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Carpenters salary in Indianapolis, IN

Median pay for carpenters in Indianapolis, IN: $58,520/yr

Typical range (10th–90th percentile): $38,900 – $79,100 · about 4,460 employed locally

Above the typical metro median ($49,990) by +$8,530 (+17%).

What it's really worth in Indianapolis

With Indianapolis's cost of living at 95 (US=100), that $58,520 has the buying power of about $61,828 in an average-cost US metro.

Local context: median household income $73,571 · median home $295,921 · median rent $1,553/mo.

Full Indianapolis cost of living & taxes →

How Indianapolis ranks for this job

On raw pay, Indianapolis, IN is 60th of the 187 metros we hold carpenters wages for. Once Indianapolis's cost of living is applied, it ranks 33rd.

Pay here goes further than the headline number suggests — Indianapolis is one of the places where carpenters gain ground in real terms, because local costs are low relative to what the job pays.

What that salary buys in Indianapolis

A median home in Indianapolis, IN costs $295,921 — about 5.1× this salary, against a typical US metro figure of 4.7×. Buying is harder here than in the average metro on this income.

Median rent of $1,553/mo works out at 32% of gross pay — above the conventional 30% affordability ceiling, so renting would stretch this salary.

Where carpenters earn more

Pay on its own is only half the picture, so each row shows what rent costs there relative to Indianapolis.

MetroMedian payvs IndianapolisRent vs Indianapolis
Honolulu, HI $90,030 +54% 1.9×
Santa Rosa, CA $80,260 +37% 1.7×
San Francisco, CA $79,730 +36% 2.1×
San Jose, CA $75,600 +29% 2.3×

Same job elsewhere in IN

MetroMedian payvs IndianapolisRent vs Indianapolis
Evansville, IN $60,870 +4% 0.7×
South Bend, IN $58,870 +1% 0.9×
Fort Wayne, IN $53,730 −8% 0.8×

Staying in IN keeps state income tax and licensing the same, which makes these the most directly comparable moves.

Who hires carpenters around Indianapolis

Large local employers in sectors that typically employ this role.

Other jobs in Indianapolis

Source: US BLS OEWS (May 2023) median annual wage; cost of living from BEA; home price and rent from Zillow; household income from US Census ACS. Rankings are across the 187 metros we hold wage data for in this occupation. Estimates for guidance only. See methodology.