Living Index of 100 (matching the national average), Carpenters in Peoria experience strong purchasing power. The nominal salary effectively translates to a comfortable standard of living, as expenses are in line with what is observed across the country.
Job Market Context
860
Total Jobs
5.183
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Peoria, IL has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.
The Location Quotient of 1.15 for Carpenters in Peoria signifies a market where this profession is more concentrated than the national average. This suggests a competitive environment, but also indicates a strong presence and demand for carpentry services within the local economy, offering ample opportunities for skilled workers.
Nearby Job Markets
Nearby Cities for Carpenters
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Carpenters Salary | $70,060↓ 8% | 39 mi |
| West Central Illinois nonmetropolitan area Carpenters Salary | $61,860↓ 19% | 43 mi |
| East Central Illinois nonmetropolitan area Carpenters Salary | $66,130↓ 13% | 43 mi |
| Northwest Illinois nonmetropolitan area Carpenters Salary | $66,770↓ 12% | 43 mi |
| South Illinois nonmetropolitan area Carpenters Salary | $69,280↓ 9% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Carpenterss?
Frequently Asked Questions
How much does a Carpenters make in Peoria, IL?
The median annual salary for a Carpenters in Peoria, IL is $75,920. This typically ranges from $45,160 for entry-level positions to $105,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 18.6% higher than the national median of $64,010.
Is Peoria, IL a lucrative place for Carpenters?
Yes, Peoria, IL is a lucrative place for Carpenters.Carpenters in Peoria earn substantially more than the national average, and with a cost of living at the national average, their purchasing power is strong.
Is Peoria, IL a good place to live for Carpenters?
The Cost of Living Index in Peoria, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Peoria, IL?
Some top paying nearby cities include Bloomington, IL ($70,060) and West Central Illinois nonmetropolitan area.
How does the Peoria Carpenter salary compare to the national average?
Carpenters in Peoria earn an average of $75,920 annually, which is over $11,000 more than the national average of $64,010.
What is the concentration of Carpenters in Peoria, IL?
Peoria has a higher concentration of Carpenters than the national average, with a Location Quotient of 1.15, indicating a robust local job market for this trade.
Does the cost of living in Peoria affect Carpenter salaries?
No, the cost of living in Peoria is at the national average (100), meaning the higher salary offers excellent purchasing power without the burden of increased living expenses.
How many Carpenters are employed in Peoria, IL?
There are approximately 860 Carpenters employed in the Peoria, IL area, reflecting a significant local workforce in this trade.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 860 employees in the Peoria, IL area with a job density of 5.183 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Carpenters Salaries by State
Top Jobs in Peoria, IL
- All Occupations Salary in Peoria, IL
- Office and Administrative Support Occupations Salary in Peoria, IL
- Production Occupations Salary in Peoria, IL
- Food Preparation and Serving Related Occupations Salary in Peoria, IL
- Transportation and Material Moving Occupations Salary in Peoria, IL
- Healthcare Practitioners and Technical Occupations Salary in Peoria, IL
- Sales and Related Occupations Salary in Peoria, IL
- Management Occupations Salary in Peoria, IL
- Educational Instruction and Library Occupations Salary in Peoria, IL
- Business and Financial Operations Occupations Salary in Peoria, IL
- Browse All Jobs in Peoria, IL →
Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Peoria, IL