Can A Carpenter Afford Rent in Clovis, NM?

Comfortably affordable — rent takes 28.8% of gross income.

Clovis rent: September 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).

Clovis median rent
$1,315/mo
Carpenter salary (New Mexico)
$54,846/yr
Rent as % of income
28.8%
Gross monthly income works out to about $4,571, and the 30% rule supports up to $1,371/mo in rent. Clovis's median rent of $1,315 leaves roughly $56/mo of headroom under that threshold. A carpenter works roughly 49.9 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 Mexico cities have lower median rent than Clovis, which improves the affordability math on a carpenter salary:

Hobbs, NM
$1,298/mo (28.4% of income)
Roswell, NM
$1,263/mo (27.6% of income)
Roswell, NM
$1,252/mo (27.4% of income)

Compare with full rent data for Clovis

View full rent data for Clovis, NM →

Frequently asked questions

Can a carpenter afford rent in Clovis, NM?

Median rent in Clovis is $1,315 a month. A typical carpenter in New Mexico earns about $54,846 a year, which makes that rent 28.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Clovis?

Using the 30% rule, a carpenter salary in New Mexico (~$54,846/yr) supports up to $1,371 a month in rent. Clovis's current median rent is $1,315/mo, which leaves a $56/mo buffer.

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

At an hourly equivalent of about $26 an hour, a carpenter in New Mexico works roughly 49.9 hours a month to cover Clovis's median rent of $1,315.

Where is rent cheaper than Clovis for a carpenter?

Nearby New Mexico cities with lower median rent include Hobbs ($1,298/mo), Roswell ($1,263/mo), Roswell ($1,252/mo). Each shifts the affordability math materially on a carpenter salary.

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