Carpenters in the Anchorage area earn a median of $72,800 a year, 30% above the typical U.S. metro. That ranks #38 of 390 metros for carpenter pay nationwide.
Within driving distance, the same work pays more in Fairbanks.
It's one of 2 Alaska metros with published pay for this trade; see carpenters across Alaska.
Carpenter pay in Anchorage at a glance
- Carpenters in the Anchorage, AK metro earn a median $72,800 a year ($35.00 an hour), #38 of 390 U.S. metros (BLS, May 2025).
- The middle 80% earn between $48,620 and $149,320.
- After local prices, that median buys what $69,057 would in a typical U.S. place (BEA, 2024).
- A typical 1-bedroom rents for $1,118 a month, 18% of the median pay (HUD, FY2027).
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Enter a rate to see where it falls among carpenters in Anchorage.
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What this means Our calculation
Pay for carpenters here is in the top 20% of U.S. metros, and also in the top 20% once local prices are factored in. For the wider job market, unemployment is about the same as in most metros (4.2%) and the population is growing at a typical pace (+1.9% since 2020). On your own, you'd join about 609 one-person building finishing work businesses averaging $69,553 in revenue, and you'd need to bill roughly $86/hour to match the median salary (at our default assumptions).
Anchorage scorecard for carpenters Our calculation
Grades compare Anchorage with every other U.S. metro for this trade (A = top 20%).
Pay Government data
Pay range
Shaded: the middle half of workers. Grey line: typical U.S. metro ($56,155).
Pay over time
The median pay for carpenters in the Anchorage area went from $67,150 in 2020 to $72,800 in 2025, up 8.4%. Prices rose 25% over the same period, so after inflation that's -13.5% — a real pay cut.
BLS OEWS, May 2020–May 2025; inflation: CPI-U (May to May). Year-to-year changes can include survey noise.
Compared with nearby metros
What the pay is really worth in Anchorage Our calculation
Prices in Anchorage run 5% above the U.S. average. Adjusted for that, a median paycheck here buys what $69,057 would in a typical place, ranking #48 of 384 on real pay.
Real pay or rent burden?
Real pay already accounts for housing, because the price index includes rent. Rent burden shows what share of pay a typical 1-bedroom takes. Use either one, not both together.
Want the full picture? Build a monthly budget for Anchorage from this pay, local rent and prices.
What carpenters do
Construct, erect, install, or repair structures and fixtures made of wood and comparable materials, such as concrete forms; building frameworks, including partitions, joists, studding, and rafters; and wood stairways, window and door frames, and hardwood floors. May also install cabinets, siding, drywall, and batt or roll insulation. Includes brattice builders who build doors or brattices (ventilation walls or partitions) in underground passageways.
Most important day-to-day tasks
- Measure and mark cutting lines on materials, using a ruler, pencil, chalk, and marking gauge.
- Follow established safety rules and regulations and maintain a safe and clean environment.
- Shape or cut materials to specified measurements, using hand tools, machines, or power saws.
- Select and order lumber or other required materials.
- Install structures or fixtures, such as windows, frames, floorings, trim, or hardware, using carpenters' hand or power tools.
Outlook & getting started
Nationally, carpenter jobs are projected to grow 3.9% from 2025 to 2035 (all jobs: 3.5%), with about 62,800 openings a year. About 25% are self-employed.
What the work is like Government data
How often carpenters deal with each condition, from surveys of workers in the job.
Getting started usually takes some preparation (high school plus months of training).
O*NET 31.0 Work Context and Job Zones (U.S. Department of Labor), national.
Getting started: registered apprenticeship Government data
Most carpenters train through a paid apprenticeship: you work and earn under experienced pros while taking classes, and pay usually rises as you progress. 727,586 people were active registered apprentices nationwide in FY2026, up 87% since FY2016, and construction is the largest field with 290,043 of them (40%), according to the U.S. Department of Labor.
Search apprenticeship openings near Anchorage ↗Find training programs & sponsors ↗
Official U.S. Department of Labor tools at Apprenticeship.gov. Counts: DOL Apprentices by State dashboard, FY2026 (all occupations).
Licensing in Alaska Official source
The main state licensing office in Alaska is the Alaska Division of Corporations, Business and Professional Licensing. Contractors register with the state; electrical and mechanical administrators are licensed. It can point you to the right license for carpenters.
Official Alaska licensing site ↗
Requirements for carpenters vary by state and sometimes by city; always confirm with the official agency.
On-the-job safety Government data
Nationally, carpenters have 165 injuries or illnesses serious enough to miss work per 10,000 full-time workers, 1.9× the rate for all jobs (87). The most common cause is being struck by or caught in objects and equipment.
BLS Survey of Occupational Injuries and Illnesses, 2023–2024 (national, cases with days away from work).
Highest-paying AK metros for carpenters
| Metro | Median | Real pay | Jobs |
|---|---|---|---|
| FairbanksALASKA · AK | $84,970 | $82,329 | 280 |
| AnchorageALASKA · AK | $72,800 | $69,057 | 1,460 |
See every metro in Alaska.
How much work is there? Government data
Local job market
The Anchorage area's unemployment rate was 4.2% in 2025 (all workers, not just carpenters), above the typical U.S. metro's 4.1%. It was 6.1% in 2021.
BLS Local Area Unemployment Statistics, annual averages 2021–2025 (2025 preliminary).
Getting to work
The average commute in the Anchorage area is 23 minutes each way, about the same as the typical metro (24 min). 11% of commuters spend 45 minutes or more. 72% drive alone, 1% take transit and 9% work from home (all workers, not just trades).
Census American Community Survey, 2024 1-year estimates (table S0801).
Population
The Anchorage area's population grew 1.9% from 2020 to 2025 (398,391 → 405,821), ranking #222 of 387 metros for growth (typical metro +2.5%). More people moved out than in (net -1,486).
Census Bureau population estimates, July 1 of each year, 2020–2025.
Homes in Anchorage
The Anchorage area has about 172,566 homes. 37% were built before 1980 (typical metro 45%), so its housing is newer than most; 12% were built in 2010 or later. 67% of households own their home, and the median home value is $410,900.
Census American Community Survey, 2024 1-year estimates (table DP04).
New construction
New-home permits in Anchorage are down 75% from 2021 to 2025 (1,183 → 297).
In 2025 the Anchorage area approved permits for 297 new homes (226 single-family), or 0.7 per 1,000 residents, ranking #375 of 393 metros, a slower building market than most.
Competition
In 2024 the area had 609 one-person businesses (no employees) in building finishing work, averaging $69,553 a year in revenue before expenses. See how Anchorage compares among the best cities to start a carpenter business.
They compete with 249 building finishing work companies that have employees (about 986 workers in total). 80% of those companies have fewer than 5 employees.
Working outdoors in Anchorage Government data
In an average year, Anchorage has 0 days at 90°F or hotter (fewer than most metros; typical metro 33), 178 nights below freezing (typical 90) and 44 days with a tenth of an inch of rain or more. Summer afternoons average 66°F and winter nights 12°F. That matters for carpenters: heat and freezes shape the working season and the hours.
NOAA U.S. Climate Normals, 1991–2020 averages, Anchorage Lake Hood Airport, AK station. Compare cities on outdoor work weather.
Employee vs. working for yourself Your scenario
A model, not a market rate. It shows the break-even rate to match a $72,800 employee salary once you cover what an employer normally pays for (including the employer half of Social Security and Medicare, 7.65%), then adds your profit margin. Change any number.
Break-even rate
With your profit margin
How this calculator works. Weighing a contractor job against a W-2 one? Try the 1099 vs. W-2 comparison. Billable hours are hours you can charge a customer. Driving, quoting, paperwork and slow weeks aren't billable, which is why 1,400 is a common starting point versus 2,080 paid hours as an employee.
Get carpenter pricing & estimate templates →Compare Anchorage with another city →
Keep exploring
Could this trade pay more somewhere else?
ToolBest cities for carpentersRank every metro on pay, buying power, rent and jobs.Is a job offer here any good?
ToolCheck an offer in AnchorageSee where it falls among local carpenters, after the commute.Could you afford to live here?
ToolAnchorage budgetMonthly take-home, HUD rent and local prices on this pay.About this data
Local to the Anchorage metro: pay (BLS, May 2025) and pay over time (2020–2025, CPI-adjusted), prices (BEA, 2024), rent (HUD, FY2027), new construction, housing, population and commuting (Census), unemployment (BLS) and business counts (Census, by industry). National: job outlook and training (BLS projections), injury rates (BLS) and duties (O*NET). Jobs are employment estimates, not open positions; grades rank Anchorage against every other metro for carpenters. Every source, year and formula is on our data page.