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Average Carpenters Salary in Prescott Valley-Prescott, AZ

Carpenters in Prescott Valley-Prescott, AZ, can expect an average annual salary of $55,800. This figure is notably below the national average of $64,010. Local economic factors and the specific demand within the Prescott Valley-Prescott construction sector likely contribute to this pay differential.

Executive Summary

  • Average Salary: $55,800 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $75,390.
  • Outlook: The carpenter job market in Prescott Valley-Prescott, AZ, shows a healthy concentration, indicated by a Location Quotient of 1.3, suggesting a demand for these professionals that exceeds the national average. With a local workforce of 420 carpenters, the area supports a significant number of these skilled tradespeople, pointing to a stable and potentially growing job market.
2024 Market Data

Salary Overview

$55,800

The average Carpenters in Prescott Valley-Prescott, AZ earns-12.8%below the national average.

BreakdownBased on 40h/week
Hourly

$26.8

Weekly

$1,073

Monthly

$4,650

Carpenters Salary Distribution in Prescott Valley-Prescott, AZ

Carpenter salaries in Prescott Valley-Prescott, AZ, naturally scale with experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles signifies clear career progression and earning potential within the trade.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$38,080$18.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$41,850$20.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$51,600$24.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$69,750$33.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$75,390$36.2

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$55,800

Gross Pay

Real Wage (Purchasing Power)

$55,800

Adjusted for COL (100)

The average carpenter salary of $55,800 in Prescott Valley-Prescott, AZ, aligns precisely with the national average cost of living (100 index). This means that the purchasing power of a carpenter's income in this area is comparable to the national average, making the nominal salary effectively translate to the cost of goods and services locally.

Job Market Context

420

Total Jobs

5.898

Per 1K Jobs

1.3

Location Quotient

Above Average

With a location quotient of 1.30, Prescott Valley-Prescott, AZ has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.

With a Location Quotient of 1.3, Prescott Valley-Prescott, AZ, demonstrates a higher concentration of carpenters than the national average. This suggests that the demand for carpentry services is robust within the region, potentially making the job market competitive for employers seeking talent but offering good opportunities for skilled carpenters looking for work.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Prescott Valley-Prescott, AZ

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Prescott Valley-Prescott, AZ?

The median annual salary for a Carpenters in Prescott Valley-Prescott, AZ is $55,800. This typically ranges from $38,080 for entry-level positions to $75,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Prescott Valley-Prescott, AZ is 12.8% lower than the national median of $64,010.

Is Prescott Valley-Prescott, AZ a lucrative place for Carpenters?

No, not compared to the national average.While the cost of living is average, the $55,800 average salary for carpenters is significantly lower than the national average of $64,010, indicating less lucrative earning potential locally.

Is Prescott Valley-Prescott, AZ a good place to live for Carpenters?

The Cost of Living Index in Prescott Valley-Prescott, AZ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Prescott Valley-Prescott, AZ?

Some top paying nearby cities include Flagstaff, AZ ($57,310) and Phoenix-Mesa-Chandler, AZ.

How does the local carpenter salary compare to the national average?

The average annual salary for carpenters in Prescott Valley-Prescott, AZ, is $55,800, which is below the national average of $64,010.

What is the concentration of carpenters in Prescott Valley-Prescott, AZ?

The Location Quotient for carpenters in this area is 1.3, meaning the concentration of these jobs is 30% higher than the national average.

How does the cost of living affect the carpenter's salary in Prescott Valley-Prescott, AZ?

The cost of living in Prescott Valley-Prescott, AZ, is exactly at the national average (100 index), so the $55,800 salary has average purchasing power locally.

What is the total number of carpenters employed in Prescott Valley-Prescott, AZ?

There are approximately 420 carpenters employed in the Prescott Valley-Prescott, AZ area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Prescott Valley-Prescott, AZ area with a job density of 5.898 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.