Can A Bus Driver Afford Rent in Palisades Park, NJ?
Rent-burdened — rent takes 56.7% of gross income.
Palisades Park 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 Palisades Park, which improves the affordability math on a bus driver salary:
Compare with full rent data for Palisades Park
View full rent data for Palisades Park, NJ →Frequently asked questions
Can a bus driver afford rent in Palisades Park, NJ?
Median rent in Palisades Park is $2,743 a month. A typical bus driver in New Jersey earns about $58,038 a year, which makes that rent 56.7% 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 Palisades Park?
Using the 30% rule, a bus driver salary in New Jersey (~$58,038/yr) supports up to $1,451 a month in rent. Palisades Park's current median rent is $2,743/mo, which is $1,292/mo over the affordability threshold.
How many hours does a bus driver work to cover rent in Palisades Park?
At an hourly equivalent of about $28 an hour, a bus driver in New Jersey works roughly 98.3 hours a month to cover Palisades Park's median rent of $2,743.
Where is rent cheaper than Palisades Park for a bus driver?
Nearby New Jersey cities with lower median rent include Lyndhurst ($2,742/mo), Long Branch ($2,742/mo), Lyndhurst ($2,742/mo). Each shifts the affordability math materially on a bus driver salary.