Can An Electrician Afford Rent in Golden, CO?

Stretched but workable — rent takes 37.5% of gross income.

Golden rent: June 2026. Salary: BLS OEWS May 2024 (Colorado state estimate).

Golden median rent
$2,295/mo
Electrician salary (Colorado)
$73,395/yr
Rent as % of income
37.5%
Gross monthly income works out to about $6,116, and the 30% rule supports up to $1,835/mo in rent. Golden's median rent of $2,295 exceeds that threshold by $460/mo, putting an electrician salary into the rent-burdened range here. An electrician works roughly 65 hours a month to cover that rent.

About rent and an electrician salary

Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.

Cheaper rent nearby

These Colorado cities have lower median rent than Golden, which improves the affordability math on an electrician salary:

Security-Widefield, CO
$2,287/mo (37.4% of income)
Louisville, CO
$2,285/mo (37.4% of income)
Lafayette, CO
$2,283/mo (37.3% of income)

Compare with full rent data for Golden

View full rent data for Golden, CO

Frequently asked questions

Can an electrician afford rent in Golden, CO?

Median rent in Golden is $2,295 a month. A typical electrician in Colorado earns about $73,395 a year, which makes that rent 37.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can an electrician afford in Golden?

Using the 30% rule, an electrician salary in Colorado (~$73,395/yr) supports up to $1,835 a month in rent. Golden's current median rent is $2,295/mo, which is $460/mo over the affordability threshold.

How many hours does an electrician work to cover rent in Golden?

At an hourly equivalent of about $35 an hour, an electrician in Colorado works roughly 65 hours a month to cover Golden's median rent of $2,295.

Where is rent cheaper than Golden for an electrician?

Nearby Colorado cities with lower median rent include Security-Widefield ($2,287/mo), Louisville ($2,285/mo), Lafayette ($2,283/mo). Each shifts the affordability math materially on an electrician salary.

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