Can An Electrician Afford Rent in New Market, MD?
Rent-burdened — rent takes 40.4% of gross income.
New Market rent: June 2026. Salary: BLS OEWS May 2024 (Maryland state estimate).
About rent and an electrician salary
Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.
Cheaper rent nearby
These Maryland cities have lower median rent than New Market, which improves the affordability math on an electrician salary:
Compare with full rent data for New Market
View full rent data for New Market, MD →Frequently asked questions
Can an electrician afford rent in New Market, MD?
Median rent in New Market is $2,544 a month. A typical electrician in Maryland earns about $75,492 a year, which makes that rent 40.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can an electrician afford in New Market?
Using the 30% rule, an electrician salary in Maryland (~$75,492/yr) supports up to $1,887 a month in rent. New Market's current median rent is $2,544/mo, which is $657/mo over the affordability threshold.
How many hours does an electrician work to cover rent in New Market?
At an hourly equivalent of about $36 an hour, an electrician in Maryland works roughly 70.1 hours a month to cover New Market's median rent of $2,544.
Where is rent cheaper than New Market for an electrician?
Nearby Maryland cities with lower median rent include California ($2,542/mo), Chevy Chase ($2,542/mo), Chevy Chase ($2,541/mo). Each shifts the affordability math materially on an electrician salary.