SalaryNode

Average Carpenters Salary in Waterloo-Cedar Falls, IA

Carpenters in the Waterloo-Cedar Falls, IA area earn an average annual salary of $55,550. This figure is notably below the national average of $64,010. Local economic factors, including industry demand and the specific construction landscape within the region, likely contribute to this pay differential.

Executive Summary

  • Average Salary: $55,550 per year.
  • Growth Trend: Salaries have shifted 23.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $79,500.
  • Outlook: With a local workforce of 310 Carpenters and a Location Quotient of 0.79, the job market in Waterloo-Cedar Falls indicates a slightly lower concentration of these professionals compared to the national average. While not a major hub for carpentry jobs, the presence of a dedicated workforce suggests consistent, albeit moderate, demand within the local economy.
2024 Market Data

Salary Overview

$55,550

The average Carpenters in Waterloo-Cedar Falls, IA earns-13.2%below the national average.

BreakdownBased on 40h/week
Hourly

$26.7

Weekly

$1,068

Monthly

$4,629

Carpenters Salary Distribution in Waterloo-Cedar Falls, IA

Salary progression for Carpenters in Waterloo-Cedar Falls typically scales with experience. Entry-level positions may 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. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$38,000$18.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$41,663$20
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$53,130$25.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$69,438$33.4
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$79,500$38.2

Detailed Carpenters Market Analysis

Relocation Context

Nominal Salary

$55,550

Gross Pay

Real Wage (Purchasing Power)

$55,550

Adjusted for COL (100)

The average Carpenter salary of $55,550 in Waterloo-Cedar Falls aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial environment for those relocating or residing in the area.

Job Market Context

310

Total Jobs

3.582

Per 1K Jobs

0.79

Location Quotient

Below Average

Waterloo-Cedar Falls, IA has 0.79x 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 0.79 suggests that Carpenters are slightly less concentrated in Waterloo-Cedar Falls than the national average. This indicates a market that is neither oversaturated nor experiencing a severe shortage of skilled carpentry professionals, implying a balanced competitive landscape for job seekers.

Nearby Job Markets

Nearby Cities for Carpenters

CitySalaryDist.
Cedar Rapids, IA Carpenters Salary$56,210↑ 1%50 mi
Southeast Iowa nonmetropolitan area Carpenters Salary$51,910↓ 7%55 mi
Northwest Iowa nonmetropolitan area Carpenters Salary$50,670↓ 9%55 mi
Northeast Iowa nonmetropolitan area Carpenters Salary$52,020↓ 6%55 mi
Southwest Iowa nonmetropolitan area Carpenters Salary$49,660↓ 11%55 mi

Comparing salaries near Waterloo-Cedar Falls, IA

Hiring Carpenterss?

Frequently Asked Questions

How much does a Carpenters make in Waterloo-Cedar Falls, IA?

The median annual salary for a Carpenters in Waterloo-Cedar Falls, IA is $55,550. This typically ranges from $38,000 for entry-level positions to $79,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterloo-Cedar Falls, IA is 13.2% lower than the national median of $64,010.

Is Waterloo-Cedar Falls, IA a lucrative place for Carpenters?

No, not exceptionally lucrative compared to the national average.The average salary of $55,550 is below the national average of $64,010, although the cost of living is on par with the national average.

Is Waterloo-Cedar Falls, IA a good place to live for Carpenters?

The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterloo-Cedar Falls, IA?

Some top paying nearby cities include Cedar Rapids, IA ($56,210) and Southeast Iowa nonmetropolitan area.

What is the average salary for a Carpenter in Waterloo-Cedar Falls, IA?

The average annual salary for a Carpenter in Waterloo-Cedar Falls, IA is $55,550.

How does the Waterloo-Cedar Falls Carpenter salary compare to the national average?

The average salary in Waterloo-Cedar Falls ($55,550) is lower than the national average ($64,010).

What is the Cost of Living Index in Waterloo-Cedar Falls, IA?

The Cost of Living Index in Waterloo-Cedar Falls, IA is 100, which is the same as the national average.

How concentrated are Carpenter jobs in Waterloo-Cedar Falls, IA?

Carpenter jobs are slightly less concentrated in Waterloo-Cedar Falls, IA, with a Location Quotient of 0.79, indicating a slightly lower presence compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Waterloo-Cedar Falls, IA area with a job density of 3.582 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Waterloo-Cedar Falls, IA

Semantic Salary Analysis for Carpenters • Data source: BLS OEWS 2024 •Jobs in Waterloo-Cedar Falls, IA