Can A Bus Driver Afford Rent in Budd Lake, NJ?
Rent-burdened — rent takes 48.1% of gross income.
Budd Lake rent: June 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).
About rent and a bus driver salary
Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.
Cheaper rent nearby
These New Jersey cities have lower median rent than Budd Lake, which improves the affordability math on a bus driver salary:
Compare with full rent data for Budd Lake
View full rent data for Budd Lake, NJ →Frequently asked questions
Can a bus driver afford rent in Budd Lake, NJ?
Median rent in Budd Lake is $2,324 a month. A typical bus driver in New Jersey earns about $58,038 a year, which makes that rent 48.1% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a bus driver afford in Budd Lake?
Using the 30% rule, a bus driver salary in New Jersey (~$58,038/yr) supports up to $1,451 a month in rent. Budd Lake's current median rent is $2,324/mo, which is $873/mo over the affordability threshold.
How many hours does a bus driver work to cover rent in Budd Lake?
At an hourly equivalent of about $28 an hour, a bus driver in New Jersey works roughly 83.3 hours a month to cover Budd Lake's median rent of $2,324.
Where is rent cheaper than Budd Lake for a bus driver?
Nearby New Jersey cities with lower median rent include Bayonne ($2,323/mo), Kearny ($2,322/mo), Kearny ($2,322/mo). Each shifts the affordability math materially on a bus driver salary.