Can A Carpenter Afford Rent in Troy, IL?
Comfortably affordable — rent takes 27.5% of gross income.
Troy rent: June 2026. Salary: BLS OEWS May 2024 (Illinois state estimate).
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 Troy, which improves the affordability math on a carpenter salary:
Compare with full rent data for Troy
View full rent data for Troy, IL →Frequently asked questions
Can a carpenter afford rent in Troy, IL?
Median rent in Troy is $1,425 a month. A typical carpenter in Illinois earns about $62,159 a year, which makes that rent 27.5% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Troy?
Using the 30% rule, a carpenter salary in Illinois (~$62,159/yr) supports up to $1,554 a month in rent. Troy's current median rent is $1,425/mo, which leaves a $129/mo buffer.
How many hours does a carpenter work to cover rent in Troy?
At an hourly equivalent of about $30 an hour, a carpenter in Illinois works roughly 47.7 hours a month to cover Troy's median rent of $1,425.
Where is rent cheaper than Troy for a carpenter?
Nearby Illinois cities with lower median rent include Champaign ($1,424/mo), Swansea ($1,424/mo), Maywood ($1,424/mo). Each shifts the affordability math materially on a carpenter salary.