Can A Paramedic Afford Rent in Lakewood, NJ?

Rent-burdened — rent takes 40.7% of gross income.

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

Lakewood median rent
$2,021/mo
Paramedic salary (New Jersey)
$59,562/yr
Rent as % of income
40.7%
Gross monthly income works out to about $4,964, and the 30% rule supports up to $1,489/mo in rent. Lakewood's median rent of $2,021 exceeds that threshold by $532/mo, putting a paramedic salary into the rent-burdened range here. A paramedic works roughly 70.6 hours a month to cover that rent.

About rent and a paramedic salary

Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.

Cheaper rent nearby

These New Jersey cities have lower median rent than Lakewood, which improves the affordability math on a paramedic salary:

Paterson, NJ
$2,020/mo (40.7% of income)
Vineland, NJ
$2,018/mo (40.7% of income)
Woodbury, NJ
$2,017/mo (40.6% of income)

Compare with full rent data for Lakewood

View full rent data for Lakewood, NJ

Frequently asked questions

Can a paramedic afford rent in Lakewood, NJ?

Median rent in Lakewood is $2,021 a month. A typical paramedic in New Jersey earns about $59,562 a year, which makes that rent 40.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a paramedic afford in Lakewood?

Using the 30% rule, a paramedic salary in New Jersey (~$59,562/yr) supports up to $1,489 a month in rent. Lakewood's current median rent is $2,021/mo, which is $532/mo over the affordability threshold.

How many hours does a paramedic work to cover rent in Lakewood?

At an hourly equivalent of about $29 an hour, a paramedic in New Jersey works roughly 70.6 hours a month to cover Lakewood's median rent of $2,021.

Where is rent cheaper than Lakewood for a paramedic?

Nearby New Jersey cities with lower median rent include Paterson ($2,020/mo), Vineland ($2,018/mo), Woodbury ($2,017/mo). Each shifts the affordability math materially on a paramedic salary.

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