Can A Carpenter Afford Rent in Bangor, ME?

Stretched but workable — rent takes 32% of gross income.

Bangor rent: September 2026. Salary: BLS OEWS May 2024 (Maine state estimate).

Bangor median rent
$1,509/mo
Carpenter salary (Maine)
$56,674/yr
Rent as % of income
32%
Gross monthly income works out to about $4,723, and the 30% rule supports up to $1,417/mo in rent. Bangor's median rent of $1,509 exceeds that threshold by $92/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 55.4 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 Maine cities have lower median rent than Bangor, which improves the affordability math on a carpenter salary:

Augusta, ME
$1,504/mo (31.8% of income)
Augusta, ME
$1,492/mo (31.6% of income)
Augusta, ME
$1,492/mo (31.6% of income)

Compare with full rent data for Bangor

View full rent data for Bangor, ME →

Frequently asked questions

Can a carpenter afford rent in Bangor, ME?

Median rent in Bangor is $1,509 a month. A typical carpenter in Maine earns about $56,674 a year, which makes that rent 32% 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 Bangor?

Using the 30% rule, a carpenter salary in Maine (~$56,674/yr) supports up to $1,417 a month in rent. Bangor's current median rent is $1,509/mo, which is $92/mo over the affordability threshold.

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

At an hourly equivalent of about $27 an hour, a carpenter in Maine works roughly 55.4 hours a month to cover Bangor's median rent of $1,509.

Where is rent cheaper than Bangor for a carpenter?

Nearby Maine cities with lower median rent include Augusta ($1,504/mo), Augusta ($1,492/mo), Augusta ($1,492/mo). Each shifts the affordability math materially on a carpenter salary.

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