Can A Financial Analyst Afford Rent in East Rutherford, NJ?

Stretched but workable — rent takes 31.1% of gross income.

East Rutherford rent: June 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).

East Rutherford median rent
$3,002/mo
Financial Analyst salary (New Jersey)
$115,741/yr
Rent as % of income
31.1%
Gross monthly income works out to about $9,645, and the 30% rule supports up to $2,894/mo in rent. East Rutherford's median rent of $3,002 exceeds that threshold by $108/mo, putting a financial analyst salary into the rent-burdened range here. A financial analyst works roughly 53.9 hours a month to cover that rent.

About rent and a financial analyst salary

Financial analyst pay covers comfortable rent in most US cities. At the national-average financial-analyst salary, the 30% rule supports about $2,584 a month in rent, which is above the median in nearly every metro tracked here.

Cheaper rent nearby

These New Jersey cities have lower median rent than East Rutherford, which improves the affordability math on a financial analyst salary:

Metuchen, NJ
$3,001/mo (31.1% of income)
Metuchen, NJ
$3,001/mo (31.1% of income)
Morristown, NJ
$3,000/mo (31.1% of income)

Compare with full rent data for East Rutherford

View full rent data for East Rutherford, NJ

Frequently asked questions

Can a financial analyst afford rent in East Rutherford, NJ?

Median rent in East Rutherford is $3,002 a month. A typical financial analyst in New Jersey earns about $115,741 a year, which makes that rent 31.1% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a financial analyst afford in East Rutherford?

Using the 30% rule, a financial analyst salary in New Jersey (~$115,741/yr) supports up to $2,894 a month in rent. East Rutherford's current median rent is $3,002/mo, which is $108/mo over the affordability threshold.

How many hours does a financial analyst work to cover rent in East Rutherford?

At an hourly equivalent of about $56 an hour, a financial analyst in New Jersey works roughly 53.9 hours a month to cover East Rutherford's median rent of $3,002.

Where is rent cheaper than East Rutherford for a financial analyst?

Nearby New Jersey cities with lower median rent include Metuchen ($3,001/mo), Metuchen ($3,001/mo), Morristown ($3,000/mo). Each shifts the affordability math materially on a financial analyst salary.

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