Carpenter Salary in Madison, WI — 2026 Guide
Estimated salaries are adjusted for Madison's cost of living (index: 102). National data from BLS OEWS 2024; city adjustments reflect local market conditions.
Carpenter Salary in Madison — Key Numbers
Cost of Living in Madison
Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3× is affordable; above 5× is expensive by traditional guidelines.
Job Market in Madison
Madison has a metro population of 680,000, offering a sizeable job market with strong opportunities across key sectors. The 2.4% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.
Financial Calculators for Madison
Other Professions in Madison
Carpenter Salary — Other Wisconsin Cities
Frequently Asked Questions
How much does a Carpenter make in Madison, WI?
The estimated median salary for a Carpenter in Madison is $57,477 per year (2026). This is derived from the national BLS median of $56,350 adjusted by Madison's cost of living index (102). The typical salary range runs from $41,606 (25th percentile) to $75,694 (75th percentile), with top earners reaching $97,736.
Is Madison affordable for a Carpenter?
On a $57,477 annual salary, a Carpenter in Madison would spend approximately 31.3% of gross monthly income on median rent ($1,499/month). This is approaching the 30–35% cost-burden threshold; careful budgeting is recommended. The median home price of $380,000 is 6.6× the annual salary.
How does a Carpenter's salary compare to Madison's overall income?
Madison's median household income is $74,200. A Carpenter earning the city-adjusted median of $57,477 earns 22.5% less than the typical Madison household income. This may reflect that the profession is entry-level or that Madison has a particularly high median household income due to high-earning industries.
Explore More Salary Data
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.