The annual salary statistics of carpenters in Minneapolis-St Paul-Bloomington, Wisconsin is shown in Table 1. The wage data of carpenters in Minneapolis-St Paul-Bloomington 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 | $42,990 |
| 25th Percentile Wage | $48,330 |
| 50th Percentile Wage | $61,420 |
| 75th Percentile Wage | $79,470 |
| 90th Percentile Wage | $87,000 |
Table 1 shows the average annual salary for carpenters in Minneapolis-St Paul-Bloomington, Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $87,000. The median (50th percentile) annual salary is $61,420. The average annual salary for the bottom 10 percent earners is $42,990.
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 | $61,420 | 0.96% | 9.13% |
| 2021 | $60,830 | 3.83% | - |
| 2020 | $58,500 | -3.32% | - |
| 2019 | $60,440 | 10.59% | - |
| 2018 | $54,040 | 2.85% | - |
| 2017 | $52,500 | 3.49% | - |
| 2016 | $50,670 | -5.88% | - |
| 2015 | $53,650 | -0.63% | - |
| 2014 | $53,990 | -1.15% | - |
| 2013 | $54,610 | -2.20% | - |
| 2012 | $55,810 | - | - |
From Table 3 we note that with a median annual salary of $61,420, Minneapolis-St Paul-Bloomington is the second highest paying city for carpenters in state of Wisconsin, following the highest paying city Oshkosh-Neenah (median annual salary of $63,640). Compared with Oshkosh-Neenah, the median annual salary of carpenters in Minneapolis-St Paul-Bloomington is 3.5 percent (3.5%) lower.