SalaryNode

Average Carpenters Salary in Southwest Minnesota nonmetropolitan area

Carpenters in the Southwest Minnesota nonmetropolitan area earn an average annual salary of $56,420. This figure is below the national average of $64,010, reflecting regional economic factors and demand specific to this locale. The pay differential is often influenced by the cost of doing business and the specific industry needs within the nonmetropolitan setting.

Executive Summary

  • Average Salary: $56,420 per year.
  • Growth Trend: Salaries have shifted 24.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $85,970.
  • Outlook: The Carpenter job market in Southwest Minnesota is moderately concentrated, with a total local workforce of 700 individuals. The Location Quotient of 1.3 indicates a higher concentration of carpenters compared to the national average, suggesting a stable or potentially growing demand for skilled carpentry professionals in this region. With 5.903 jobs per 1,000 workers, the presence of carpenters is notable within the local labor landscape.
2024 Market Data

Salary Overview

$56,420

The average Carpenters in Southwest Minnesota nonmetropolitan area earns-11.9%below the national average.

BreakdownBased on 40h/week
Hourly

$27.1

Weekly

$1,085

Monthly

$4,702

Carpenters Salary Distribution in Southwest Minnesota nonmetropolitan area

Salary progression for carpenters is typically tied to experience and specialization. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with expertise in areas like framing, finishing, or custom woodworking command higher salaries. The percentile gaps in earnings clearly signify career advancement opportunities, with senior carpenters earning significantly more than their less experienced counterparts.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$39,070$18.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$42,315$20.3
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$48,590$23.4
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$70,525$33.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$85,970$41.3

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$56,420

Gross Pay

Real Wage (Purchasing Power)

$56,420

Adjusted for COL (100)

The average annual salary of $56,420 for carpenters in Southwest Minnesota aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of a carpenter's salary in this region is comparable to the national standard, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.

Job Market Context

700

Total Jobs

5.903

Per 1K Jobs

1.3

Location Quotient

Above Average

With a location quotient of 1.30, Southwest Minnesota nonmetropolitan area has a slightly higher-than-average concentration of Carpenters roles compared to the national norm.

A Location Quotient of 1.3 for carpenters in Southwest Minnesota signifies a job market where this profession is more concentrated than the national average. This suggests a robust local demand for carpentry skills relative to the general workforce, potentially offering more job opportunities and a competitive environment for skilled tradespeople within the region.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Southwest Minnesota nonmetropolitan area

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Southwest Minnesota nonmetropolitan area?

The median annual salary for a Carpenters in Southwest Minnesota nonmetropolitan area is $56,420. This typically ranges from $39,070 for entry-level positions to $85,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Minnesota nonmetropolitan area is 11.9% lower than the national median of $64,010.

Is Southwest Minnesota nonmetropolitan area a lucrative place for Carpenters?

No, it is not exceptionally lucrative compared to the national average.Carpenters in this region earn below the national average salary, although the cost of living is also at the national average, balancing purchasing power.

Is Southwest Minnesota nonmetropolitan area a good place to live for Carpenters?

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

Where are the highest paying cities near Southwest Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($64,460) and Minneapolis-St. Paul-Bloomington, MN-WI.

How does experience affect a Carpenter's salary in Southwest Minnesota?

Experience significantly impacts earnings, with entry-level carpenters earning less and senior carpenters with specialized skills commanding higher wages, reflecting a clear career progression.

Is the demand for Carpenters high in Southwest Minnesota?

The Location Quotient of 1.3 suggests a higher concentration of carpenters than the national average, indicating a healthy and potentially robust demand for their skills in the region.

What is the average salary for a Carpenter in Southwest Minnesota?

The average annual salary for a Carpenter in Southwest Minnesota is $56,420.

How does the cost of living in Southwest Minnesota compare to the national average?

The cost of living in Southwest Minnesota is exactly at the national average, with an index of 100, meaning your salary's purchasing power is comparable to the national standard.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Southwest Minnesota nonmetropolitan area area with a job density of 5.903 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.