Create professional invoices, send estimates, track payments, and manage your carpentry business — all in one place.
No matter what carpentry work you do, Invoice G2G has you covered.
In 2026, the average salary for carpenters in the U.S. is around $56,400 per year, though it can vary depending on experience, specialty, and location.
Entry-level carpenters might earn closer to $42,800, while master carpenters and finish specialists could see salaries as high as $78,500 or more in high-cost markets like Boston, Seattle, or the San Francisco Bay Area.
When it comes to taxes, carpenters — like all self-employed tradespeople — are responsible for paying both income taxes and self-employment taxes (which cover Social Security and Medicare).
The self-employment tax rate is 15.3%, which consists of 12.4% for Social Security and 2.9% for Medicare.
For income up to $172,000 in 2026, you'll pay the full 15.3%. Income above this threshold is only subject to the 2.9% Medicare portion, with an additional 0.9% for high earners (income above $200,000 for single filers).
Tips, guides and best practices to grow your carpentry business.
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