Can A Carpenter Afford Rent in Hopkins, MN?
Comfortably affordable — rent takes 30% of gross income.
Hopkins rent: July 2026. Salary: BLS OEWS May 2024 (Minnesota 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 Minnesota cities have lower median rent than Hopkins, which improves the affordability math on a carpenter salary:
Compare with full rent data for Hopkins
View full rent data for Hopkins, MN →Frequently asked questions
Can a carpenter afford rent in Hopkins, MN?
Median rent in Hopkins is $1,584 a month. A typical carpenter in Minnesota earns about $63,378 a year, which makes that rent 30% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Hopkins?
Using the 30% rule, a carpenter salary in Minnesota (~$63,378/yr) supports up to $1,584 a month in rent. Hopkins's current median rent is $1,584/mo, which is $0/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Hopkins?
At an hourly equivalent of about $30 an hour, a carpenter in Minnesota works roughly 52 hours a month to cover Hopkins's median rent of $1,584.
Where is rent cheaper than Hopkins for a carpenter?
Nearby Minnesota cities with lower median rent include Forest Lake ($1,583/mo), Eagan ($1,582/mo), Columbia Heights ($1,581/mo). Each shifts the affordability math materially on a carpenter salary.