- The middle half earn between $24.97 and $35.78 an hour.
- Colorado ranks 14th of the 50 states and DC for median pay in this trade.
- Colorado pays more than all 7 neighboring states.
- BLS counts about 12,740 carpenters on payrolls in Colorado.
- At the state median wage, a carpentry or remodeling business needs to bill about $123.64 an hour on the labor rate calculator's starting numbers.
Carpenter pay in Colorado, bottom to top
The BLS carpenter group covers framing, finish and remodel carpenters, on homes and on commercial jobs.
| Pay level | Hourly | Yearly | National hourly |
|---|---|---|---|
| 10th percentile | $22.61 | $47,020 | $19.43 |
| 25th percentile | $24.97 | $51,940 | $23.32 |
| Median | $30.21 | $62,830 | $29.12 |
| 75th percentile | $35.78 | $74,430 | $36.94 |
| 90th percentile | $43.62 | $90,740 | $48.03 |
| Average (mean) | $31.82 | $66,190 | $31.55 |
Pay is bunched up in Colorado. The top tenth earn $43.62 an hour or more, about 1.9 times the $22.61 at the bottom tenth. Nationally that gap is 2.5 times, so the step from the bottom of the scale to the top is shorter here than in most places.
The floor is higher than nationally ($22.61 against $19.43) but the ceiling is lower ($43.62 against $48.03), which squeezes pay toward the middle.
The average, $31.82, is close to the median, so pay sits fairly evenly around the middle.
How Colorado compares with other states
Over a full year the gap to the national median is small: $62,830 in Colorado against $60,580 nationally, $2,250 more.
In the state ranking, Colorado sits 14th, between Oregon ($30.23) and Vermont ($30.00). The range runs from $22.55 in Oklahoma to $41.00 in Hawaii.
Colorado pays carpenters more than any of its neighboring states, Arizona, Kansas, Nebraska, New Mexico, Oklahoma, Utah and Wyoming. Someone working near the border can earn more by taking work on this side of it.
| Neighboring state | Median hourly | Median yearly | Against Colorado |
|---|---|---|---|
| Colorado | $30.21 | $62,830 | |
| Arizona | $28.17 | $58,580 | −$2.04 an hour |
| Kansas | $27.39 | $56,960 | −$2.82 an hour |
| Nebraska | $24.19 | $50,320 | −$6.02 an hour |
| New Mexico | $28.71 | $59,720 | −$1.50 an hour |
| Oklahoma | $22.55 | $46,910 | −$7.66 an hour |
| Utah | $25.17 | $52,360 | −$5.04 an hour |
| Wyoming | $27.33 | $56,850 | −$2.88 an hour |
How many carpenters work in Colorado
About 12,740 carpenters work on payrolls in Colorado, 1.9% of the 670,090 nationwide, the 21st largest count among the states.
That is 4.4 of every 1,000 jobs in Colorado, close to the trade's share of jobs nationally.
What a carpentry or remodeling business in Colorado should charge
Say you run a carpentry or remodeling business in Colorado and pay the state median of $30.21 an hour. Here is the labor rate calculator's math on its starting numbers: 40-hour weeks, 10 paid days off, 2 unbilled hours a day, 7.65% payroll taxes, $90,000 a year of overhead and 15% profit.
| Step | Math | Result |
|---|---|---|
| Paid hours | 40 × 52 | 2,080 |
| Hours at work | 2,080 − 10 days × 8 | 2,000 |
| Billable hours | 2,000 × 6 ÷ 8 | 1,500 |
| Labor cost | $30.21 × 2,080 × 1.0765 | $67,644 |
| Break-even rate | ($67,644 + $90,000) ÷ 1,500 | $105.10 |
| Rate with 15% profit | $105.10 ÷ 0.85 | $123.64 |
That is $123.64 per billable hour, 4.1 times the wage, and $1.91 more than the $121.73 the same math gives at the national median wage.
Paying the 75th percentile instead, $35.78 in Colorado, to hire and keep experienced people raises the rate to $133.42.
A cheaper crew saves less than it seems: at the 25th percentile wage of $24.97, the rate only drops to $114.44.
Overhead, at $60 of every billed hour, and the unbilled hours move this rate more than a raise does. A dollar more in wages adds about $1.76 to the rate.
Run it with your own numbers in the labor rate calculator. It is free and shows every step.
Working as a carpenter in Colorado
- Running the business. Quotes, invoices, booking and your website in one place: how remodelers run on Koira.
- Getting found. The free Koira report checks how your business shows up in search and on maps against shops near you.
Where these numbers come from
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025.
The figures are the BLS state estimates for SOC 47-2031, carpenters, across all industries, read straight from the May 2025 state data file. They cover wage and salary workers, not the self-employed. Where BLS did not publish a figure, this page leaves it out.
All states in one table: carpenter salary by state.