The annual salary statistics of carpenters in Norwich-New London, Rhode Island is shown in Table 1. The wage information of carpenters in Norwich-New London 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 | $46,180 |
| 25th Percentile Wage | $51,310 |
| 50th Percentile Wage | $65,000 |
| 75th Percentile Wage | $70,810 |
| 90th Percentile Wage | $76,890 |
Table 1 shows the average annual salary for carpenters in Norwich-New London, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $76,890. The median (50th percentile) annual salary is $65,000. The average annual salary for the bottom 10 percent earners is $46,180.
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 | $65,000 | 5.12% | 30.18% |
| 2021 | $61,670 | 10.41% | - |
| 2020 | $55,250 | 0.87% | - |
| 2019 | $54,770 | 3.07% | - |
| 2018 | $53,090 | 2.71% | - |
| 2017 | $51,650 | 10.20% | - |
| 2016 | $46,380 | 1.55% | - |
| 2015 | $45,660 | 2.58% | - |
| 2014 | $44,480 | -5.53% | - |
| 2013 | $46,940 | 3.32% | - |
| 2012 | $45,380 | - | - |
From Table 3 we note that with a median annual salary of $65,000, Norwich-New London is the highest paying city for carpenters in state of Rhode Island, followed by Providence-Fall River-Warwick (median annual salary $58,240). In comparison, the median annual salary of carpenters in Norwich-New London is 10.4 percent (10.4%) higher than that in Providence-Fall River-Warwick.
| Cities/Areas | Median Annual Salary |
|---|---|
| Norwich-New London | |
| Providence-Fall River-Warwick |