ROI Major

Carpenters at Western Iowa Tech Community College

IA · Associate's Degree · CIP 46.02

Apply Now Data: 2026 release

Executive Summary

Graduates with a Carpenters degree from Western Iowa Tech Community College earn a median salary of $43,433 within five years of graduation. Adjusted for the cost of living in IA, this represents a national purchasing power equivalent of $48,692. The degree typically pays for itself in 17.9 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

$31,578

Typical Career

$43,433

Top Performers

$50,615

Estimated break-even: 17.9 years.

Debt-to-Income Check

$290

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $3,619. Most students can comfortably afford about a $290 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.1x 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 48.1%
Manufacturing 11.5%
Retail Trade 7.4%

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

$48,692

Nominal: $43,433 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).

17.9 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 $23,078 $31,214 $41,695
5 Years After Graduation $31,578 $43,433 $50,615
10 Years After Graduation $41,695 $52,813 $62,571

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 $43,433 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)
= $43,433 × (1.0 ÷ 0.8920) = $48,692 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 Western Iowa Tech Community College shows a steady increase over time. Graduates can expect median earnings of $31,214 one year after graduation, which rises to $43,433 after five years and reaches $52,813 after ten years. When adjusted for purchasing power, the five-year salary aligns with a national equivalent of $48,691.7, indicating that graduates can maintain a competitive standard of living relative to national averages despite the lower cost of living in Iowa.

Graduates primarily enter the Health Care & Social Assistance sectors, with 48.1% of them finding employment in this field, followed by 33.0% and 26.4% in similar roles. The estimated break-even point for those pursuing a carpentry career versus a high-school-only path is approximately 17.9 years, suggesting that while the initial investment in education may take time to recoup, the long-term financial benefits and job stability in growing industries may provide a favorable return on investment.

Compare with Another School

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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.