The annual salary statistics of carpenters in Providence-Fall River-Warwick, Rhode Island is shown in Table 1. The wage statistics of carpenters in Providence-Fall River-Warwick 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 | $39,520 |
| 25th Percentile Wage | $47,980 |
| 50th Percentile Wage | $58,240 |
| 75th Percentile Wage | $68,680 |
| 90th Percentile Wage | $91,250 |
Table 1 shows the average annual salary for carpenters in Providence-Fall River-Warwick, Rhode Island in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $91,250. The median (50th percentile) annual salary is $58,240. The average annual salary for the bottom 10 percent earners is $39,520.
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 | $58,240 | 3.61% | 23.04% |
| 2021 | $56,140 | 9.69% | - |
| 2020 | $50,700 | 1.22% | - |
| 2019 | $50,080 | 5.67% | - |
| 2018 | $47,240 | -1.63% | - |
| 2017 | $48,010 | 1.67% | - |
| 2016 | $47,210 | 5.13% | - |
| 2015 | $44,790 | 7.17% | - |
| 2014 | $41,580 | -3.90% | - |
| 2013 | $43,200 | -3.75% | - |
| 2012 | $44,820 | - | - |
From Table 3 we note that with a median annual salary of $58,240, Providence-Fall River-Warwick is the second highest paying city for carpenters in state of Rhode Island, following the highest paying city Norwich-New London (median annual salary of $65,000). Compared with Norwich-New London, the median annual salary of carpenters in Providence-Fall River-Warwick is 10.4 percent (10.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Norwich-New London | |
| Providence-Fall River-Warwick |