ROI Major

Carpenters at Des Moines Area Community College

IA · Associate's Degree · CIP 46.02

Apply Now Data: 2026 release

Executive Summary

Graduates with a Carpenters degree from Des Moines Area Community College earn a median salary of $47,119 within five years of graduation. Adjusted for the cost of living in IA, this represents a national purchasing power equivalent of $52,824. The degree typically pays for itself in 14.5 years.

Quick Insights

Slow Burn / High Debt Risk

How this degree looks at a glance

A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.

Salary Ranges

Starting Range

$34,840

Typical Career

$47,119

Top Performers

$59,105

Estimated break-even: 14.5 years.

Debt-to-Income Check

$314

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $3,927. Most students can comfortably afford about a $314 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.2x more than the average US high school graduate and 0.6x more than the average college graduate.

Purchasing Power Context

A dollar in Iowa buys what costs $0.89 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Manufacturing, Retail Trade.

Where Associate's Graduates from This School Work

Health Care & Social Assistance 57.2%
Manufacturing 8.1%
Retail Trade 5.7%

Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.

5-Year Median Salary — National Purchasing Power Equivalent

$52,824

Nominal: $47,119 in Iowa (COL 89.2% of national avg) · 12.1% higher purchasing power

10-Year Earnings Curve

Break-Even Timeline

How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).

14.5 years to break even
Graduation 15 years

Total Investment

$155,168

4yr tuition + 4yr opportunity cost

HS Graduate Baseline

$38,792/yr

BLS 2023 median, HS diploma

View Raw Data: Median Earnings by Year
Timeframe 25th Pct. Median (50th) 75th Pct.
1 Year After Graduation $26,558 $35,102 $45,751
5 Years After Graduation $34,840 $47,119 $59,105
10 Years After Graduation $45,582 $55,817 $63,134

Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).

How We Calculate Purchasing Power

The median salary of $47,119 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IA, which has a cost-of-living index of 89.2% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $47,119 × (1.0 ÷ 0.8920) = $52,824 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

Career Verdict

The earnings trajectory for carpenters graduating from Des Moines Area Community College shows a steady increase over time. One year after graduation, median earnings stand at $35,102, rising to $47,119 after five years, and reaching $55,817 after ten years. When adjusted for purchasing power, the five-year salary equates to approximately $52,824 nationally, indicating that graduates may experience a favorable financial outlook relative to the cost of living in Iowa, which has a cost of living index of 0.892 compared to the national average of 1.0.

Graduates primarily enter the Health Care & Social Assistance industries, with a significant 57.2% of them working in this sector, followed by 24.6% and 23.7% in similar roles. The estimated break-even point for choosing this educational path over a high school-only route is approximately 14.5 years, suggesting that while the initial investment in education may take time to pay off, the long-term earnings potential and job stability in these industries can provide a favorable return on investment.

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Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.