Can A Carpenter Afford Rent in Elmwood Park, IL?

Stretched but workable — rent takes 32.3% of gross income.

Elmwood Park rent: June 2026. Salary: BLS OEWS May 2024 (Illinois state estimate).

Elmwood Park median rent
$1,671/mo
Carpenter salary (Illinois)
$62,159/yr
Rent as % of income
32.3%
Gross monthly income works out to about $5,180, and the 30% rule supports up to $1,554/mo in rent. Elmwood Park's median rent of $1,671 exceeds that threshold by $117/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 55.9 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 Illinois cities have lower median rent than Elmwood Park, which improves the affordability math on a carpenter salary:

Washington, IL
$1,670/mo (32.2% of income)
O Fallon, IL
$1,669/mo (32.2% of income)
O Fallon, IL
$1,668/mo (32.2% of income)

Compare with full rent data for Elmwood Park

View full rent data for Elmwood Park, IL

Frequently asked questions

Can a carpenter afford rent in Elmwood Park, IL?

Median rent in Elmwood Park is $1,671 a month. A typical carpenter in Illinois earns about $62,159 a year, which makes that rent 32.3% 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 Elmwood Park?

Using the 30% rule, a carpenter salary in Illinois (~$62,159/yr) supports up to $1,554 a month in rent. Elmwood Park's current median rent is $1,671/mo, which is $117/mo over the affordability threshold.

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

At an hourly equivalent of about $30 an hour, a carpenter in Illinois works roughly 55.9 hours a month to cover Elmwood Park's median rent of $1,671.

Where is rent cheaper than Elmwood Park for a carpenter?

Nearby Illinois cities with lower median rent include Washington ($1,670/mo), O Fallon ($1,669/mo), O Fallon ($1,668/mo). Each shifts the affordability math materially on a carpenter salary.

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