The annual salary statistics of carpenters in Hickory-Lenoir-Morganton, North Carolina is shown in Table 1. The wage statistics of carpenters in Hickory-Lenoir-Morganton 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 | $28,120 |
| 25th Percentile Wage | $36,080 |
| 50th Percentile Wage | $45,610 |
| 75th Percentile Wage | $49,200 |
| 90th Percentile Wage | $56,620 |
Table 1 shows the average annual salary for carpenters in Hickory-Lenoir-Morganton, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $56,620. The median (50th percentile) annual salary is $45,610. The average annual salary for the bottom 10 percent earners is $28,120.
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 | $45,610 | 2.43% | 23.77% |
| 2021 | $44,500 | 23.10% | - |
| 2020 | $34,220 | -2.86% | - |
| 2019 | $35,200 | -0.48% | - |
| 2018 | $35,370 | -0.40% | - |
| 2017 | $35,510 | 12.02% | - |
| 2016 | $31,240 | 5.57% | - |
| 2015 | $29,500 | -16.95% | - |
| 2014 | $34,500 | 1.57% | - |
| 2013 | $33,960 | -2.39% | - |
| 2012 | $34,770 | - | - |
From Table 3 we note that the median annual salary of $45,610 in Hickory-Lenoir-Morganton is in the middle of salary range for carpenters in state of North Carolina. In comparison, the annual salary of carpenters in Hickory-Lenoir-Morganton is 2.8 percent (2.8%) lower than that in the highest paying Raleigh-Cary and 15.6 percent (15.6%) higher than that in the lowest paying Northeastern North Carolina nonmetropolitan area.