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Carpenter Salary in Elgin, Illinois

Updated 2026-04-05BLS 2024 data — be the first to add a local report

Salary Distribution

BLS 2024
$56,590/ year

Median Carpenter in Elgin, IL

$33,620
10th
$41,000
25th
$56,590
Median
$75,000
75th
$91,500
90th

Compensation Breakdown

BLS 2024
Base salary (median)
$56,590
Total compensation (est.)
$65,078
Bonus range
$2,050 – $9,000
Mean salary
$59,985

How This Compares

ℹ

Local BLS metro data isn't available for Elgin yet — showing the national median as a reference. Add local data →

Elgin, IL median
$56,590
Illinois median
$57,722-2.0%
National median
$56,590

Cost of living in Elgin is 0% below the national average. Salary of $56,590 here is equivalent to $56,590 nationally.

Salary by Experience

0-2 years
$40,745-28.0%
3-5 years
$51,497-9.0%
6-10 years
$63,381+12.0%
10+ years
$78,094+38.0%

Salary by Company Size

Startup (< 100 employees)
$49,799-12.0%
Mid-size (100–5,000)
$56,590
Enterprise (5,000+)
$66,776+18.0%

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Carpenter Salaries in Nearby Cities

Chicago, IL$68,474/yr
Aurora, IL$56,590/yr
Joliet, IL$56,590/yr
Naperville, IL$56,590/yr
Rockford, IL$56,590/yr

Related Jobs in Elgin

Electrician$61,590/yr
Plumber$61,550/yr
HVAC Technician$57,300/yr
Welder$47,010/yr
Pipefitter$61,550/yr

Quick Numbers

Hourly (40hr week)$27/hr
Monthly gross$4,716/mo
25th percentile$41,000/yr
75th percentile$75,000/yr

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Market Context

via FRED

Fed Funds Rate

Mar 2026

3.64%

Inflation (CPI)

year-over-year

2.4%+0.04

National Unemployment

Feb 2026

4.4%+0.10

Illinois Unemployment

Dec 2025

4.6%+0.20

Avg Hourly Earnings

all private workers

$37.32+$0.15

10yr Treasury

Apr 2026

4.33%

Source: St. Louis Fed (FRED). Updated daily.

Carpenter Salaries by City

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Frequently Asked Questions

What is the average Carpenter salary in Elgin?

The median Carpenter salary in Elgin is $56,590 per year, with a range from $41,000 at the 25th percentile to $75,000 at the 75th percentile. Total compensation including bonuses typically runs higher — see the breakdown above for the full picture.

How does Carpenter pay in Elgin compare to the national average?

Carpenter salaries in Elgin are 0% above the national median of $56,590. After adjusting for Elgin's cost of living, the purchasing power of that salary is equivalent to roughly $56,590 nationally — which is the number that actually matters when comparing offers across cities.

What factors affect Carpenter salaries in Elgin?

In Elgin, the biggest drivers are years of experience, company size, and industry vertical. Entry-level Carpenter roles start around $33,620, while senior and staff-level positions at larger employers can reach $91,500 or above. Specialized skills and in-demand tools can also meaningfully shift where you land in the range.

Is Elgin a good place for Carpenter jobs?

Elgin offers a Carpenter median of $56,590, which is 0% above the US median of $56,590. Whether that makes it a good market depends on your personal cost-of-living equation — Elgin is 0% cheaper than the national average, so factor that into your math.

How do I negotiate a higher Carpenter salary?

Start with the data on this page: the 75th percentile for Carpenter in Elgin is $75,000, which is a defensible anchor for a negotiation. Come in with a specific number backed by real market data — not a range — and reference your experience tier. If you're above the median, ask for the 75th percentile. If you're already at the 75th, push for total comp improvements like equity or bonus instead.