The annual salary statistics of carpenters in Saginaw-Saginaw Township North, Michigan is shown in Table 1. The wage data of carpenters in Saginaw-Saginaw Township North 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 | $36,930 |
| 25th Percentile Wage | $45,620 |
| 50th Percentile Wage | $50,290 |
| 75th Percentile Wage | $61,210 |
| 90th Percentile Wage | $72,090 |
Table 1 shows the average annual salary for carpenters in Saginaw-Saginaw Township North, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $72,090. The median (50th percentile) annual salary is $50,290. The average annual salary for the bottom 10 percent earners is $36,930.
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 | $50,290 | 7.06% | 2.98% |
| 2021 | $46,740 | 1.50% | - |
| 2020 | $46,040 | 7.47% | - |
| 2019 | $42,600 | -2.91% | - |
| 2018 | $43,840 | -3.42% | - |
| 2017 | $45,340 | 3.13% | - |
| 2016 | $43,920 | 12.52% | - |
| 2015 | $38,420 | -0.36% | - |
| 2014 | $38,560 | -5.16% | - |
| 2013 | $40,550 | -20.32% | - |
| 2012 | $48,790 | - | - |
From Table 3 we note that the median annual salary of $50,290 in Saginaw-Saginaw Township North is in the middle of salary range for carpenters in state of Michigan. In comparison, the annual salary of carpenters in Saginaw-Saginaw Township North is 14.9 percent (14.9%) lower than that in the highest paying Detroit-Warren-Livonia and 23.5 percent (23.5%) higher than that in the lowest paying Holland-Grand Haven.