Can A Carpenter Afford Rent in Madison, MS?
Rent-burdened — rent takes 58.9% of gross income.
Madison rent: June 2026. Salary: BLS OEWS May 2024 (Mississippi 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 Mississippi cities have lower median rent than Madison, which improves the affordability math on a carpenter salary:
Compare with full rent data for Madison
View full rent data for Madison, MS →Frequently asked questions
Can a carpenter afford rent in Madison, MS?
Median rent in Madison is $2,422 a month. A typical carpenter in Mississippi earns about $49,361 a year, which makes that rent 58.9% 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 Madison?
Using the 30% rule, a carpenter salary in Mississippi (~$49,361/yr) supports up to $1,234 a month in rent. Madison's current median rent is $2,422/mo, which is $1,188/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Madison?
At an hourly equivalent of about $24 an hour, a carpenter in Mississippi works roughly 102.1 hours a month to cover Madison's median rent of $2,422.
Where is rent cheaper than Madison for a carpenter?
Nearby Mississippi cities with lower median rent include Oxford ($2,376/mo), Oxford ($2,304/mo), Hernando ($2,261/mo). Each shifts the affordability math materially on a carpenter salary.