Can A Carpenter Afford Rent in Salem, NH?

Rent-burdened — rent takes 49.5% of gross income.

Salem rent: June 2026. Salary: BLS OEWS May 2024 (New Hampshire state estimate).

Salem median rent
$2,591/mo
Carpenter salary (New Hampshire)
$62,768/yr
Rent as % of income
49.5%
Gross monthly income works out to about $5,231, and the 30% rule supports up to $1,569/mo in rent. Salem's median rent of $2,591 exceeds that threshold by $1,022/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 85.9 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 New Hampshire cities have lower median rent than Salem, which improves the affordability math on a carpenter salary:

Portsmouth, NH
$2,590/mo (49.5% of income)
Portsmouth, NH
$2,590/mo (49.5% of income)
Portsmouth, NH
$2,585/mo (49.4% of income)

Compare with full rent data for Salem

View full rent data for Salem, NH

Frequently asked questions

Can a carpenter afford rent in Salem, NH?

Median rent in Salem is $2,591 a month. A typical carpenter in New Hampshire earns about $62,768 a year, which makes that rent 49.5% 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 Salem?

Using the 30% rule, a carpenter salary in New Hampshire (~$62,768/yr) supports up to $1,569 a month in rent. Salem's current median rent is $2,591/mo, which is $1,022/mo over the affordability threshold.

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

At an hourly equivalent of about $30 an hour, a carpenter in New Hampshire works roughly 85.9 hours a month to cover Salem's median rent of $2,591.

Where is rent cheaper than Salem for a carpenter?

Nearby New Hampshire cities with lower median rent include Portsmouth ($2,590/mo), Portsmouth ($2,590/mo), Portsmouth ($2,585/mo). Each shifts the affordability math materially on a carpenter salary.

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