Can A Carpenter Afford Rent in Norwalk, IA?

Comfortably affordable — rent takes 26.5% of gross income.

Norwalk rent: July 2026. Salary: BLS OEWS May 2024 (Iowa state estimate).

Norwalk median rent
$1,237/mo
Carpenter salary (Iowa)
$56,065/yr
Rent as % of income
26.5%
Gross monthly income works out to about $4,672, and the 30% rule supports up to $1,402/mo in rent. Norwalk's median rent of $1,237 leaves roughly $165/mo of headroom under that threshold. A carpenter works roughly 45.9 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 Iowa cities have lower median rent than Norwalk, which improves the affordability math on a carpenter salary:

Coralville, IA
$1,235/mo (26.4% of income)
Urbandale, IA
$1,231/mo (26.3% of income)
Council Bluffs, IA
$1,230/mo (26.3% of income)

Compare with full rent data for Norwalk

View full rent data for Norwalk, IA

Frequently asked questions

Can a carpenter afford rent in Norwalk, IA?

Median rent in Norwalk is $1,237 a month. A typical carpenter in Iowa earns about $56,065 a year, which makes that rent 26.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Norwalk?

Using the 30% rule, a carpenter salary in Iowa (~$56,065/yr) supports up to $1,402 a month in rent. Norwalk's current median rent is $1,237/mo, which leaves a $165/mo buffer.

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

At an hourly equivalent of about $27 an hour, a carpenter in Iowa works roughly 45.9 hours a month to cover Norwalk's median rent of $1,237.

Where is rent cheaper than Norwalk for a carpenter?

Nearby Iowa cities with lower median rent include Coralville ($1,235/mo), Urbandale ($1,231/mo), Council Bluffs ($1,230/mo). Each shifts the affordability math materially on a carpenter salary.

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