Can A Carpenter Afford Rent in Medford Township, NJ?
Rent-burdened — rent takes 42.9% of gross income.
Medford Township 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 Medford Township, which improves the affordability math on a carpenter salary:
Compare with full rent data for Medford Township
View full rent data for Medford Township, NJ →Frequently asked questions
Can a carpenter afford rent in Medford Township, NJ?
Median rent in Medford Township is $2,441 a month. A typical carpenter in New Jersey earns about $68,253 a year, which makes that rent 42.9% 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 Medford Township?
Using the 30% rule, a carpenter salary in New Jersey (~$68,253/yr) supports up to $1,706 a month in rent. Medford Township's current median rent is $2,441/mo, which is $735/mo over the affordability threshold.
How many hours does a carpenter work to cover rent in Medford Township?
At an hourly equivalent of about $33 an hour, a carpenter in New Jersey works roughly 74.4 hours a month to cover Medford Township's median rent of $2,441.
Where is rent cheaper than Medford Township for a carpenter?
Nearby New Jersey cities with lower median rent include Union ($2,440/mo), Hawthorne ($2,440/mo), Keansburg ($2,440/mo). Each shifts the affordability math materially on a carpenter salary.