Can A Carpenter Afford Rent in Collingswood, NJ?
Comfortably affordable — rent takes 27.9% of gross income.
Collingswood rent: July 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 Collingswood, which improves the affordability math on a carpenter salary:
Compare with full rent data for Collingswood
View full rent data for Collingswood, NJ →Frequently asked questions
Can a carpenter afford rent in Collingswood, NJ?
Median rent in Collingswood is $1,588 a month. A typical carpenter in New Jersey earns about $68,253 a year, which makes that rent 27.9% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a carpenter afford in Collingswood?
Using the 30% rule, a carpenter salary in New Jersey (~$68,253/yr) supports up to $1,706 a month in rent. Collingswood's current median rent is $1,588/mo, which leaves a $118/mo buffer.
How many hours does a carpenter work to cover rent in Collingswood?
At an hourly equivalent of about $33 an hour, a carpenter in New Jersey works roughly 48.4 hours a month to cover Collingswood's median rent of $1,588.
Where is rent cheaper than Collingswood for a carpenter?
Nearby New Jersey cities with lower median rent include Millville ($1,586/mo), Millville ($1,586/mo), Millville ($1,582/mo). Each shifts the affordability math materially on a carpenter salary.