Can A Carpenter Afford Rent in Siloam Springs, AR?

Stretched but workable — rent takes 32.4% of gross income.

Siloam Springs rent: June 2026. Salary: BLS OEWS May 2024 (Arkansas state estimate).

Siloam Springs median rent
$1,365/mo
Carpenter salary (Arkansas)
$50,580/yr
Rent as % of income
32.4%
Gross monthly income works out to about $4,215, and the 30% rule supports up to $1,265/mo in rent. Siloam Springs's median rent of $1,365 exceeds that threshold by $100/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 56.1 hours a month to cover that rent.

About rent and a carpenter salary

Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.

Cheaper rent nearby

These Arkansas cities have lower median rent than Siloam Springs, which improves the affordability math on a carpenter salary:

Jonesboro, AR
$1,364/mo (32.4% of income)
Jonesboro, AR
$1,364/mo (32.4% of income)
Jonesboro, AR
$1,362/mo (32.3% of income)

Compare with full rent data for Siloam Springs

View full rent data for Siloam Springs, AR

Frequently asked questions

Can a carpenter afford rent in Siloam Springs, AR?

Median rent in Siloam Springs is $1,365 a month. A typical carpenter in Arkansas earns about $50,580 a year, which makes that rent 32.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a carpenter afford in Siloam Springs?

Using the 30% rule, a carpenter salary in Arkansas (~$50,580/yr) supports up to $1,265 a month in rent. Siloam Springs's current median rent is $1,365/mo, which is $100/mo over the affordability threshold.

How many hours does a carpenter work to cover rent in Siloam Springs?

At an hourly equivalent of about $24 an hour, a carpenter in Arkansas works roughly 56.1 hours a month to cover Siloam Springs's median rent of $1,365.

Where is rent cheaper than Siloam Springs for a carpenter?

Nearby Arkansas cities with lower median rent include Jonesboro ($1,364/mo), Jonesboro ($1,364/mo), Jonesboro ($1,362/mo). Each shifts the affordability math materially on a carpenter salary.

Methodology: Salary uses the BLS-derived Arkansas state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Siloam Springs, AR. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.