Can A Carpenter Afford Rent in Rye, NY?

Rent-burdened — rent takes 146.6% of gross income.

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

Rye median rent
$8,489/mo
Carpenter salary (New York)
$69,472/yr
Rent as % of income
146.6%
Gross monthly income works out to about $5,789, and the 30% rule supports up to $1,737/mo in rent. Rye's median rent of $8,489 exceeds that threshold by $6,752/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 254.2 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 New York cities have lower median rent than Rye, which improves the affordability math on a carpenter salary:

Hampton Bays, NY
$8,296/mo (143.3% of income)
Hampton Bays, NY
$7,804/mo (134.8% of income)
Hampton Bays, NY
$7,728/mo (133.5% of income)

Compare with full rent data for Rye

View full rent data for Rye, NY

Frequently asked questions

Can a carpenter afford rent in Rye, NY?

Median rent in Rye is $8,489 a month. A typical carpenter in New York earns about $69,472 a year, which makes that rent 146.6% 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 Rye?

Using the 30% rule, a carpenter salary in New York (~$69,472/yr) supports up to $1,737 a month in rent. Rye's current median rent is $8,489/mo, which is $6,752/mo over the affordability threshold.

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

At an hourly equivalent of about $33 an hour, a carpenter in New York works roughly 254.2 hours a month to cover Rye's median rent of $8,489.

Where is rent cheaper than Rye for a carpenter?

Nearby New York cities with lower median rent include Hampton Bays ($8,296/mo), Hampton Bays ($7,804/mo), Hampton Bays ($7,728/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 Rye, NY. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.