Can A Carpenter Afford Rent in Round Lake, IL?

Rent-burdened — rent takes 45.4% of gross income.

Round Lake rent: June 2026. Salary: BLS OEWS May 2024 (Illinois state estimate).

Round Lake median rent
$2,350/mo
Carpenter salary (Illinois)
$62,159/yr
Rent as % of income
45.4%
Gross monthly income works out to about $5,180, and the 30% rule supports up to $1,554/mo in rent. Round Lake's median rent of $2,350 exceeds that threshold by $796/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 78.6 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 Round Lake, which improves the affordability math on a carpenter salary:

West Dundee, IL
$2,349/mo (45.3% of income)
Elmhurst, IL
$2,349/mo (45.3% of income)
Mundelein, IL
$2,347/mo (45.3% of income)

Compare with full rent data for Round Lake

View full rent data for Round Lake, IL

Frequently asked questions

Can a carpenter afford rent in Round Lake, IL?

Median rent in Round Lake is $2,350 a month. A typical carpenter in Illinois earns about $62,159 a year, which makes that rent 45.4% 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 Round Lake?

Using the 30% rule, a carpenter salary in Illinois (~$62,159/yr) supports up to $1,554 a month in rent. Round Lake's current median rent is $2,350/mo, which is $796/mo over the affordability threshold.

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

At an hourly equivalent of about $30 an hour, a carpenter in Illinois works roughly 78.6 hours a month to cover Round Lake's median rent of $2,350.

Where is rent cheaper than Round Lake for a carpenter?

Nearby Illinois cities with lower median rent include West Dundee ($2,349/mo), Elmhurst ($2,349/mo), Mundelein ($2,347/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 Round Lake, IL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.