Can A Carpenter Afford Rent in Henrico, VA?

Stretched but workable — rent takes 34.1% of gross income.

Henrico rent: July 2026. Salary: BLS OEWS May 2024 (Virginia state estimate).

Henrico median rent
$1,764/mo
Carpenter salary (Virginia)
$62,159/yr
Rent as % of income
34.1%
Gross monthly income works out to about $5,180, and the 30% rule supports up to $1,554/mo in rent. Henrico's median rent of $1,764 exceeds that threshold by $210/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 59 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 Virginia cities have lower median rent than Henrico, which improves the affordability math on a carpenter salary:

Chester, VA
$1,762/mo (34% of income)
Lakeside, VA
$1,762/mo (34% of income)
Suffolk, VA
$1,761/mo (34% of income)

Compare with full rent data for Henrico

View full rent data for Henrico, VA

Frequently asked questions

Can a carpenter afford rent in Henrico, VA?

Median rent in Henrico is $1,764 a month. A typical carpenter in Virginia earns about $62,159 a year, which makes that rent 34.1% 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 Henrico?

Using the 30% rule, a carpenter salary in Virginia (~$62,159/yr) supports up to $1,554 a month in rent. Henrico's current median rent is $1,764/mo, which is $210/mo over the affordability threshold.

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

At an hourly equivalent of about $30 an hour, a carpenter in Virginia works roughly 59 hours a month to cover Henrico's median rent of $1,764.

Where is rent cheaper than Henrico for a carpenter?

Nearby Virginia cities with lower median rent include Chester ($1,762/mo), Lakeside ($1,762/mo), Suffolk ($1,761/mo). Each shifts the affordability math materially on a carpenter salary.

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