The annual salary statistics of cabinetmakers and bench carpenters in Albany-Schenectady-Troy, New York is shown in Table 1. The wage statistics of cabinetmakers and bench carpenters in Albany-Schenectady-Troy 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 | $30,900 |
| 25th Percentile Wage | $35,200 |
| 50th Percentile Wage | $40,640 |
| 75th Percentile Wage | $46,510 |
| 90th Percentile Wage | $55,950 |
Table 1 shows the average annual salary for cabinetmakers and bench carpenters in Albany-Schenectady-Troy, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $55,950. The median (50th percentile) annual salary is $40,640. The average annual salary for the bottom 10 percent earners is $30,900.
The table and chart below show the trend of the median salary of cabinetmakers and bench carpenters from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $40,640 | 6.69% | 14.69% |
| 2021 | $37,920 | 1.93% | - |
| 2020 | $37,190 | -4.57% | - |
| 2019 | $38,890 | 0.44% | - |
| 2018 | $38,720 | -2.48% | - |
| 2017 | $39,680 | 11.34% | - |
| 2016 | $35,180 | 5.57% | - |
| 2015 | $33,220 | 1.38% | - |
| 2014 | $32,760 | 4.82% | - |
| 2013 | $31,180 | -11.19% | - |
| 2012 | $34,670 | - | - |
From Table 3 we note that the median annual salary of $40,640 in Albany-Schenectady-Troy is in the middle of salary range for cabinetmakers and bench carpenters in state of New York. In comparison, the annual salary of cabinetmakers and bench carpenters in Albany-Schenectady-Troy is 22.2 percent (22.2%) lower than that in the highest paying Poughkeepsie-Newburgh-Middletown and 34.8 percent (34.8%) higher than that in the lowest paying Central New York nonmetropolitan area.