Can A Carpenter Afford Rent in Latham, NY?

Stretched but workable — rent takes 35.4% of gross income.

Latham rent: June 2026. Salary: BLS OEWS May 2024 (New York state estimate).

Latham median rent
$2,049/mo
Carpenter salary (New York)
$69,472/yr
Rent as % of income
35.4%
Gross monthly income works out to about $5,789, and the 30% rule supports up to $1,737/mo in rent. Latham's median rent of $2,049 exceeds that threshold by $312/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 61.3 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 York cities have lower median rent than Latham, which improves the affordability math on a carpenter salary:

Middletown, NY
$2,048/mo (35.4% of income)
Yonkers, NY
$2,042/mo (35.3% of income)
Kingston, NY
$2,041/mo (35.3% of income)

Compare with full rent data for Latham

View full rent data for Latham, NY

Frequently asked questions

Can a carpenter afford rent in Latham, NY?

Median rent in Latham is $2,049 a month. A typical carpenter in New York earns about $69,472 a year, which makes that rent 35.4% 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 Latham?

Using the 30% rule, a carpenter salary in New York (~$69,472/yr) supports up to $1,737 a month in rent. Latham's current median rent is $2,049/mo, which is $312/mo over the affordability threshold.

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

At an hourly equivalent of about $33 an hour, a carpenter in New York works roughly 61.3 hours a month to cover Latham's median rent of $2,049.

Where is rent cheaper than Latham for a carpenter?

Nearby New York cities with lower median rent include Middletown ($2,048/mo), Yonkers ($2,042/mo), Kingston ($2,041/mo). Each shifts the affordability math materially on a carpenter salary.

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