Carpenters Salary in Indianapolis-Carmel-Greenwood, IN
Carpenters in Indianapolis-Carmel-Greenwood, IN make a median of $61,870 a year, or about $29.74 an hour. The range runs from $45K at the entry level to $82K for experienced workers. Adjusted for local prices (RPP 95.7), that's roughly $64,650 in purchasing power. A 2-bedroom apartment runs $1,473/month — about 35.6% of take-home, which is tight.
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $62K get you in Indianapolis-Carmel-Greenwood?
About carpenters
Compensation breakdown
Annual earnings by percentile, Indianapolis-Carmel-Greenwood, IN
Entry-level carpenters (10th percentile) start around $45K. Mid-career wages sit at $62K.Top earners bring in $82K or more - a $38K spread from bottom to top.
Carpenters pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Hawaii | $86K | +45% | 5,630 |
| Illinois | $76K | +29% | 24,930 |
| California | $75K | +26% | 106,500 |
| Washington | $73K | +24% | 26,340 |
| Massachusetts | $71K | +20% | 19,100 |
| District of Columbia | $66K | +11% | 1,270 |
| Alaska | $65K | +10% | 2,700 |
| Minnesota | $65K | +9% | 15,190 |
| New York | $64K | +7% | 44,500 |
| Connecticut | $64K | +7% | 5,680 |
| Nevada | $62K | +5% | 13,420 |
| Vermont | $62K | +5% | 3,010 |
| New Jersey | $62K | +4% | 12,930 |
| Michigan | $61K | +4% | 21,550 |
| Oregon | $61K | +3% | 16,390 |
Track carpenters salary changes
BLS updates this data quarterly. We'll email you when Indianapolis-Carmel-Greenwood numbers change.
Related careers in Construction & Trades
Frequently asked questions
How much do carpenters make in Indianapolis-Carmel-Greenwood, IN?
The median is $61,870 a year - that works out to about $29.74 an hour. The range is wide: entry-level workers start around $44,610, and experienced carpenters can clear $82,380. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $62K enough to live in Indianapolis-Carmel-Greenwood?
On that salary, you'd take home roughly $4,155/month after taxes. A 2-bedroom here rents for about $1,473/month (HUD Fair Market Rent), which eats 35.5% of your paycheck. That's above the 30% rule of thumb - housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a carpenters salary go in Indianapolis-Carmel-Greenwood?
Indianapolis-Carmel-Greenwood has a Regional Price Parity of 95.7 (100 is the national average). That's below average - your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median carpenters salary is worth about $64,650 in national-average purchasing power.
Where do carpenters get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.