Can A Carpenter Afford Rent in Vermillion, SD?

Comfortably affordable — rent takes 17.5% of gross income.

Vermillion rent: May 2026. Salary: BLS OEWS May 2024 (South Dakota state estimate).

Vermillion median rent
$783/mo
Carpenter salary (South Dakota)
$53,627/yr
Rent as % of income
17.5%
Gross monthly income works out to about $4,469, and the 30% rule supports up to $1,341/mo in rent. Vermillion's median rent of $783 leaves roughly $558/mo of headroom under that threshold. A carpenter works roughly 30.4 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.

Compare with full rent data for Vermillion

View full rent data for Vermillion, SD

Frequently asked questions

Can a carpenter afford rent in Vermillion, SD?

Median rent in Vermillion is $783 a month. A typical carpenter in South Dakota earns about $53,627 a year, which makes that rent 17.5% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Vermillion?

Using the 30% rule, a carpenter salary in South Dakota (~$53,627/yr) supports up to $1,341 a month in rent. Vermillion's current median rent is $783/mo, which leaves a $558/mo buffer.

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

At an hourly equivalent of about $26 an hour, a carpenter in South Dakota works roughly 30.4 hours a month to cover Vermillion's median rent of $783.

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