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Carpenters Salary in Waterloo, IA

BLS Official DataUpdated 2025-05-31
Median Annual

$55,840

Mean: $56,780

~$43,555 est. take-home

Hourly Rate

$26.85

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

A

Very affordable

Affordability score: 85/100

Monthly surplus

$1,300/mo

Savings rate

34%

Carpenters salary in Waterloo, IA — median $55,840/year, range $47,980-$62,000

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$47,980

Median

$55,840

75th %

$62,000

Median is in the 56th percentile of the typical range

Carpenters in other IA cities

Compare the same occupation across cities in IA.

About Carpenters salaries in Waterloo, IA

Carpenters in Waterloo, IA earn a median of $55,840 per year, based on BLS Occupational Employment and Wage Statistics data. The mean salary is $56,780, which tends to skew higher because a small number of high earners pull the average up.

Most carpenters in this area earn between $47,980 and $62,000. Where you land depends on experience, employer type, and whether you have in-demand specializations.

That works out to roughly $26.85 per hour assuming a standard 2,080-hour work year. Actual hourly pay may differ for part-time or contract roles.

Career Outlook

1% growthSlower than average (BLS 2024–2034)

1% growth in new positions, but renovation and remodeling work is booming — homeowners are staying put and upgrading instead of moving. Finish carpenters and those with custom cabinetry skills can charge premium rates, especially in high-end residential markets.

Worth knowing: Carpenters who specialize in finish work, built-ins, or restoration of older homes can set their own rates in many markets. The general framing work is competitive; the specialty stuff is not.

Frequently Asked Questions

What is the average salary for a carpenters in Waterloo?

The median — where half earn more and half earn less — is $55,840. The average (mean) is $56,780, which is higher because top earners pull it up.

How much does a carpenters make per hour in Waterloo?

About $26.85/hour, based on a standard 2,080-hour work year. Part-time or overtime hours will change the actual rate.

What is the salary range for carpenters in Waterloo?

The middle 50% earn between $47,980 and $62,000. Below $47,980 is typically entry-level; above $62,000 usually means significant experience or specialized skills.

Salary Conversion Table

How does $55,840 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$55,840$43,555
Monthly$4,653$3,630
Biweekly$2,148$1,675
Weekly$1,074$838
Hourly (40h/wk)$26.85$20.94
Hourly (35h/wk)$30.68$23.93
Hourly (30h/wk)$35.79$27.92
Daily (8h)$215$168

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Carpenters: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for carpenters, based on BLS median salary data.

Related Occupations in Waterloo

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