Can A Carpenter Afford Rent in Cherry Hill, NJ?
Rent-burdened — rent takes 40.8% of gross income.
Cherry Hill 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 Cherry Hill, which improves the affordability math on a carpenter salary:
Compare with full rent data for Cherry Hill
View full rent data for Cherry Hill, NJ →Frequently asked questions
Can a carpenter afford rent in Cherry Hill, NJ?
Median rent in Cherry Hill is $2,320 a month. A typical carpenter in New Jersey earns about $68,253 a year, which makes that rent 40.8% 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 Cherry Hill?
Using the 30% rule, a carpenter salary in New Jersey (~$68,253/yr) supports up to $1,706 a month in rent. Cherry Hill's current median rent is $2,320/mo, which is $614/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Cherry Hill?
At an hourly equivalent of about $33 an hour, a carpenter in New Jersey works roughly 70.7 hours a month to cover Cherry Hill's median rent of $2,320.
Where is rent cheaper than Cherry Hill for a carpenter?
Nearby New Jersey cities with lower median rent include Jersey City ($2,319/mo), Roselle ($2,319/mo), Westampton Township ($2,319/mo). Each shifts the affordability math materially on a carpenter salary.