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Average Carpenters Salary in Richmond, VA

Carpenters in Richmond, VA, earn an average annual salary of $51,780. This figure is notably below the national average of $64,010, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation within the region.

Executive Summary

  • Average Salary: $51,780 per year.
  • Growth Trend: Salaries have shifted 11.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $66,440.
  • Outlook: With a local workforce of 2,910 Carpenters and a Location Quotient of 0.99, Richmond's market for this trade is closely aligned with the national average in terms of concentration. The presence of 4.464 jobs per 1,000 workers indicates a stable, albeit not exceptionally high, demand for carpentry services, suggesting a robust but not rapidly expanding job market.
2024 Market Data

Salary Overview

$51,780

The average Carpenters in Richmond, VA earns-19.1%below the national average.

BreakdownBased on 40h/week
Hourly

$24.9

Weekly

$996

Monthly

$4,315

Carpenters Salary Distribution in Richmond, VA

Salary progression for Carpenters in Richmond, VA, typically scales with experience. Entry-level positions might 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, often reaching into the upper percentiles of the $51,780 average.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$36,890$17.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$38,835$18.7
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$49,620$23.9
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$64,725$31.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$66,440$31.9

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$51,780

Gross Pay

Real Wage (Purchasing Power)

$51,780

Adjusted for COL (100)

The average Carpenter salary of $51,780 in Richmond, VA, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Carpenter's income in Richmond is equivalent to the national average, making the nominal salary's value directly comparable to that of other regions.

Job Market Context

2,910

Total Jobs

4.464

Per 1K Jobs

0.99

Location Quotient

Below Average

Richmond, VA has 0.99x 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 0.99 indicates that the concentration of Carpenters in Richmond, VA, is almost identical to the national average. This suggests a balanced job market where the supply of carpenters is neither significantly higher nor lower than the national proportion, implying a competitive but accessible employment landscape.

Nearby Job Markets

Nearby Cities for Carpenters

CitySalaryDist.
Southside Virginia nonmetropolitan area Carpenters Salary$49,100↓ 5%41 mi
Northern West Virginia nonmetropolitan area Carpenters Salary$45,670↓ 12%41 mi
Southwest Virginia nonmetropolitan area Carpenters Salary$45,340↓ 12%41 mi
Northwest Virginia nonmetropolitan area Carpenters Salary$49,420↓ 5%41 mi
Southern West Virginia nonmetropolitan area Carpenters Salary$46,140↓ 11%41 mi

Comparing salaries near Richmond, VA

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Frequently Asked Questions

How much does a Carpenters make in Richmond, VA?

The median annual salary for a Carpenters in Richmond, VA is $51,780. This typically ranges from $36,890 for entry-level positions to $66,440 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 19.1% lower than the national median of $64,010.

Is Richmond, VA a lucrative place for Carpenters?

No, not exceptionally lucrative compared to the national average.Carpenters in Richmond, VA, earn approximately $12,230 less than the national average. However, the cost of living is also at the national average, meaning the take-home pay has equivalent purchasing power.

Is Richmond, VA a good place to live for Carpenters?

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

Where are the highest paying cities near Richmond, VA?

Some top paying nearby cities include Southside Virginia nonmetropolitan area ($49,100) and Northern West Virginia nonmetropolitan area.

How does Richmond's Carpenter salary compare to the national average?

The average Carpenter salary in Richmond, VA, is $51,780, which is below the national average of $64,010.

What is the cost of living in Richmond, VA for Carpenters?

Richmond, VA, has a cost of living index of 100, which is exactly the national average. This means your salary's purchasing power is standard.

How concentrated is the Carpenter job market in Richmond, VA?

The Carpenter job market in Richmond, VA, is very close to the national average, with a Location Quotient of 0.99, indicating a balanced supply and demand.

What is the total number of Carpenters employed in Richmond, VA?

There are approximately 2,910 Carpenters employed in Richmond, VA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,910 employees in the Richmond, VA area with a job density of 4.464 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Richmond, VA