Can A Carpenter Afford Rent in Richmond, TX?

Stretched but workable — rent takes 35.6% of gross income.

Richmond rent: June 2026. Salary: BLS OEWS May 2024 (Texas state estimate).

Richmond median rent
$1,788/mo
Carpenter salary (Texas)
$60,331/yr
Rent as % of income
35.6%
Gross monthly income works out to about $5,028, and the 30% rule supports up to $1,508/mo in rent. Richmond's median rent of $1,788 exceeds that threshold by $280/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 61.6 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 Texas cities have lower median rent than Richmond, which improves the affordability math on a carpenter salary:

Leander, TX
$1,787/mo (35.5% of income)
Lake Worth, TX
$1,787/mo (35.5% of income)
Kerrville, TX
$1,787/mo (35.5% of income)

Compare with full rent data for Richmond

View full rent data for Richmond, TX

Frequently asked questions

Can a carpenter afford rent in Richmond, TX?

Median rent in Richmond is $1,788 a month. A typical carpenter in Texas earns about $60,331 a year, which makes that rent 35.6% 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 Richmond?

Using the 30% rule, a carpenter salary in Texas (~$60,331/yr) supports up to $1,508 a month in rent. Richmond's current median rent is $1,788/mo, which is $280/mo over the affordability threshold.

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

At an hourly equivalent of about $29 an hour, a carpenter in Texas works roughly 61.6 hours a month to cover Richmond's median rent of $1,788.

Where is rent cheaper than Richmond for a carpenter?

Nearby Texas cities with lower median rent include Leander ($1,787/mo), Lake Worth ($1,787/mo), Kerrville ($1,787/mo). Each shifts the affordability math materially on a carpenter salary.

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