Can A Carpenter Afford Rent in Hopewell, VA?
Comfortably affordable — rent takes 25.9% of gross income.
Hopewell rent: July 2026. Salary: BLS OEWS May 2024 (Virginia state estimate).
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 Hopewell, which improves the affordability math on a carpenter salary:
Compare with full rent data for Hopewell
View full rent data for Hopewell, VA →Frequently asked questions
Can a carpenter afford rent in Hopewell, VA?
Median rent in Hopewell is $1,340 a month. A typical carpenter in Virginia earns about $62,159 a year, which makes that rent 25.9% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Hopewell?
Using the 30% rule, a carpenter salary in Virginia (~$62,159/yr) supports up to $1,554 a month in rent. Hopewell's current median rent is $1,340/mo, which leaves a $214/mo buffer.
How many hours does a carpenter work to cover rent in Hopewell?
At an hourly equivalent of about $30 an hour, a carpenter in Virginia works roughly 44.8 hours a month to cover Hopewell's median rent of $1,340.
Where is rent cheaper than Hopewell for a carpenter?
Nearby Virginia cities with lower median rent include Petersburg ($1,337/mo), Petersburg ($1,336/mo), Petersburg ($1,336/mo). Each shifts the affordability math materially on a carpenter salary.