Can An Electrician Afford Rent in Carteret, NJ?
Stretched but workable — rent takes 37.7% of gross income.
Carteret rent: July 2026. Salary: BLS OEWS May 2024 (New Jersey 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 New Jersey cities have lower median rent than Carteret, which improves the affordability math on an electrician salary:
Compare with full rent data for Carteret
View full rent data for Carteret, NJ →Frequently asked questions
Can an electrician afford rent in Carteret, NJ?
Median rent in Carteret is $2,457 a month. A typical electrician in New Jersey earns about $78,288 a year, which makes that rent 37.7% 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 Carteret?
Using the 30% rule, an electrician salary in New Jersey (~$78,288/yr) supports up to $1,957 a month in rent. Carteret's current median rent is $2,457/mo, which is $500/mo over the affordability threshold.
How many hours does an electrician work to cover rent in Carteret?
At an hourly equivalent of about $38 an hour, an electrician in New Jersey works roughly 65.3 hours a month to cover Carteret's median rent of $2,457.
Where is rent cheaper than Carteret for an electrician?
Nearby New Jersey cities with lower median rent include Monmouth Junction ($2,455/mo), Dunellen ($2,455/mo), Monmouth Junction ($2,454/mo). Each shifts the affordability math materially on an electrician salary.