Average Carpenters Salary in Waco, TX
Carpenters in Waco, TX, can expect an average annual salary of $45,790. This figure is notably lower than the national average of $64,010, indicating a localized pay scale influenced by regional economic factors and demand within the Waco area. The specific economic landscape and the concentration of construction projects in Waco directly impact the earning potential for skilled tradespeople.
Executive Summary
- Average Salary: $45,790 per year.
- Growth Trend: Salaries have shifted 18.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,710.
- Outlook: The carpenter job market in Waco, TX, is characterized by a local workforce of 410 professionals. With a Location Quotient of 0.7, the concentration of carpenters is slightly below the national average, suggesting a stable but not exceptionally high demand relative to other professions. The presence of 3.178 jobs per 1,000 workers indicates a consistent need for carpentry services within the community.
Salary Overview
The average Carpenters in Waco, TX earns-28.5%below the national average.
$22
$881
$3,816
Carpenters Salary Trends (2020-2024)
While specific historical data for Waco's carpenter salaries over the past four years is not provided, it is generally assumed that wages for skilled trades like carpentry have seen incremental growth nationally and in most local markets. This growth is typically driven by inflation, increased demand for housing and infrastructure, and the ongoing need for skilled labor in the construction sector.
Carpenters Salary Distribution in Waco, TX
The salary trajectory for carpenters in Waco, TX, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive portfolios and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior carpenter salaries signifies clear opportunities for career advancement and increased earning potential through skill development and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $33,180 | $16 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $34,343 | $16.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $44,800 | $21.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $57,238 | $27.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $58,710 | $28.2 |
Detailed Carpenters Market Analysis
Relocation Context
Nominal Salary
$45,790
Gross Pay
Real Wage (Purchasing Power)
$45,790
Adjusted for COL (100)
The average carpenter salary in Waco, TX, stands at $45,790, which aligns perfectly 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 in Waco is equivalent to the national average. Therefore, the salary offers a standard lifestyle relative to the cost of goods and services in the area.
Job Market Context
410
Total Jobs
3.178
Per 1K Jobs
0.7
Location Quotient
Waco, TX has 0.70x 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.
With a Location Quotient of 0.7, Waco, TX, has a slightly lower concentration of carpenters compared to the national average. This suggests that the job market for carpenters in Waco is not oversaturated, potentially offering a balanced environment for job seekers. While not a high-demand hotspot, the market is stable, with consistent opportunities available for skilled professionals.
Nearby Job Markets
Nearby Cities for Carpenters
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Carpenters Salary | $44,210↓ 3% | 41 mi |
| Northwestern Region of Texas nonmetropolitan area Carpenters Salary | $49,290↑ 8% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Carpenters Salary | $43,080↓ 6% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Carpenters Salary | $49,160↑ 7% | 41 mi |
| Eastern Region of Texas nonmetropolitan area Carpenters Salary | $43,720↓ 5% | 41 mi |
Comparing salaries near Waco, TX
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Frequently Asked Questions
How much does a Carpenters make in Waco, TX?
The median annual salary for a Carpenters in Waco, TX is $45,790. This typically ranges from $33,180 for entry-level positions to $58,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 28.5% lower than the national median of $64,010.
Is Waco, TX a lucrative place for Carpenters?
No, not exceptionally lucrative compared to the national average.Carpenters in Waco, TX, earn an average of $45,790 annually, which is significantly below the national average. However, the cost of living is also at the national average, meaning the lower salary offers equivalent purchasing power locally.
Is Waco, TX a good place to live for Carpenters?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($44,210) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's carpenter salary compare to the national average?
The average annual salary for carpenters in Waco, TX, is $45,790, which is considerably lower than the national average of $64,010.
What is the Cost of Living in Waco, TX for carpenters?
Waco, TX, has a Cost of Living Index of 100, which is exactly the national average. This means the cost of goods and services is comparable to the rest of the United States.
Is there high demand for carpenters in Waco, TX?
The Location Quotient of 0.7 suggests a slightly lower concentration of carpenters than the national average, indicating a stable but not exceptionally high demand.
What is the total number of carpenters in Waco, TX?
There are approximately 410 carpenters employed in the Waco, TX area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Waco, TX area with a job density of 3.178 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Waco, TX