Can A Carpenter Afford Rent in Meridian, CO?

Stretched but workable — rent takes 36.4% of gross income.

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

Meridian median rent
$1,940/mo
Carpenter salary (Colorado)
$63,987/yr
Rent as % of income
36.4%
Gross monthly income works out to about $5,332, and the 30% rule supports up to $1,600/mo in rent. Meridian's median rent of $1,940 exceeds that threshold by $340/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 63.1 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 Colorado cities have lower median rent than Meridian, which improves the affordability math on a carpenter salary:

Greenwood Village, CO
$1,939/mo (36.4% of income)
Lone Tree, CO
$1,938/mo (36.3% of income)
Fort Collins, CO
$1,938/mo (36.3% of income)

Compare with full rent data for Meridian

View full rent data for Meridian, CO

Frequently asked questions

Can a carpenter afford rent in Meridian, CO?

Median rent in Meridian is $1,940 a month. A typical carpenter in Colorado earns about $63,987 a year, which makes that rent 36.4% 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 Meridian?

Using the 30% rule, a carpenter salary in Colorado (~$63,987/yr) supports up to $1,600 a month in rent. Meridian's current median rent is $1,940/mo, which is $340/mo over the affordability threshold.

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

At an hourly equivalent of about $31 an hour, a carpenter in Colorado works roughly 63.1 hours a month to cover Meridian's median rent of $1,940.

Where is rent cheaper than Meridian for a carpenter?

Nearby Colorado cities with lower median rent include Greenwood Village ($1,939/mo), Lone Tree ($1,938/mo), Fort Collins ($1,938/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 Meridian, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.