Indiana · BLS OEWS May 2025
Carpenter salary in Indiana: $62,870 median, no degree required
Carpentry is my trade. Third generation. My grandfather taught my dad, my dad taught me, and 20+ years later I run my own remodeling company. So take it from someone who lives it: carpenters in Indiana earn a median $62,870, learn through a paid 3-to-4-year apprenticeship, and the ones who treat it as a craft never run out of work. Framing, finish work, cabinets, decks, remodels. The skill ceiling is high and so is the business ceiling; plenty of carpenters end up contractors running crews. Our 10-year model has a Indiana carpenter $273,636 ahead of the average bachelor's path, and that is before anyone goes into business for themselves.
Reviewed by Brad Zemke, third-generation tradesman, 20+ years in the field.
Carpenter pay in Indiana
BLS OEWS May 2025 · 15,240 employed
| Wage level | Per year | Per hour |
|---|---|---|
| Entry level (10th percentile) | $45,510 | $21.88/hr |
| 25th percentile | $49,940 | $24.01/hr |
| Median wage | $62,870 | $30.23/hr |
| 75th percentile | $76,850 | $36.95/hr |
| Top earners (90th percentile) | $90,700 | $43.61/hr |
The 10-year picture
Carpenter vs college in Indiana
- Carpenter, 10 years in
- $595,077
- cumulative earnings minus training costs
- College path, 10 years in
- $321,441
- avg degree, $37,850 debt, $11,568 interest paid
- Head start
- $273,636
- trade path is in the black by year 1; college by year 6
Cumulative earnings net of education costs and loan interest; taxes and living costs excluded from both paths. Full math and sources on the methodology page.
The apprenticeship
How you get in
In Indiana you can join a union carpenters apprenticeship (usually 3 to 4 years, paid, minimal cost) or learn under an experienced contractor on the job. My honest advice, the same I give every young tradesman: work for a good contractor first and learn how a well-run operation does things before you go out on your own.
Training cost in our model: $5,000. First-year pay near $34,579.
Licensing
What IN requires
Carpentry itself usually is not licensed, but general contracting is. In Indiana, running your own jobs eventually means a contractor registration or license, insurance, and bonding. That step is where the real earning power opens up, so keep your record clean and your work tight.
FAQ
Carpenter questions, answered straight
How much do carpenters make in Indiana?
The median carpenter wage in Indiana is $62,870 a year ($30.23/hr) per BLS OEWS May 2025 data. The top 10% earn $90,700 or more. Entry-level pay starts around $45,510.
Is becoming a carpenter worth it compared to college in Indiana?
On the 10-year math, yes. Our model puts a Indiana carpenter at $595,077 in cumulative net earnings after 10 years, versus $321,441 for the average bachelor's path. That is a $273,636 head start, mostly because you earn while you train instead of paying tuition for four years.
How many carpenters work in Indiana?
BLS counts 15,240 employed carpenters in Indiana as of the May 2025 OEWS survey.
Can carpenters become contractors?
That is the classic path, and it is mine. Learn the craft, learn how jobs are run, then get licensed and insured and bid your own work. A remodeling contractor's ceiling is far above the $90,700 that top employed carpenters earn in Indiana.
Is carpentry a dying trade?
The opposite. The industry has a real shortage of people who can frame a wall, hang a door, and finish trim to standard. Every experienced carpenter I know has more work offered than they can take.
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Wage data: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, occupation 47-2031, 15,240 employed in Indiana. ROI model assumptions and sources: methodology.