Median Salary
$50,825
Above National Avg
Hourly Wage
$24.44
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Career Guide for Carpenters: Centennial, Colorado
If you're a carpenter considering a move to Centennial, you're looking at a solid market in a city that's as pragmatic as it is beautiful. As a local whoās watched Centennial grow from a collection of subdivisions into a cohesive, high-demand suburb, I can tell you this: the work is here, the pay is decent, and the lifestyle is manageableāif you know the lay of the land. This guide cuts through the fluff and gives you the data-driven, ground-level insights you need to make an informed decision.
The Salary Picture: Where Centennial Stands
Let's get straight to the numbers. In Centennial, the median salary for a carpenter is $57,859 per year, which breaks down to an hourly rate of $27.82. This sits slightly above the national average of $56,920/year. Itās not a massive premium, but itās a meaningful one, especially when you factor in Coloradoās robust construction market. The Denver-Aurora-Lakewood metro area, which includes Centennial, has 213 actively listed jobs for carpenters at any given time, and the 10-year job growth projection is a healthy 5%.
Experience is the key differentiator in this trade. A carpenterās value is measured in skill, speed, and the ability to solve complex problems on-site. Hereās how that translates into pay brackets in the Centennial area.
Experience-Level Breakdown
| Experience Level | Years in Trade | Estimated Annual Salary Range (Centennial) | Key Responsibilities & Notes |
|---|---|---|---|
| Entry-Level | 0-2 years | $45,000 - $52,000 | Basic framing, finishing, site cleanup. Often starts as a laborer or apprentice. |
| Mid-Level | 2-7 years | $55,000 - $68,000 | Independent on most residential tasks, can lead a small crew, proficient with all tools. |
| Senior | 7-15 years | $65,000 - $82,000 | Oversees complex projects, mentorship, custom work, commercial framing. |
| Expert/Master | 15+ years | $80,000 - $95,000+ | Specialized work (finish, restoration, high-end custom), project management, business owner. |
Note: These ranges are estimates based on local job postings, union scales (where applicable), and industry reports. Specialization and overtime can push these numbers higher.
Comparison to Other Colorado Cities
Centennial offers a strong balance. Itās not as high-paying as Denver proper, where union scales and commercial projects push the median closer to $62,000, but itās significantly better than cities in the Eastern Plains (like Greeley) or mountain towns where seasonal work dominates. Compared to Colorado Springs to the south, Centennialās median is about $2,000-$3,000 higher on average, largely due to proximity to the Denver metroās economic engine. The trade-off? Centennialās cost of living is higher than Colorado Springs, so the net benefit is nuanced.
Insider Tip: The 5% job growth is concentrated in the suburbs. While downtown Denver sees cyclical booms and busts tied to large commercial projects, Centennialās demand is driven by steady residential remodeling, new subdivision builds (especially in the southeast quadrant), and commercial fit-outs for retail and light industrial spaces.
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š Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
A salary of $57,859 sounds solid, but how far does it go in Centennial? Letās break it down with a realistic monthly budget for a single carpenter. Weāll assume a gross annual income of $57,859, filing as a single person with no dependents, and taking the standard deduction. Colorado has a flat state income tax of 4.4%. Federal taxes are more complex, but weāll use a standard estimator for accuracy.
- Gross Monthly Income: $57,859 / 12 = $4,822
- Estimated Deductions (Taxes & Benefits):
- Federal Tax: ~$450
- Social Security (6.2%): ~$299
- Medicare (1.45%): ~$70
- Colorado State Tax (4.4%): ~$212
- Potential Health Insurance (if not provided by employer): ~$300 (highly variable)
- Total Monthly Deductions (Est.): ~$1,331
- Estimated Net (Take-Home) Pay: $4,822 - $1,331 = ~$3,491
Monthly Budget Breakdown
| Expense Category | Estimated Monthly Cost (Centennial) | Notes |
|---|---|---|
| Rent (1BR Apartment) | $1,635 | The city average. Can be lower in older complexes or higher in new builds. |
| Utilities | $200 - $250 | Includes electricity, gas, water, trash. Winter heating costs can be higher. |
| Groceries | $400 - $500 | Dependent on diet. Centennial has standard grocery chains (King Soopers, Safeway) and a few specialty stores. |
| Transportation | $300 - $450 | This is a car-dependent city. Includes gas, insurance, and basic maintenance. No car is not a viable option here. |
| Health Insurance | $300 | If not covered by employer. This can be a major variable. |
| Miscellaneous | $400 | Phone, internet, clothing, tools, personal care, occasional entertainment. |
| Total Estimated Expenses | $3,235 - $3,685 |
The Verdict on Affordability: Your estimated take-home of $3,491 puts you right on the edge of comfortably covering these expenses. You can afford a 1BR apartment, but your budget will be tight. Thereās little room for error (like a car repair) or significant savings unless youāre splitting rent with a partner or roommate. A roommate scenario could drop your housing cost to $800-$900/month, freeing up significant cash flow for savings or a mortgage down payment.
Can They Afford to Buy a Home?
The median home price in Centennial is approximately $525,000. For a single carpenter earning $57,859, this is out of reach without a substantial down payment and a second income. Lenders typically recommend a housing payment (including mortgage, taxes, insurance) that is no more than 28% of your gross monthly income. Thatās about $1,350/month for you. A $525,000 home with a 20% down payment ($105,000) would have a monthly mortgage payment well over $2,000, even before taxes and insurance. This is not feasible on a single income at this level. However, with a partner or spouse contributing, a dual-income household where both are in skilled trades can absolutely make homeownership in Centennial a reality. Itās a common scenario in the area.
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Where the Jobs Are: Centennial's Major Employers
Centennialās construction market is a mix of large-scale developers, mid-sized general contractors, and specialized subcontractors. The jobs are less about a single "carpenter" employer and more about the companies that hire carpenters for their projects.
Richmond American Homes (Denver Division): A massive national homebuilder with a huge presence in Centennialās newer subdivisions (e.g., the areas near Arapahoe Road and I-25). They have a constant need for framers, finish carpenters, and installers. Hiring is steady, and they offer structured training. Insider Tip: They often hire through their labor subcontractors, so getting on with a framing crew that works exclusively for them is a common path.
SB Construction, Inc.: A prominent Colorado-based general contractor specializing in commercial and industrial projects in the metro area. They handle everything from retail fit-outs to small office builds. They value skilled carpenters who can read blueprints and manage commercial-grade materials. Check their careers page directly.
MDC/Richmond American (Commercial): Donāt confuse them with the homebuilder. This is a separate entity that does commercial construction. Theyāre a significant employer for carpenters with commercial experience, particularly for tenant improvements (TIs) in the numerous shopping centers and office parks along the I-25 corridor.
Local High-End Custom Builders: Centennial has a thriving market for custom homes in neighborhoods like Willow Creek and Homestead. Companies like Bennett Homes or Satterwhite Custom Homes (based in the metro area) hire finish carpenters with a keen eye for detail. These jobs are less frequent but pay a premium for quality work.
Remodeling & Restoration Companies: Firms like Case Design/Remodeling or local independents focus on kitchen, bath, and whole-home remodels. This is the bread-and-butter work in established neighborhoods like Foxfield and Arapahoe Park. These companies often hire based on portfolio and reputation.
Union Opportunities: The Denver Metro Carpentry Labor Union (Local 226) has jurisdiction over much of the metro area, including Centennial. Union scale for journey-level carpenters is competitive, often above the median $57,859, and includes benefits. The union dispatch is a primary source for commercial and large residential projects. Insider Tip: Getting on the union out-of-territory can be challenging, but if you have experience, it's worth a call to the hall.
Hiring Trends: Post-pandemic, thereās been a noticeable shift. Commercial projects slowed slightly, but residential remodels and new single-family construction in Centennialās southeast corridor are booming. The demand is most acute for carpenters who can do both rough and finish workāversatility is your biggest asset.
Getting Licensed in CO
Colorado has a straightforward licensing system for trades, and carpentry is a notable exception.
State License Requirement: There is no state-level journeyman or master carpenter license in Colorado. This is a major advantage for mobility. However, local municipalities (like Centennial or the City of Denver, which may have jurisdiction on some projects) may require a local "carpenter's" license or registration. These typically involve a simple application, a fee (often $50-$150), and proof of insurance or bonding. Always check with the Centennial Building Department (part of Arapahoe County) for the specific requirements on your project.
Insurance & Bonding: Even without a state license, you will need:
- General Liability Insurance: Protects you and your client from property damage or injury. Expect $500 - $1,500/year for a basic policy.
- Contractor's Bond: May be required for jobs over a certain value (e.g., $2,500). The bond acts as a guarantee you'll complete the job. Cost varies based on credit and project size.
Timeline to Get Started: You can legally work as a carpenter immediately if you're hired by a licensed contractor. If you plan to work as an independent contractor/subcontractor:
- Week 1: Research local municipality requirements (Centennial, Arapahoe County, Denver). Get insurance quotes.
- Week 2: Submit license/registration applications. Secure bonding if needed.
- Week 3+: While waiting for approvals, network with local contractors and suppliers (like 84 Lumber or ABC Supply Co. in nearby Englewood) to get on their radar. Total timeline: 2-4 weeks.
Insider Tip: The real "license" is your reputation. In a tight-knit community like Centennial, word-of-mouth from builders and real estate agents is the most powerful credential. Start with small jobs, do impeccable work, and the referrals will follow.
Best Neighborhoods for Carpenters
Location in Centennial matters for commute, lifestyle, and access to job sites. Hereās a breakdown of key areas, focusing on where carpenters typically live and work.
Southeast Quadrant (Areas near Arapahoe Rd & I-25): This is the epicenter of new construction. Youāll be living near massive subdivisions (e.g., Sterling Ranch), with easy access to job sites. Commutes to other major job zones are short.
- Rent Estimate: $1,500 - $1,800 for a 1BR. Newer complexes dominate.
- Lifestyle: Clean, suburban, family-oriented. Close to shopping (Park Meadows Mall) and dining. Less historic charm.
- Best For: Carpenters focused on new residential construction or commercial projects along the I-25 corridor.
Central Centennial (Near Homestead & Arapahoe Park): Established neighborhoods with older homes. This is prime territory for remodelers. Youāre centrally located for commutes to most of the city.
- Rent Estimate: $1,400 - $1,650 for a 1BR. You might find older, more affordable apartments or even a roommate situation in a house here.
- Lifestyle: Quiet, mature landscaping, good access to parks (e.g., Homestead Park). More of a "neighborhood" feel.
- Best For: Remodeling and repair carpenters. Proximity to a mix of residential and light commercial work.
Northwest Quadrant (Near I-25 & Belleview): This area borders Denver and has a slightly more urban, dense feel. It offers great access to downtown Denver for commercial projects and is near the Denver Tech Center (DTC) for high-end office fit-outs.
- Rent Estimate: $1,650 - $1,900+ for a 1BR. Premium for location.
- Lifestyle: More traffic, but youāre closer to Denverās nightlife and cultural amenities. A mix of older apartments and new luxury complexes.
- Best For: Commercial carpenters or those who want city access without living in downtown Denver.
West of I-25 (Willow Creek Area): A mix of older, well-kept subdivisions and newer infill. Slightly more affordable than the northwest, with a strong community feel.
- Rent Estimate: $1,450 - $1,700 for a 1BR.
- Lifestyle: Family-friendly, near the Arapahoe County Fairgrounds and Willow Creek Park. Good schools.
- Best For: A balanced lifestyle with a reasonable commute to most job sites.
Insider Tip: Traffic on I-25 is a beast during rush hour (7-9 AM, 4-6 PM). If your job site is in the southeast, living in the northwest can add 30+ minutes to your commute. Always test your commute during your interview process.
The Long Game: Career Growth
A carpenterās career in Centennial is not a dead-end job; itās a ladder with multiple rungs. Your median salary of $57,859 is a starting point, not a ceiling.
Specialty Premiums:
- Finish Carpentry: Mastery of trim, cabinetry, and millwork can push earnings to $75,000+. High-end custom builders and remodelers pay a premium for this skill.
- Commercial Framing: Expertise in metal stud framing and commercial codes can lead to steady work on retail and office projects, often with union benefits.
- Custom/Structural: Skills in timber framing, log work, or seismic retrofitting are rare and highly valued in Coloradoās mountain-adjacent markets.
Advancement Paths:
- Foreman/Superintendent: Move from a tool belt to a clipboard. Youāll manage crews, schedules, and client communication. Pay jumps to $70,000 - $90,000.
- Project Manager: For those with strong organizational skills. Requires deep knowledge of budgeting, estimating, and subcontractor coordination. Can exceed $90,000.
- Business Owner: The ultimate step. Start your own small carpentry or remodeling company. The median salary for a sole proprietor is harder to pin down but can be $70,000 - $120,000+ after expenses, with unlimited upside. The risk is higher, but so are the rewards.
- Estimator/Detailer: For those who are precise and computer-savvy. A role in a contractorās office, focusing on take-offs and bid preparation. Stable, desk-based work.
10-Year Outlook: The 5% growth is a conservative estimate. With Coloradoās population growth and the aging of existing housing stock (many homes in Centennial are 20-40 years old, ripe for remodels), demand is likely to remain strong. The key to long-term growth will be specialization and adaptability. The carpenter who can frame a wall, install a flawless custom kitchen, and manage a small crew will always be in demand.
The Verdict: Is Centennial Right for You?
| Pros | Cons |
|---|---|
| Stable Job Market: Consistent demand for both new construction and remodels. |
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