Can A Plumber Afford Rent in Speedway, IN?

Stretched but workable — rent takes 32% of gross income.

Speedway rent: June 2026. Salary: BLS OEWS May 2024 (Indiana state estimate).

Speedway median rent
$1,645/mo
Plumber salary (Indiana)
$61,732/yr
Rent as % of income
32%
Gross monthly income works out to about $5,144, and the 30% rule supports up to $1,543/mo in rent. Speedway's median rent of $1,645 exceeds that threshold by $102/mo, putting a plumber salary into the rent-burdened range here. A plumber works roughly 55.4 hours a month to cover that rent.

About rent and a plumber salary

Plumber pay sits comfortably above the US median household income and covers affordable rent in most US metros. At the national-average plumber salary, the 30% rule supports about $1,678 a month in rent. The per-city pages combine local rent with local plumber-pay estimates so renters can see where the math works.

Cheaper rent nearby

These Indiana cities have lower median rent than Speedway, which improves the affordability math on a plumber salary:

Franklin, IN
$1,643/mo (31.9% of income)
Highland, IN
$1,636/mo (31.8% of income)
Charlestown, IN
$1,636/mo (31.8% of income)

Compare with full rent data for Speedway

View full rent data for Speedway, IN

Frequently asked questions

Can a plumber afford rent in Speedway, IN?

Median rent in Speedway is $1,645 a month. A typical plumber in Indiana earns about $61,732 a year, which makes that rent 32% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a plumber afford in Speedway?

Using the 30% rule, a plumber salary in Indiana (~$61,732/yr) supports up to $1,543 a month in rent. Speedway's current median rent is $1,645/mo, which is $102/mo over the affordability threshold.

How many hours does a plumber work to cover rent in Speedway?

At an hourly equivalent of about $30 an hour, a plumber in Indiana works roughly 55.4 hours a month to cover Speedway's median rent of $1,645.

Where is rent cheaper than Speedway for a plumber?

Nearby Indiana cities with lower median rent include Franklin ($1,643/mo), Highland ($1,636/mo), Charlestown ($1,636/mo). Each shifts the affordability math materially on a plumber salary.

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