Can A Carpenter Afford Rent in Glenwood Springs, CO?

Rent-burdened — rent takes 46.3% of gross income.

Glenwood Springs rent: June 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).

Glenwood Springs median rent
$2,468/mo
Carpenter salary (Colorado)
$63,987/yr
Rent as % of income
46.3%
Gross monthly income works out to about $5,332, and the 30% rule supports up to $1,600/mo in rent. Glenwood Springs's median rent of $2,468 exceeds that threshold by $868/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 80.2 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 Colorado cities have lower median rent than Glenwood Springs, which improves the affordability math on a carpenter salary:

Evergreen, CO
$2,464/mo (46.2% of income)
Highlands Ranch, CO
$2,461/mo (46.2% of income)
Steamboat Springs, CO
$2,459/mo (46.1% of income)

Compare with full rent data for Glenwood Springs

View full rent data for Glenwood Springs, CO

Frequently asked questions

Can a carpenter afford rent in Glenwood Springs, CO?

Median rent in Glenwood Springs is $2,468 a month. A typical carpenter in Colorado earns about $63,987 a year, which makes that rent 46.3% 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 Glenwood Springs?

Using the 30% rule, a carpenter salary in Colorado (~$63,987/yr) supports up to $1,600 a month in rent. Glenwood Springs's current median rent is $2,468/mo, which is $868/mo over the affordability threshold.

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

At an hourly equivalent of about $31 an hour, a carpenter in Colorado works roughly 80.2 hours a month to cover Glenwood Springs's median rent of $2,468.

Where is rent cheaper than Glenwood Springs for a carpenter?

Nearby Colorado cities with lower median rent include Evergreen ($2,464/mo), Highlands Ranch ($2,461/mo), Steamboat Springs ($2,459/mo). Each shifts the affordability math materially on a carpenter salary.

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