Can A Financial Analyst Afford Rent in Franklin Park, NJ?

Comfortably affordable — rent takes 27.7% of gross income.

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

Franklin Park median rent
$2,673/mo
Financial Analyst salary (New Jersey)
$115,741/yr
Rent as % of income
27.7%
Gross monthly income works out to about $9,645, and the 30% rule supports up to $2,894/mo in rent. Franklin Park's median rent of $2,673 leaves roughly $221/mo of headroom under that threshold. A financial analyst works roughly 48 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 Franklin Park, which improves the affordability math on a financial analyst salary:

Parlin, NJ
$2,672/mo (27.7% of income)
Pennington, NJ
$2,671/mo (27.7% of income)
Mount Arlington, NJ
$2,671/mo (27.7% of income)

Compare with full rent data for Franklin Park

View full rent data for Franklin Park, NJ

Frequently asked questions

Can a financial analyst afford rent in Franklin Park, NJ?

Median rent in Franklin Park is $2,673 a month. A typical financial analyst in New Jersey earns about $115,741 a year, which makes that rent 27.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a financial analyst afford in Franklin Park?

Using the 30% rule, a financial analyst salary in New Jersey (~$115,741/yr) supports up to $2,894 a month in rent. Franklin Park's current median rent is $2,673/mo, which leaves a $221/mo buffer.

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

At an hourly equivalent of about $56 an hour, a financial analyst in New Jersey works roughly 48 hours a month to cover Franklin Park's median rent of $2,673.

Where is rent cheaper than Franklin Park for a financial analyst?

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 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 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.