The annual salary statistics of carpenters in Provo-Orem, Utah is shown in Table 1. The wage information of carpenters in Provo-Orem 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 | $29,490 |
| 25th Percentile Wage | $37,960 |
| 50th Percentile Wage | $46,780 |
| 75th Percentile Wage | $53,460 |
| 90th Percentile Wage | $63,130 |
Table 1 shows the average annual salary for carpenters in Provo-Orem, Utah in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $63,130. The median (50th percentile) annual salary is $46,780. The average annual salary for the bottom 10 percent earners is $29,490.
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 | $46,780 | 0.30% | 24.35% |
| 2021 | $46,640 | 8.55% | - |
| 2020 | $42,650 | 0.23% | - |
| 2019 | $42,550 | 6.44% | - |
| 2018 | $39,810 | 2.11% | - |
| 2017 | $38,970 | 3.34% | - |
| 2016 | $37,670 | 4.54% | - |
| 2015 | $35,960 | -1.08% | - |
| 2014 | $36,350 | 3.36% | - |
| 2013 | $35,130 | -0.74% | - |
| 2012 | $35,390 | - | - |
From Table 3 we note that the median annual salary of $46,780 in Provo-Orem is in the middle of salary range for carpenters in state of Utah. In comparison, the annual salary of carpenters in Provo-Orem is 8.1 percent (8.1%) lower than that in the highest paying Salt Lake City and 30.4 percent (30.4%) higher than that in the lowest paying West Central Utah nonmetropolitan area.