Can An Electrician Afford Rent in Franklin Park, NJ?

Rent-burdened — rent takes 41% of gross income.

Franklin Park rent: May 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).

Franklin Park median rent
$2,673/mo
Electrician salary (New Jersey)
$78,288/yr
Rent as % of income
41%
Gross monthly income works out to about $6,524, and the 30% rule supports up to $1,957/mo in rent. Franklin Park's median rent of $2,673 exceeds that threshold by $716/mo, putting an electrician salary into the rent-burdened range here. An electrician works roughly 71 hours a month to cover that rent.

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 Franklin Park, which improves the affordability math on an electrician salary:

Parlin, NJ
$2,672/mo (41% of income)
Pennington, NJ
$2,671/mo (40.9% of income)
Mount Arlington, NJ
$2,671/mo (40.9% of income)

Compare with full rent data for Franklin Park

View full rent data for Franklin Park, NJ

Frequently asked questions

Can an electrician afford rent in Franklin Park, NJ?

Median rent in Franklin Park is $2,673 a month. A typical electrician in New Jersey earns about $78,288 a year, which makes that rent 41% 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 Franklin Park?

Using the 30% rule, an electrician salary in New Jersey (~$78,288/yr) supports up to $1,957 a month in rent. Franklin Park's current median rent is $2,673/mo, which is $716/mo over the affordability threshold.

How many hours does an electrician work to cover rent in Franklin Park?

At an hourly equivalent of about $38 an hour, an electrician in New Jersey works roughly 71 hours a month to cover Franklin Park's median rent of $2,673.

Where is rent cheaper than Franklin Park for an electrician?

Nearby New Jersey cities with lower median rent include Parlin ($2,672/mo), Pennington ($2,671/mo), Mount Arlington ($2,671/mo). Each shifts the affordability math materially on an electrician salary.

Methodology: Salary uses the BLS-derived New Jersey state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Franklin Park, NJ. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.