The annual salary statistics of carpenters in Michigan City-La Porte, Indiana is shown in Table 1. The wage statistics of carpenters in Michigan City-La Porte 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 | $37,620 |
| 25th Percentile Wage | $48,250 |
| 50th Percentile Wage | $60,840 |
| 75th Percentile Wage | $76,460 |
| 90th Percentile Wage | $84,680 |
Table 1 shows the average annual salary for carpenters in Michigan City-La Porte, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $84,680. The median (50th percentile) annual salary is $60,840. The average annual salary for the bottom 10 percent earners is $37,620.
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 | $60,840 | 21.75% | 9.73% |
| 2021 | $47,610 | -7.69% | - |
| 2020 | $51,270 | 23.87% | - |
| 2019 | $39,030 | -30.18% | - |
| 2018 | $50,810 | 5.45% | - |
| 2017 | $48,040 | 0.00% | - |
| 2016 | $48,040 | -10.66% | - |
| 2015 | $53,160 | 0.02% | - |
| 2014 | $53,150 | -0.56% | - |
| 2013 | $53,450 | -2.75% | - |
| 2012 | $54,920 | - | - |
From Table 3 we note that with a median annual salary of $60,840, Michigan City-La Porte is the highest paying city for carpenters in state of Indiana, followed by Elkhart-Goshen (median annual salary $57,580). In comparison, the median annual salary of carpenters in Michigan City-La Porte is 5.4 percent (5.4%) higher than that in Elkhart-Goshen.
| Cities/Areas | Median Annual Salary |
|---|---|
| Michigan City-La Porte | |
| Elkhart-Goshen | |
| Indianapolis-Carmel | |
| Columbus | |
| Bloomington | |
| Fort Wayne | |
| Muncie | |
| Gary | |
| Lafayette-West Lafayette | |
| Terre Haute | |
| Kokomo | |
| Southern Indiana nonmetropolitan area | |
| Central Indiana nonmetropolitan area | |
| Lafayette | |
| Northern Indiana nonmetropolitan area | |
| Anderson |