Can A Carpenter Afford Rent in Woodland Park, CO?

Rent-burdened — rent takes 40.6% of gross income.

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

Woodland Park median rent
$2,165/mo
Carpenter salary (Colorado)
$63,987/yr
Rent as % of income
40.6%
Gross monthly income works out to about $5,332, and the 30% rule supports up to $1,600/mo in rent. Woodland Park's median rent of $2,165 exceeds that threshold by $565/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 70.4 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 Woodland Park, which improves the affordability math on a carpenter salary:

Louisville, CO
$2,162/mo (40.5% of income)
Greenwood Village, CO
$2,160/mo (40.5% of income)
Louisville, CO
$2,158/mo (40.5% of income)

Compare with full rent data for Woodland Park

View full rent data for Woodland Park, CO

Frequently asked questions

Can a carpenter afford rent in Woodland Park, CO?

Median rent in Woodland Park is $2,165 a month. A typical carpenter in Colorado earns about $63,987 a year, which makes that rent 40.6% 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 Woodland Park?

Using the 30% rule, a carpenter salary in Colorado (~$63,987/yr) supports up to $1,600 a month in rent. Woodland Park's current median rent is $2,165/mo, which is $565/mo over the affordability threshold.

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

At an hourly equivalent of about $31 an hour, a carpenter in Colorado works roughly 70.4 hours a month to cover Woodland Park's median rent of $2,165.

Where is rent cheaper than Woodland Park for a carpenter?

Nearby Colorado cities with lower median rent include Louisville ($2,162/mo), Greenwood Village ($2,160/mo), Louisville ($2,158/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 Woodland Park, CO. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.