The annual salary statistics of carpenters in South Bend-Mishawaka, Michigan is shown in Table 1. The wage information of carpenters in South Bend-Mishawaka 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 | $35,160 |
| 25th Percentile Wage | $39,880 |
| 50th Percentile Wage | $49,080 |
| 75th Percentile Wage | $63,040 |
| 90th Percentile Wage | $65,940 |
Table 1 shows the average annual salary for carpenters in South Bend-Mishawaka, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $65,940. The median (50th percentile) annual salary is $49,080. The average annual salary for the bottom 10 percent earners is $35,160.
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 | $49,080 | 3.46% | 23.90% |
| 2021 | $47,380 | 1.41% | - |
| 2020 | $46,710 | 15.11% | - |
| 2019 | $39,650 | -12.53% | - |
| 2018 | $44,620 | 9.37% | - |
| 2017 | $40,440 | -4.80% | - |
| 2016 | $42,380 | 10.34% | - |
| 2015 | $38,000 | 0.87% | - |
| 2014 | $37,670 | 4.75% | - |
| 2013 | $35,880 | -4.10% | - |
| 2012 | $37,350 | - | - |
From Table 3 we note that the median annual salary of $49,080 in South Bend-Mishawaka is in the middle of salary range for carpenters in state of Michigan. In comparison, the annual salary of carpenters in South Bend-Mishawaka is 16.9 percent (16.9%) lower than that in the highest paying Detroit-Warren-Livonia and 21.6 percent (21.6%) higher than that in the lowest paying Holland-Grand Haven.