Dallas is the least expensive city of any of the markets we studied, and all four positions are tracking ahead of cost of living by varying degrees. However, expenses are rising quickly in Dallas as the area undergoes massive growth. In 2017, Dallas-Fort Worth saw the biggest population increase of any metro area in the United States.
Salaries follow the career ladder in Dallas, although carpenters are paid about the same regardless of their experience. Another anomaly is the slight drop for leads and production managers with more than 10 years’ experience.
The message in mixed in Dallas. Carpenters and leads with job-related education do extraordinarily well, earning 31% and 28% more, respectively, than their non-credentialed counterparts. (Only carpenters in Minneapolis fare better.) However, credentialed project and production managers earn less than their counterparts.
After an average increase of just 0.8% in 2016, Dallas wages shot up 3.9% overall in 2017 and are projected to increase an additional 4.7% in 2019. That would bring the total increase in Dallas to 10% since 2015, second only to San Francisco.
When it comes to benefits, Dallas falls behind the other markets. The metro area is seventh out of nine in offering paid time off, and last for 401(k) and medical insurance. Gas allowances and company vehicles are offered by a below-average number of remodelers as well.