Can A Carpenter Afford Rent in Palmyra, VA?
Stretched but workable — rent takes 38.6% of gross income.
Palmyra 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 Palmyra, which improves the affordability math on a carpenter salary:
Compare with full rent data for Palmyra
View full rent data for Palmyra, VA →Frequently asked questions
Can a carpenter afford rent in Palmyra, VA?
Median rent in Palmyra is $2,000 a month. A typical carpenter in Virginia earns about $62,159 a year, which makes that rent 38.6% 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 Palmyra?
Using the 30% rule, a carpenter salary in Virginia (~$62,159/yr) supports up to $1,554 a month in rent. Palmyra's current median rent is $2,000/mo, which is $446/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Palmyra?
At an hourly equivalent of about $30 an hour, a carpenter in Virginia works roughly 66.9 hours a month to cover Palmyra's median rent of $2,000.
Where is rent cheaper than Palmyra for a carpenter?
Nearby Virginia cities with lower median rent include Suffolk ($1,999/mo), Williamsburg ($1,995/mo), Culpeper ($1,993/mo). Each shifts the affordability math materially on a carpenter salary.