Can A Financial Analyst Afford Rent in Edgewater, NJ?

Rent-burdened — rent takes 41.8% of gross income.

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

Edgewater median rent
$4,035/mo
Financial Analyst salary (New Jersey)
$115,741/yr
Rent as % of income
41.8%
Gross monthly income works out to about $9,645, and the 30% rule supports up to $2,894/mo in rent. Edgewater's median rent of $4,035 exceeds that threshold by $1,141/mo, putting a financial analyst salary into the rent-burdened range here. A financial analyst works roughly 72.5 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 Edgewater, which improves the affordability math on a financial analyst salary:

Ventnor City, NJ
$3,998/mo (41.5% of income)
Livingston, NJ
$3,996/mo (41.4% of income)
Livingston, NJ
$3,974/mo (41.2% of income)

Compare with full rent data for Edgewater

View full rent data for Edgewater, NJ

Frequently asked questions

Can a financial analyst afford rent in Edgewater, NJ?

Median rent in Edgewater is $4,035 a month. A typical financial analyst in New Jersey earns about $115,741 a year, which makes that rent 41.8% 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 Edgewater?

Using the 30% rule, a financial analyst salary in New Jersey (~$115,741/yr) supports up to $2,894 a month in rent. Edgewater's current median rent is $4,035/mo, which is $1,141/mo over the affordability threshold.

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

At an hourly equivalent of about $56 an hour, a financial analyst in New Jersey works roughly 72.5 hours a month to cover Edgewater's median rent of $4,035.

Where is rent cheaper than Edgewater for a financial analyst?

Nearby New Jersey cities with lower median rent include Ventnor City ($3,998/mo), Livingston ($3,996/mo), Livingston ($3,974/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 Edgewater, NJ. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.