Can A Carpenter Afford Rent in Hanover, MA?

Rent-burdened — rent takes 51.6% of gross income.

Hanover rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).

Hanover median rent
$3,042/mo
Carpenter salary (Massachusetts)
$70,690/yr
Rent as % of income
51.6%
Gross monthly income works out to about $5,891, and the 30% rule supports up to $1,767/mo in rent. Hanover's median rent of $3,042 exceeds that threshold by $1,275/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 89.5 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 Massachusetts cities have lower median rent than Hanover, which improves the affordability math on a carpenter salary:

Bedford, MA
$3,037/mo (51.6% of income)
Watertown, MA
$3,036/mo (51.5% of income)
Waltham, MA
$3,035/mo (51.5% of income)

Compare with full rent data for Hanover

View full rent data for Hanover, MA

Frequently asked questions

Can a carpenter afford rent in Hanover, MA?

Median rent in Hanover is $3,042 a month. A typical carpenter in Massachusetts earns about $70,690 a year, which makes that rent 51.6% 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 Hanover?

Using the 30% rule, a carpenter salary in Massachusetts (~$70,690/yr) supports up to $1,767 a month in rent. Hanover's current median rent is $3,042/mo, which is $1,275/mo over the affordability threshold.

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

At an hourly equivalent of about $34 an hour, a carpenter in Massachusetts works roughly 89.5 hours a month to cover Hanover's median rent of $3,042.

Where is rent cheaper than Hanover for a carpenter?

Nearby Massachusetts cities with lower median rent include Bedford ($3,037/mo), Watertown ($3,036/mo), Waltham ($3,035/mo). Each shifts the affordability math materially on a carpenter salary.

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