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Average Carpenters Salary in Southern Indiana nonmetropolitan area

Carpenters in Southern Indiana's nonmetropolitan areas can expect an average annual salary of $55,430. This figure is notably below the national average of $64,010, reflecting the unique economic landscape and demand specific to this region. Factors such as local construction project volume and the availability of skilled labor contribute to this pay differential.

Executive Summary

  • Average Salary: $55,430 per year.
  • Growth Trend: Salaries have shifted 26.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,990.
  • Outlook: The carpenter job market in Southern Indiana's nonmetropolitan areas appears stable, with a total local workforce of 840 individuals. A Location Quotient of 0.95 suggests that the concentration of carpenters is nearly on par with the national average, indicating a steady but not exceptionally high demand relative to other professions in the area.
2024 Market Data

Salary Overview

$55,430

The average Carpenters in Southern Indiana nonmetropolitan area earns-13.4%below the national average.

BreakdownBased on 40h/week
Hourly

$26.7

Weekly

$1,066

Monthly

$4,619

Carpenters Salary Distribution in Southern Indiana nonmetropolitan area

Carpenter salaries are intrinsically linked to experience and skill level. Entry-level positions typically command lower wages, while seasoned professionals with specialized skills and a proven track record can earn significantly more. The percentile gaps in salary distribution highlight clear career progression pathways, rewarding increased expertise and responsibility within the carpentry trade.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,880$18.2
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$41,573$20
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$51,920$25
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$69,288$33.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$74,990$36.1

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$55,430

Gross Pay

Real Wage (Purchasing Power)

$55,430

Adjusted for COL (100)

With an average annual salary of $55,430 and a Cost of Living Index of 100, carpenters in Southern Indiana's nonmetropolitan areas find their nominal earnings align precisely with the national average cost of living. This means that while the salary is below the national average, the purchasing power of that income is equivalent to the national standard.

Job Market Context

840

Total Jobs

4.289

Per 1K Jobs

0.95

Location Quotient

Below Average

Southern Indiana nonmetropolitan area has 0.95x 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 0.95 indicates that carpenters are slightly less concentrated in Southern Indiana's nonmetropolitan areas compared to the national average. This suggests a balanced job market where demand is present but not overwhelmingly high, offering a competitive environment for skilled tradespeople seeking employment.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Southern Indiana nonmetropolitan area

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Southern Indiana nonmetropolitan area?

The median annual salary for a Carpenters in Southern Indiana nonmetropolitan area is $55,430. This typically ranges from $37,880 for entry-level positions to $74,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Indiana nonmetropolitan area is 13.4% lower than the national median of $64,010.

Is Southern Indiana nonmetropolitan area a lucrative place for Carpenterss?

No, not exceptionally lucrative compared to national averages.While the average salary of $55,430 is stable, it falls below the national average of $64,010. However, the cost of living is also at the national average, meaning purchasing power is maintained.

Is Southern Indiana nonmetropolitan area a good place to live for Carpenters?

The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southern Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($62,540) and Kokomo, IN.

How does the number of local carpenters compare to the national average?

The total local workforce of 840 carpenters and a Location Quotient of 0.95 indicate that the concentration of carpenters in Southern Indiana's nonmetropolitan areas is very close to the national average, suggesting a similar level of industry presence.

What is the job availability like for carpenters in this region?

With 4.289 jobs per 1,000 workers, the availability of carpenter positions in Southern Indiana's nonmetropolitan areas is moderate, reflecting a consistent need for these skilled professionals within the local economy.

Does experience significantly impact a carpenter's salary in Southern Indiana?

Yes, experience is a key driver of salary increases for carpenters. Senior carpenters with specialized skills and a robust portfolio typically earn substantially more than those just starting in the field.

How does the cost of living affect the carpenter's salary in Southern Indiana?

The Cost of Living Index is 100, which is the national average. This means that the $55,430 average salary in Southern Indiana offers purchasing power equivalent to the national average, despite being lower than the national salary average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 840 employees in the Southern Indiana nonmetropolitan area area with a job density of 4.289 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.