Can A Carpenter Afford Rent in Concord, NC?

Stretched but workable — rent takes 37.8% of gross income.

Concord rent: June 2026. Salary: BLS OEWS May 2024 (North Carolina state estimate).

Concord median rent
$1,805/mo
Carpenter salary (North Carolina)
$57,284/yr
Rent as % of income
37.8%
Gross monthly income works out to about $4,774, and the 30% rule supports up to $1,432/mo in rent. Concord's median rent of $1,805 exceeds that threshold by $373/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 65.5 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 North Carolina cities have lower median rent than Concord, which improves the affordability math on a carpenter salary:

Mint Hill, NC
$1,804/mo (37.8% of income)
Mount Holly, NC
$1,804/mo (37.8% of income)
Wake Forest, NC
$1,804/mo (37.8% of income)

Compare with full rent data for Concord

View full rent data for Concord, NC

Frequently asked questions

Can a carpenter afford rent in Concord, NC?

Median rent in Concord is $1,805 a month. A typical carpenter in North Carolina earns about $57,284 a year, which makes that rent 37.8% 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 Concord?

Using the 30% rule, a carpenter salary in North Carolina (~$57,284/yr) supports up to $1,432 a month in rent. Concord's current median rent is $1,805/mo, which is $373/mo over the affordability threshold.

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

At an hourly equivalent of about $28 an hour, a carpenter in North Carolina works roughly 65.5 hours a month to cover Concord's median rent of $1,805.

Where is rent cheaper than Concord for a carpenter?

Nearby North Carolina cities with lower median rent include Mint Hill ($1,804/mo), Mount Holly ($1,804/mo), Wake Forest ($1,804/mo). Each shifts the affordability math materially on a carpenter salary.

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