The annual salary statistics of carpenters in Lexington-Fayette, Kentucky is shown in Table 1. The wage information of carpenters in Lexington-Fayette 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 | $36,210 |
| 25th Percentile Wage | $43,500 |
| 50th Percentile Wage | $49,310 |
| 75th Percentile Wage | $57,250 |
| 90th Percentile Wage | $67,000 |
Table 1 shows the average annual salary for carpenters in Lexington-Fayette, Kentucky in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $67,000. The median (50th percentile) annual salary is $49,310. The average annual salary for the bottom 10 percent earners is $36,210.
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 | $49,310 | 5.01% | 31.07% |
| 2021 | $46,840 | 8.65% | - |
| 2020 | $42,790 | 4.74% | - |
| 2019 | $40,760 | -10.62% | - |
| 2018 | $45,090 | 3.97% | - |
| 2017 | $43,300 | 3.23% | - |
| 2016 | $41,900 | 8.59% | - |
| 2015 | $38,300 | 4.33% | - |
| 2014 | $36,640 | 0.85% | - |
| 2013 | $36,330 | 6.44% | - |
| 2012 | $33,990 | - | - |
From Table 3 we note that the median annual salary of $49,310 in Lexington-Fayette is in the middle of salary range for carpenters in state of Kentucky. In comparison, the annual salary of carpenters in Lexington-Fayette is 11.3 percent (11.3%) lower than that in the highest paying Evansville and 10.8 percent (10.8%) higher than that in the lowest paying Elizabethtown.
| Cities/Areas | Median Annual Salary |
|---|---|
| Evansville | |
| Louisville-Jefferson County | |
| Lexington-Fayette | |
| Owensboro | |
| Bowling Green | |
| West Central Kentucky nonmetropolitan area | |
| West Kentucky nonmetropolitan area | |
| East Kentucky nonmetropolitan area | |
| South Central Kentucky nonmetropolitan area | |
| Elizabethtown |