Can A Carpenter Afford Rent in Powell, TN?

Rent-burdened — rent takes 44.4% of gross income.

Powell rent: June 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).

Powell median rent
$2,075/mo
Carpenter salary (Tennessee)
$56,065/yr
Rent as % of income
44.4%
Gross monthly income works out to about $4,672, and the 30% rule supports up to $1,402/mo in rent. Powell's median rent of $2,075 exceeds that threshold by $673/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 77 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 Tennessee cities have lower median rent than Powell, which improves the affordability math on a carpenter salary:

La Vergne, TN
$2,073/mo (44.4% of income)
Thompsons Station, TN
$2,070/mo (44.3% of income)
Franklin, TN
$2,065/mo (44.2% of income)

Compare with full rent data for Powell

View full rent data for Powell, TN

Frequently asked questions

Can a carpenter afford rent in Powell, TN?

Median rent in Powell is $2,075 a month. A typical carpenter in Tennessee earns about $56,065 a year, which makes that rent 44.4% 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 Powell?

Using the 30% rule, a carpenter salary in Tennessee (~$56,065/yr) supports up to $1,402 a month in rent. Powell's current median rent is $2,075/mo, which is $673/mo over the affordability threshold.

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

At an hourly equivalent of about $27 an hour, a carpenter in Tennessee works roughly 77 hours a month to cover Powell's median rent of $2,075.

Where is rent cheaper than Powell for a carpenter?

Nearby Tennessee cities with lower median rent include La Vergne ($2,073/mo), Thompsons Station ($2,070/mo), Franklin ($2,065/mo). Each shifts the affordability math materially on a carpenter salary.

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