Can A Welder Afford Rent in Richmond, KY?

Stretched but workable — rent takes 31.3% of gross income.

Richmond rent: July 2026. Salary: BLS OEWS May 2024 (Kentucky state estimate).

Richmond median rent
$1,179/mo
Welder salary (Kentucky)
$45,241/yr
Rent as % of income
31.3%
Gross monthly income works out to about $3,770, and the 30% rule supports up to $1,131/mo in rent. Richmond's median rent of $1,179 exceeds that threshold by $48/mo, putting a welder salary into the rent-burdened range here. A welder works roughly 54.2 hours a month to cover that rent.

About rent and a welder salary

Welder pay tracks the US median household income closely. Pipeline and underwater welders earn materially more. At the national-average welder salary, the 30% rule supports about $1,285 a month in rent.

Cheaper rent nearby

These Kentucky cities have lower median rent than Richmond, which improves the affordability math on a welder salary:

Morehead, KY
$1,165/mo (30.9% of income)
Paducah, KY
$1,164/mo (30.9% of income)
Oak Grove, KY
$1,163/mo (30.8% of income)

Compare with full rent data for Richmond

View full rent data for Richmond, KY

Frequently asked questions

Can a welder afford rent in Richmond, KY?

Median rent in Richmond is $1,179 a month. A typical welder in Kentucky earns about $45,241 a year, which makes that rent 31.3% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a welder afford in Richmond?

Using the 30% rule, a welder salary in Kentucky (~$45,241/yr) supports up to $1,131 a month in rent. Richmond's current median rent is $1,179/mo, which is $48/mo over the affordability threshold.

How many hours does a welder work to cover rent in Richmond?

At an hourly equivalent of about $22 an hour, a welder in Kentucky works roughly 54.2 hours a month to cover Richmond's median rent of $1,179.

Where is rent cheaper than Richmond for a welder?

Nearby Kentucky cities with lower median rent include Morehead ($1,165/mo), Paducah ($1,164/mo), Oak Grove ($1,163/mo). Each shifts the affordability math materially on a welder salary.

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