Can An Electrician Afford Rent in Olney, MD?
Rent-burdened — rent takes 44.6% of gross income.
Olney 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 Olney, which improves the affordability math on an electrician salary:
Compare with full rent data for Olney
View full rent data for Olney, MD →Frequently asked questions
Can an electrician afford rent in Olney, MD?
Median rent in Olney is $2,803 a month. A typical electrician in Maryland earns about $75,492 a year, which makes that rent 44.6% 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 Olney?
Using the 30% rule, an electrician salary in Maryland (~$75,492/yr) supports up to $1,887 a month in rent. Olney's current median rent is $2,803/mo, which is $916/mo over the affordability threshold.
How many hours does an electrician work to cover rent in Olney?
At an hourly equivalent of about $36 an hour, an electrician in Maryland works roughly 77.2 hours a month to cover Olney's median rent of $2,803.
Where is rent cheaper than Olney for an electrician?
Nearby Maryland cities with lower median rent include Derwood ($2,797/mo), Derwood ($2,788/mo), Chevy Chase ($2,788/mo). Each shifts the affordability math materially on an electrician salary.