The annual salary statistics of carpenters in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage data of carpenters in Waterloo-Cedar Falls 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 | $32,040 |
| 25th Percentile Wage | $38,420 |
| 50th Percentile Wage | $47,320 |
| 75th Percentile Wage | $59,910 |
| 90th Percentile Wage | $70,180 |
Table 1 shows the average annual salary for carpenters in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $70,180. The median (50th percentile) annual salary is $47,320. The average annual salary for the bottom 10 percent earners is $32,040.
The table and chart below show the trend of the median salary of carpenters from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $47,320 | 4.88% | 26.14% |
| 2021 | $45,010 | -1.04% | - |
| 2020 | $45,480 | 3.19% | - |
| 2019 | $44,030 | 12.26% | - |
| 2018 | $38,630 | -0.44% | - |
| 2017 | $38,800 | 4.85% | - |
| 2016 | $36,920 | 3.49% | - |
| 2015 | $35,630 | 7.02% | - |
| 2014 | $33,130 | 0.30% | - |
| 2013 | $33,030 | -5.81% | - |
| 2012 | $34,950 | - | - |
From Table 3 we note that the median annual salary of $47,320 in Waterloo-Cedar Falls is in the middle of salary range for carpenters in state of Iowa. In comparison, the annual salary of carpenters in Waterloo-Cedar Falls is 5.7 percent (5.7%) lower than that in the highest paying Cedar Rapids and 16.9 percent (16.9%) higher than that in the lowest paying Southwest Iowa nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Cedar Rapids | |
| Des Moines-West Des Moines | |
| Davenport-Moline-Rock Island | |
| Dubuque | |
| Southeast Iowa nonmetropolitan area | |
| Ames | |
| Iowa City | |
| Northwest Iowa nonmetropolitan area | |
| Waterloo-Cedar Falls | |
| Northeast Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area |