Can A Carpenter Afford Rent in Riverton, WY?

Comfortably affordable — rent takes 17.4% of gross income.

Riverton rent: April 2026. Salary: BLS OEWS May 2024 (Wyoming state estimate).

Riverton median rent
$833/mo
Carpenter salary (Wyoming)
$57,284/yr
Rent as % of income
17.4%
Gross monthly income works out to about $4,774, and the 30% rule supports up to $1,432/mo in rent. Riverton's median rent of $833 leaves roughly $599/mo of headroom under that threshold. A carpenter works roughly 30.2 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 Wyoming cities have lower median rent than Riverton, which improves the affordability math on a carpenter salary:

Torrington, WY
$763/mo (16% of income)
Rock Springs, WY
$708/mo (14.8% of income)
Torrington, WY
$700/mo (14.7% of income)

Compare with full rent data for Riverton

View full rent data for Riverton, WY

Frequently asked questions

Can a carpenter afford rent in Riverton, WY?

Median rent in Riverton is $833 a month. A typical carpenter in Wyoming earns about $57,284 a year, which makes that rent 17.4% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a carpenter afford in Riverton?

Using the 30% rule, a carpenter salary in Wyoming (~$57,284/yr) supports up to $1,432 a month in rent. Riverton's current median rent is $833/mo, which leaves a $599/mo buffer.

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

At an hourly equivalent of about $28 an hour, a carpenter in Wyoming works roughly 30.2 hours a month to cover Riverton's median rent of $833.

Where is rent cheaper than Riverton for a carpenter?

Nearby Wyoming cities with lower median rent include Torrington ($763/mo), Rock Springs ($708/mo), Torrington ($700/mo). Each shifts the affordability math materially on a carpenter salary.

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