The annual salary statistics of carpenters in Albany-Schenectady-Troy, New York is shown in Table 1. The wage statistics of 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 | $38,670 |
| 25th Percentile Wage | $45,680 |
| 50th Percentile Wage | $57,750 |
| 75th Percentile Wage | $69,210 |
| 90th Percentile Wage | $83,070 |
Table 1 shows the average annual salary for 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 $83,070. The median (50th percentile) annual salary is $57,750. The average annual salary for the bottom 10 percent earners is $38,670.
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 | $57,750 | 3.79% | 21.99% |
| 2021 | $55,560 | 2.57% | - |
| 2020 | $54,130 | -0.81% | - |
| 2019 | $54,570 | 2.11% | - |
| 2018 | $53,420 | 4.74% | - |
| 2017 | $50,890 | 5.44% | - |
| 2016 | $48,120 | 10.35% | - |
| 2015 | $43,140 | 2.06% | - |
| 2014 | $42,250 | -2.70% | - |
| 2013 | $43,390 | -3.83% | - |
| 2012 | $45,050 | - | - |
From Table 3 we note that the median annual salary of $57,750 in Albany-Schenectady-Troy is in the middle of salary range for carpenters in state of New York. In comparison, the annual salary of carpenters in Albany-Schenectady-Troy is 15.2 percent (15.2%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 30.3 percent (30.3%) higher than that in the lowest paying East Central New York nonmetropolitan area.