Can A Carpenter Afford Rent in Granby, CO?

Rent-burdened — rent takes 62.2% of gross income.

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

Granby median rent
$3,317/mo
Carpenter salary (Colorado)
$63,987/yr
Rent as % of income
62.2%
Gross monthly income works out to about $5,332, and the 30% rule supports up to $1,600/mo in rent. Granby's median rent of $3,317 exceeds that threshold by $1,717/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 107.8 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 Granby, which improves the affordability math on a carpenter salary:

Silverthorne, CO
$3,307/mo (62% of income)
Silverthorne, CO
$3,288/mo (61.7% of income)
Steamboat Springs, CO
$3,267/mo (61.3% of income)

Compare with full rent data for Granby

View full rent data for Granby, CO

Frequently asked questions

Can a carpenter afford rent in Granby, CO?

Median rent in Granby is $3,317 a month. A typical carpenter in Colorado earns about $63,987 a year, which makes that rent 62.2% 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 Granby?

Using the 30% rule, a carpenter salary in Colorado (~$63,987/yr) supports up to $1,600 a month in rent. Granby's current median rent is $3,317/mo, which is $1,717/mo over the affordability threshold.

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

At an hourly equivalent of about $31 an hour, a carpenter in Colorado works roughly 107.8 hours a month to cover Granby's median rent of $3,317.

Where is rent cheaper than Granby for a carpenter?

Nearby Colorado cities with lower median rent include Silverthorne ($3,307/mo), Silverthorne ($3,288/mo), Steamboat Springs ($3,267/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 Granby, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.