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Carpenter Salary in Colorado Springs, CO β€” 2026 Guide

Estimated salaries are adjusted for Colorado Springs's cost of living (index: 103). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Carpenter Salary in Colorado Springs β€” Key Numbers

$58,041
Median Salary
$42,014
25th Percentile
$76,436
75th Percentile
$98,695
90th Percentile
National median (Carpenter)$56,350
vs. National median+3.0%
Colorado Springs median household income$71,200
vs. City household income-18.5%

Cost of Living in Colorado Springs

Cost of Living Index
103(100 = avg)
Median Monthly Rent$995/mo
Rent-to-Income Ratio20.6%
Annual rent cost$11,940
Median Home Price$420,000
Home Price / Salary7.2Γ—
20% Down Payment$84,000
Years to save (20% rate)7.2 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Colorado Springs

3.5%
Unemployment Rate
760,000
Metro Population
24 min
Avg Commute
34.8
Median Age

Colorado Springs has a metro population of 760,000, offering a sizeable job market with strong opportunities across key sectors. The 3.5% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Carpenter Salary β€” Other Colorado Cities

Frequently Asked Questions

How much does a Carpenter make in Colorado Springs, CO?

The estimated median salary for a Carpenter in Colorado Springs is $58,041 per year (2026). This is derived from the national BLS median of $56,350 adjusted by Colorado Springs's cost of living index (103). The typical salary range runs from $42,014 (25th percentile) to $76,436 (75th percentile), with top earners reaching $98,695.

Is Colorado Springs affordable for a Carpenter?

On a $58,041 annual salary, a Carpenter in Colorado Springs would spend approximately 20.6% of gross monthly income on median rent ($995/month). This is well within the 28% affordability threshold, making Colorado Springs relatively affordable for this profession. The median home price of $420,000 is 7.2Γ— the annual salary.

How does a Carpenter's salary compare to Colorado Springs's overall income?

Colorado Springs's median household income is $71,200. A Carpenter earning the city-adjusted median of $58,041 earns 18.5% less than the typical Colorado Springs household income. This may reflect that the profession is entry-level or that Colorado Springs has a particularly high median household income due to high-earning industries.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.