Can A Carpenter Afford Rent in Belmar, NJ?

Rent-burdened — rent takes 90.8% of gross income.

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

Belmar median rent
$5,165/mo
Carpenter salary (New Jersey)
$68,253/yr
Rent as % of income
90.8%
Gross monthly income works out to about $5,688, and the 30% rule supports up to $1,706/mo in rent. Belmar's median rent of $5,165 exceeds that threshold by $3,459/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 157.4 hours a month to cover that rent.

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 Belmar, which improves the affordability math on a carpenter salary:

Spring Lake, NJ
$5,100/mo (89.7% of income)
Monmouth Beach, NJ
$4,800/mo (84.4% of income)
Millburn, NJ
$4,650/mo (81.8% of income)

Compare with full rent data for Belmar

View full rent data for Belmar, NJ

Frequently asked questions

Can a carpenter afford rent in Belmar, NJ?

Median rent in Belmar is $5,165 a month. A typical carpenter in New Jersey earns about $68,253 a year, which makes that rent 90.8% 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 Belmar?

Using the 30% rule, a carpenter salary in New Jersey (~$68,253/yr) supports up to $1,706 a month in rent. Belmar's current median rent is $5,165/mo, which is $3,459/mo over the affordability threshold.

How many hours does a carpenter work to cover rent in Belmar?

At an hourly equivalent of about $33 an hour, a carpenter in New Jersey works roughly 157.4 hours a month to cover Belmar's median rent of $5,165.

Where is rent cheaper than Belmar for a carpenter?

Nearby New Jersey cities with lower median rent include Spring Lake ($5,100/mo), Monmouth Beach ($4,800/mo), Millburn ($4,650/mo). Each shifts the affordability math materially on a carpenter salary.

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