Can A Carpenter Afford Rent in Marion, IN?

Comfortably affordable — rent takes 19.5% of gross income.

Marion rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

Marion median rent
$913/mo
Carpenter salary (Indiana)
$56,065/yr
Rent as % of income
19.5%
Gross monthly income works out to about $4,672, and the 30% rule supports up to $1,402/mo in rent. Marion's median rent of $913 leaves roughly $489/mo of headroom under that threshold. A carpenter works roughly 33.9 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 Indiana cities have lower median rent than Marion, which improves the affordability math on a carpenter salary:

New Castle, IN
$909/mo (19.5% of income)
New Castle, IN
$907/mo (19.4% of income)
New Castle, IN
$906/mo (19.4% of income)

Compare with full rent data for Marion

View full rent data for Marion, IN

Frequently asked questions

Can a carpenter afford rent in Marion, IN?

Median rent in Marion is $913 a month. A typical carpenter in Indiana earns about $56,065 a year, which makes that rent 19.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Marion?

Using the 30% rule, a carpenter salary in Indiana (~$56,065/yr) supports up to $1,402 a month in rent. Marion's current median rent is $913/mo, which leaves a $489/mo buffer.

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

At an hourly equivalent of about $27 an hour, a carpenter in Indiana works roughly 33.9 hours a month to cover Marion's median rent of $913.

Where is rent cheaper than Marion for a carpenter?

Nearby Indiana cities with lower median rent include New Castle ($909/mo), New Castle ($907/mo), New Castle ($906/mo). Each shifts the affordability math materially on a carpenter salary.

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