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Average Carpenters Salary in Terre Haute, IN

In Terre Haute, Indiana, Carpenters can expect an average annual salary of $58,140. This figure is slightly below the national average of $64,010, a common occurrence in areas where the cost of living aligns closely with the national benchmark. Local economic factors and the specific demand within the Terre Haute construction sector influence this compensation.

Executive Summary

  • Average Salary: $58,140 per year.
  • Growth Trend: Salaries have shifted 28.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $83,870.
  • Outlook: The carpenter job market in Terre Haute, IN, shows a stable presence with a total local workforce of 290 individuals. The Location Quotient of 0.99 indicates that the concentration of carpenters in Terre Haute is nearly on par with the national average, suggesting a consistent, albeit not exceptionally high, demand for their skills within the local economy.
2024 Market Data

Salary Overview

$58,140

The average Carpenters in Terre Haute, IN earns-9.2%below the national average.

BreakdownBased on 40h/week
Hourly

$28

Weekly

$1,118

Monthly

$4,845

Carpenters Salary Distribution in Terre Haute, IN

Carpenter salaries in Terre Haute, IN, naturally scale with experience. Entry-level positions will command lower wages, while seasoned professionals with specialized skills and a proven track record can significantly exceed the average. The progression from apprentice to journeyman to master carpenter represents a clear career path with corresponding increases in earning potential, reflected in the salary distribution across different experience levels.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,850$18.2
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$43,605$21
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$55,250$26.6
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$72,675$34.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$83,870$40.3

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$58,140

Gross Pay

Real Wage (Purchasing Power)

$58,140

Adjusted for COL (100)

With an average annual salary of $58,140 and a Cost of Living Index of 100, the nominal income in Terre Haute, IN, effectively translates to purchasing power that is right in line with the national average. This means that the $58,140 earned by a carpenter in Terre Haute will afford a lifestyle comparable to someone earning the national average salary in a location with a national average cost of living.

Job Market Context

290

Total Jobs

4.464

Per 1K Jobs

0.99

Location Quotient

Below Average

Terre Haute, IN 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.

The Location Quotient of 0.99 for carpenters in Terre Haute, IN, signifies a job market that is closely aligned with national employment patterns for this trade. This suggests a balanced supply and demand dynamic, where the number of carpenters available is proportionate to the opportunities present, indicating a moderately competitive but stable employment landscape for skilled professionals.

Nearby Job Markets

Nearby Cities for Carpenters

Comparing salaries near Terre Haute, IN

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Terre Haute, IN?

The median annual salary for a Carpenters in Terre Haute, IN is $58,140. This typically ranges from $37,850 for entry-level positions to $83,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Terre Haute, IN is 9.2% lower than the national median of $64,010.

Is Terre Haute, IN a lucrative place for Carpenters?

No, not exceptionally lucrative compared to the national average.Carpenters in Terre Haute earn $58,140 annually, which is below the national average of $64,010. However, the cost of living is also at the national average, meaning purchasing power is comparable.

Is Terre Haute, IN a good place to live for Carpenters?

The Cost of Living Index in Terre Haute, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Terre Haute, IN?

Some top paying nearby cities include Bloomington, IN ($59,410) and Northern Indiana nonmetropolitan area.

How does Terre Haute's carpenter salary compare to the national average?

The average annual salary for a carpenter in Terre Haute, IN is $58,140, which is slightly lower than the national average of $64,010.

What is the cost of living in Terre Haute, IN?

Terre Haute, IN has a Cost of Living Index of 100, which is exactly the national average.

How concentrated is the carpenter workforce in Terre Haute?

The carpenter workforce in Terre Haute has a Location Quotient of 0.99, indicating a concentration very close to the national average.

Are there many carpenter jobs per worker in Terre Haute?

There are approximately 4.464 carpenter jobs per 1,000 workers in Terre Haute, IN, reflecting a steady demand for the trade.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Terre Haute, IN area with a job density of 4.464 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.