Can A Carpenter Afford Rent in Asbury Park, NJ?
Rent-burdened — rent takes 50.5% of gross income.
Asbury Park rent: June 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).
About rent and a carpenter salary
Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.
Cheaper rent nearby
These New Jersey cities have lower median rent than Asbury Park, which improves the affordability math on a carpenter salary:
Compare with full rent data for Asbury Park
View full rent data for Asbury Park, NJ →Frequently asked questions
Can a carpenter afford rent in Asbury Park, NJ?
Median rent in Asbury Park is $2,872 a month. A typical carpenter in New Jersey earns about $68,253 a year, which makes that rent 50.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a carpenter afford in Asbury Park?
Using the 30% rule, a carpenter salary in New Jersey (~$68,253/yr) supports up to $1,706 a month in rent. Asbury Park's current median rent is $2,872/mo, which is $1,166/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Asbury Park?
At an hourly equivalent of about $33 an hour, a carpenter in New Jersey works roughly 87.5 hours a month to cover Asbury Park's median rent of $2,872.
Where is rent cheaper than Asbury Park for a carpenter?
Nearby New Jersey cities with lower median rent include Pine Brook ($2,871/mo), Pine Brook ($2,869/mo), Morristown ($2,868/mo). Each shifts the affordability math materially on a carpenter salary.