Can A Carpenter Afford Rent in Beloit, WI?

Comfortably affordable — rent takes 26.8% of gross income.

Beloit rent: June 2026. Salary: BLS OEWS May 2024 (Wisconsin state estimate).

Beloit median rent
$1,291/mo
Carpenter salary (Wisconsin)
$57,893/yr
Rent as % of income
26.8%
Gross monthly income works out to about $4,824, and the 30% rule supports up to $1,447/mo in rent. Beloit's median rent of $1,291 leaves roughly $156/mo of headroom under that threshold. A carpenter works roughly 46.4 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 Wisconsin cities have lower median rent than Beloit, which improves the affordability math on a carpenter salary:

Stevens Point, WI
$1,275/mo (26.4% of income)
Chippewa Falls, WI
$1,274/mo (26.4% of income)
Wauwatosa, WI
$1,273/mo (26.4% of income)

Compare with full rent data for Beloit

View full rent data for Beloit, WI

Frequently asked questions

Can a carpenter afford rent in Beloit, WI?

Median rent in Beloit is $1,291 a month. A typical carpenter in Wisconsin earns about $57,893 a year, which makes that rent 26.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Beloit?

Using the 30% rule, a carpenter salary in Wisconsin (~$57,893/yr) supports up to $1,447 a month in rent. Beloit's current median rent is $1,291/mo, which leaves a $156/mo buffer.

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

At an hourly equivalent of about $28 an hour, a carpenter in Wisconsin works roughly 46.4 hours a month to cover Beloit's median rent of $1,291.

Where is rent cheaper than Beloit for a carpenter?

Nearby Wisconsin cities with lower median rent include Stevens Point ($1,275/mo), Chippewa Falls ($1,274/mo), Wauwatosa ($1,273/mo). Each shifts the affordability math materially on a carpenter salary.

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