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Average Carpenters Salary in Raleigh-Cary, NC

Carpenters in Raleigh-Cary, NC, earn an average annual salary of $48,730. This figure is notably below the national average of $64,010, indicating a localized pay structure influenced by regional economic factors and demand within the North Carolina market. The specific economic landscape of Raleigh-Cary shapes compensation for skilled trades like carpentry.

Executive Summary

  • Average Salary: $48,730 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $65,620.
  • Outlook: With a local workforce of 2,410 Carpenters, Raleigh-Cary presents a moderately sized labor pool. The Location Quotient of 0.74 suggests that while carpentry is present, it is slightly less concentrated than the national average, implying a stable but not exceptionally high demand relative to other professions in the area. The presence of 3.327 jobs per 1,000 workers further supports a consistent, albeit not booming, job market for this trade.
2024 Market Data

Salary Overview

$48,730

The average Carpenters in Raleigh-Cary, NC earns-23.9%below the national average.

BreakdownBased on 40h/week
Hourly

$23.4

Weekly

$937

Monthly

$4,061

Carpenters Salary Distribution in Raleigh-Cary, NC

Salary progression for Carpenters in Raleigh-Cary, NC, typically scales with experience. Entry-level positions may start significantly below the average, while seasoned professionals with specialized skills and a proven track record can command salaries well above $48,730. The percentile gaps in earnings clearly signify career progression, with senior Carpenters often earning 20-30% more than their junior counterparts.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$24,490$11.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$36,548$17.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$49,520$23.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$60,913$29.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$65,620$31.5

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$48,730

Gross Pay

Real Wage (Purchasing Power)

$48,730

Adjusted for COL (100)

The average Carpenter salary of $48,730 in Raleigh-Cary, NC, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that income is comparable to the national standard, making the effective financial standing relatively balanced.

Job Market Context

2,410

Total Jobs

3.327

Per 1K Jobs

0.74

Location Quotient

Below Average

Raleigh-Cary, NC has 0.74x 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 0.74 for Carpenters in Raleigh-Cary indicates that the profession is slightly underrepresented compared to the national average. This suggests that while there is a solid base of employment, the market may not be saturated, potentially offering opportunities for skilled individuals, but also implying that the demand might not be exceptionally robust compared to areas with a higher concentration.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Raleigh-Cary, NC

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Frequently Asked Questions

How much does a Carpenters make in Raleigh-Cary, NC?

The median annual salary for a Carpenters in Raleigh-Cary, NC is $48,730. This typically ranges from $24,490 for entry-level positions to $65,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 23.9% lower than the national median of $64,010.

Is Raleigh-Cary, NC a lucrative place for Carpenters?

No, not exceptionally lucrative compared to the national average.The average salary of $48,730 is significantly lower than the national average of $64,010. However, the cost of living is at the national average, meaning purchasing power is comparable.

Is Raleigh-Cary, NC a good place to live for Carpenters?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($49,990) and Rocky Mount, NC.

How does experience affect a Carpenter's salary in Raleigh-Cary?

Experience is a key driver of salary. Entry-level Carpenters earn less than the average, while senior Carpenters with specialized skills can earn considerably more, reflecting career progression and expertise.

What is the job market like for Carpenters in Raleigh-Cary?

The job market is stable with a workforce of 2,410. The Location Quotient of 0.74 suggests moderate demand, not overly competitive but with consistent opportunities.

How does Raleigh-Cary's cost of living compare nationally?

Raleigh-Cary's cost of living is exactly at the national average, indexed at 100. This means your dollar has the same purchasing power as it does nationally.

Is the number of Carpenters in Raleigh-Cary high or low?

With 3.327 jobs per 1,000 workers and a Location Quotient below 1.0, the concentration of Carpenters is slightly lower than the national average, indicating a balanced labor market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,410 employees in the Raleigh-Cary, NC area with a job density of 3.327 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.