Can A Carpenter Afford Rent in Concord, NC?

Stretched but workable — rent takes 38.2% of gross income.

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

Concord median rent
$1,824/mo
Carpenter salary (North Carolina)
$57,284/yr
Rent as % of income
38.2%
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 $1,824 exceeds that threshold by $392/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 66.2 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:

Sneads Ferry, NC
$1,823/mo (38.2% of income)
Candler, NC
$1,823/mo (38.2% of income)
Candler, NC
$1,823/mo (38.2% 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 $1,824 a month. A typical carpenter in North Carolina earns about $57,284 a year, which makes that rent 38.2% 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 $1,824/mo, which is $392/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 66.2 hours a month to cover Concord's median rent of $1,824.

Where is rent cheaper than Concord for a carpenter?

Nearby North Carolina cities with lower median rent include Sneads Ferry ($1,823/mo), Candler ($1,823/mo), Candler ($1,823/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.