The annual salary statistics of cabinetmakers and bench carpenters in Fort Collins-Loveland, Colorado is shown in Table 1. The wage data of cabinetmakers and bench carpenters in Fort Collins-Loveland is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $30,840 |
| 25th Percentile Wage | $37,440 |
| 50th Percentile Wage | $41,670 |
| 75th Percentile Wage | $47,930 |
| 90th Percentile Wage | $54,380 |
Table 1 shows the average annual salary for cabinetmakers and bench carpenters in Fort Collins-Loveland, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $54,380. The median (50th percentile) annual salary is $41,670. The average annual salary for the bottom 10 percent earners is $30,840.
The table and chart below show the trend of the median salary of cabinetmakers and bench carpenters from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $41,670 | 9.00% | 40.27% |
| 2021 | $37,920 | -2.19% | - |
| 2020 | $38,750 | 8.95% | - |
| 2019 | $35,280 | 10.52% | - |
| 2018 | $31,570 | -3.48% | - |
| 2017 | $32,670 | -1.16% | - |
| 2016 | $33,050 | -1.91% | - |
| 2015 | $33,680 | 17.22% | - |
| 2014 | $27,880 | -4.84% | - |
| 2013 | $29,230 | 14.85% | - |
| 2012 | $24,890 | - | - |
From Table 3 we note that the median annual salary of $41,670 in Fort Collins-Loveland is in the middle of salary range for cabinetmakers and bench carpenters in state of Colorado. In comparison, the annual salary of cabinetmakers and bench carpenters in Fort Collins-Loveland is 16.8 percent (16.8%) lower than that in the highest paying Boulder and 40.8 percent (40.8%) higher than that in the lowest paying Pueblo.
| Cities/Areas | Median Annual Salary |
|---|---|
| Boulder | |
| Denver-Aurora-Broomfield | |
| Northcentral Colorado nonmetropolitan area | |
| Greeley | |
| West Colorado nonmetropolitan area | |
| Colorado Springs | |
| Fort Collins-Loveland | |
| Grand Junction | |
| East and South Colorado nonmetropolitan area | |
| Pueblo |