Can An Electrician Afford Rent in New Richmond, WI?

Comfortably affordable — rent takes 28.9% of gross income.

New Richmond rent: June 2026. Salary: BLS OEWS May 2024 (Wisconsin state estimate).

New Richmond median rent
$1,600/mo
Electrician salary (Wisconsin)
$66,405/yr
Rent as % of income
28.9%
Gross monthly income works out to about $5,534, and the 30% rule supports up to $1,660/mo in rent. New Richmond's median rent of $1,600 leaves roughly $60/mo of headroom under that threshold. An electrician works roughly 50.1 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 Wisconsin cities have lower median rent than New Richmond, which improves the affordability math on an electrician salary:

Wauwatosa, WI
$1,599/mo (28.9% of income)
Wauwatosa, WI
$1,598/mo (28.9% of income)
De Pere, WI
$1,598/mo (28.9% of income)

Compare with full rent data for New Richmond

View full rent data for New Richmond, WI

Frequently asked questions

Can an electrician afford rent in New Richmond, WI?

Median rent in New Richmond is $1,600 a month. A typical electrician in Wisconsin earns about $66,405 a year, which makes that rent 28.9% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can an electrician afford in New Richmond?

Using the 30% rule, an electrician salary in Wisconsin (~$66,405/yr) supports up to $1,660 a month in rent. New Richmond's current median rent is $1,600/mo, which leaves a $60/mo buffer.

How many hours does an electrician work to cover rent in New Richmond?

At an hourly equivalent of about $32 an hour, an electrician in Wisconsin works roughly 50.1 hours a month to cover New Richmond's median rent of $1,600.

Where is rent cheaper than New Richmond for an electrician?

Nearby Wisconsin cities with lower median rent include Wauwatosa ($1,599/mo), Wauwatosa ($1,598/mo), De Pere ($1,598/mo). Each shifts the affordability math materially on an electrician salary.

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