Can A Carpenter Afford Rent in Red Bank, TN?

Comfortably affordable — rent takes 29.4% of gross income.

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

Red Bank median rent
$1,374/mo
Carpenter salary (Tennessee)
$56,065/yr
Rent as % of income
29.4%
Gross monthly income works out to about $4,672, and the 30% rule supports up to $1,402/mo in rent. Red Bank's median rent of $1,374 leaves roughly $28/mo of headroom under that threshold. A carpenter works roughly 51 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 Red Bank, which improves the affordability math on a carpenter salary:

Bristol, TN
$1,373/mo (29.4% of income)
Cleveland, TN
$1,373/mo (29.4% of income)
Clarksville, TN
$1,373/mo (29.4% of income)

Compare with full rent data for Red Bank

View full rent data for Red Bank, TN

Frequently asked questions

Can a carpenter afford rent in Red Bank, TN?

Median rent in Red Bank is $1,374 a month. A typical carpenter in Tennessee earns about $56,065 a year, which makes that rent 29.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Red Bank?

Using the 30% rule, a carpenter salary in Tennessee (~$56,065/yr) supports up to $1,402 a month in rent. Red Bank's current median rent is $1,374/mo, which leaves a $28/mo buffer.

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

At an hourly equivalent of about $27 an hour, a carpenter in Tennessee works roughly 51 hours a month to cover Red Bank's median rent of $1,374.

Where is rent cheaper than Red Bank for a carpenter?

Nearby Tennessee cities with lower median rent include Bristol ($1,373/mo), Cleveland ($1,373/mo), Clarksville ($1,373/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 Red Bank, TN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.