Can A Bus Driver Afford Rent in Lakewood, NJ?

Rent-burdened — rent takes 41.8% of gross income.

Lakewood rent: June 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).

Lakewood median rent
$2,021/mo
Bus Driver salary (New Jersey)
$58,038/yr
Rent as % of income
41.8%
Gross monthly income works out to about $4,837, and the 30% rule supports up to $1,451/mo in rent. Lakewood's median rent of $2,021 exceeds that threshold by $570/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 72.4 hours a month to cover that rent.

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 Lakewood, which improves the affordability math on a bus driver salary:

Paterson, NJ
$2,020/mo (41.8% of income)
Vineland, NJ
$2,018/mo (41.7% of income)
Woodbury, NJ
$2,017/mo (41.7% of income)

Compare with full rent data for Lakewood

View full rent data for Lakewood, NJ

Frequently asked questions

Can a bus driver afford rent in Lakewood, NJ?

Median rent in Lakewood is $2,021 a month. A typical bus driver in New Jersey earns about $58,038 a year, which makes that rent 41.8% 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 Lakewood?

Using the 30% rule, a bus driver salary in New Jersey (~$58,038/yr) supports up to $1,451 a month in rent. Lakewood's current median rent is $2,021/mo, which is $570/mo over the affordability threshold.

How many hours does a bus driver work to cover rent in Lakewood?

At an hourly equivalent of about $28 an hour, a bus driver in New Jersey works roughly 72.4 hours a month to cover Lakewood's median rent of $2,021.

Where is rent cheaper than Lakewood for a bus driver?

Nearby New Jersey cities with lower median rent include Paterson ($2,020/mo), Vineland ($2,018/mo), Woodbury ($2,017/mo). Each shifts the affordability math materially on a bus driver salary.

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