The annual salary statistics of carpenters in Niles-Benton Harbor, Michigan is shown in Table 1. The wage statistics of carpenters in Niles-Benton Harbor 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 | $34,220 |
| 25th Percentile Wage | $42,770 |
| 50th Percentile Wage | $47,900 |
| 75th Percentile Wage | $56,580 |
| 90th Percentile Wage | $62,540 |
Table 1 shows the average annual salary for carpenters in Niles-Benton Harbor, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $62,540. The median (50th percentile) annual salary is $47,900. The average annual salary for the bottom 10 percent earners is $34,220.
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 | $47,900 | 2.21% | 24.61% |
| 2021 | $46,840 | 17.76% | - |
| 2020 | $38,520 | 1.58% | - |
| 2019 | $37,910 | 4.30% | - |
| 2018 | $36,280 | -8.71% | - |
| 2017 | $39,440 | -4.61% | - |
| 2016 | $41,260 | 16.82% | - |
| 2015 | $34,320 | 10.49% | - |
| 2014 | $30,720 | 2.51% | - |
| 2013 | $29,950 | -20.57% | - |
| 2012 | $36,110 | - | - |
From Table 3 we note that the median annual salary of $47,900 in Niles-Benton Harbor is in the middle of salary range for carpenters in state of Michigan. In comparison, the annual salary of carpenters in Niles-Benton Harbor is 18.9 percent (18.9%) lower than that in the highest paying Detroit-Warren-Livonia and 19.7 percent (19.7%) higher than that in the lowest paying Holland-Grand Haven.