Can A Carpenter Afford Rent in Parker, CO?

Rent-burdened — rent takes 43.7% of gross income.

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

Parker median rent
$2,332/mo
Carpenter salary (Colorado)
$63,987/yr
Rent as % of income
43.7%
Gross monthly income works out to about $5,332, and the 30% rule supports up to $1,600/mo in rent. Parker's median rent of $2,332 exceeds that threshold by $732/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 75.8 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 Parker, which improves the affordability math on a carpenter salary:

Windsor, CO
$2,330/mo (43.7% of income)
Windsor, CO
$2,328/mo (43.7% of income)
Windsor, CO
$2,326/mo (43.6% of income)

Compare with full rent data for Parker

View full rent data for Parker, CO

Frequently asked questions

Can a carpenter afford rent in Parker, CO?

Median rent in Parker is $2,332 a month. A typical carpenter in Colorado earns about $63,987 a year, which makes that rent 43.7% 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 Parker?

Using the 30% rule, a carpenter salary in Colorado (~$63,987/yr) supports up to $1,600 a month in rent. Parker's current median rent is $2,332/mo, which is $732/mo over the affordability threshold.

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

At an hourly equivalent of about $31 an hour, a carpenter in Colorado works roughly 75.8 hours a month to cover Parker's median rent of $2,332.

Where is rent cheaper than Parker for a carpenter?

Nearby Colorado cities with lower median rent include Windsor ($2,330/mo), Windsor ($2,328/mo), Windsor ($2,326/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 Parker, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.