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Carpenter Salary in Lexington, KY β€” 2026 Guide

Estimated salaries are adjusted for Lexington's cost of living (index: 90). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Carpenter Salary in Lexington β€” Key Numbers

$50,715
Median Salary
$36,711
25th Percentile
$66,789
75th Percentile
$86,238
90th Percentile
National median (Carpenter)$56,350
vs. National median-10.0%
Lexington median household income$61,200
vs. City household income-17.1%

Cost of Living in Lexington

Cost of Living Index
90(100 = avg)
Median Monthly Rent$925/mo
Rent-to-Income Ratio21.9%
Annual rent cost$11,100
Median Home Price$265,000
Home Price / Salary5.2Γ—
20% Down Payment$53,000
Years to save (20% rate)5.2 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 Lexington

3.3%
Unemployment Rate
530,000
Metro Population
22 min
Avg Commute
33.9
Median Age

Lexington has a metro population of 530,000, offering a sizeable job market with strong opportunities across key sectors. The 3.3% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Carpenter Salary β€” Other Kentucky Cities

Frequently Asked Questions

How much does a Carpenter make in Lexington, KY?

The estimated median salary for a Carpenter in Lexington is $50,715 per year (2026). This is derived from the national BLS median of $56,350 adjusted by Lexington's cost of living index (90). The typical salary range runs from $36,711 (25th percentile) to $66,789 (75th percentile), with top earners reaching $86,238.

Is Lexington affordable for a Carpenter?

On a $50,715 annual salary, a Carpenter in Lexington would spend approximately 21.9% of gross monthly income on median rent ($925/month). This is well within the 28% affordability threshold, making Lexington relatively affordable for this profession. The median home price of $265,000 is 5.2Γ— the annual salary.

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

Lexington's median household income is $61,200. A Carpenter earning the city-adjusted median of $50,715 earns 17.1% less than the typical Lexington household income. This may reflect that the profession is entry-level or that Lexington 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.