Can A Carpenter Afford Rent in Stoneham, MA?
Rent-burdened — rent takes 51.3% of gross income.
Stoneham rent: July 2026. Salary: BLS OEWS May 2024 (Massachusetts 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 Massachusetts cities have lower median rent than Stoneham, which improves the affordability math on a carpenter salary:
Compare with full rent data for Stoneham
View full rent data for Stoneham, MA →Frequently asked questions
Can a carpenter afford rent in Stoneham, MA?
Median rent in Stoneham is $3,023 a month. A typical carpenter in Massachusetts earns about $70,690 a year, which makes that rent 51.3% 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 Stoneham?
Using the 30% rule, a carpenter salary in Massachusetts (~$70,690/yr) supports up to $1,767 a month in rent. Stoneham's current median rent is $3,023/mo, which is $1,256/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Stoneham?
At an hourly equivalent of about $34 an hour, a carpenter in Massachusetts works roughly 88.9 hours a month to cover Stoneham's median rent of $3,023.
Where is rent cheaper than Stoneham for a carpenter?
Nearby Massachusetts cities with lower median rent include Swampscott ($3,021/mo), Watertown ($3,019/mo), Marblehead ($3,016/mo). Each shifts the affordability math materially on a carpenter salary.