Can A Pharmacist Afford Rent in Edgewater, NJ?

Stretched but workable — rent takes 32.6% of gross income.

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

Edgewater median rent
$4,035/mo
Pharmacist salary (New Jersey)
$148,680/yr
Rent as % of income
32.6%
Gross monthly income works out to about $12,390, and the 30% rule supports up to $3,717/mo in rent. Edgewater's median rent of $4,035 exceeds that threshold by $318/mo, putting a pharmacist salary into the rent-burdened range here. A pharmacist works roughly 56.4 hours a month to cover that rent.

About rent and a pharmacist salary

Pharmacist pay covers comfortable rent in nearly every US city. At the national-average pharmacist salary, the 30% rule supports about $3,319 a month in rent — above median rent in all but a handful of high-cost coastal metros.

Cheaper rent nearby

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

Ventnor City, NJ
$3,998/mo (32.3% of income)
Livingston, NJ
$3,996/mo (32.3% of income)
Livingston, NJ
$3,974/mo (32.1% of income)

Compare with full rent data for Edgewater

View full rent data for Edgewater, NJ

Frequently asked questions

Can a pharmacist afford rent in Edgewater, NJ?

Median rent in Edgewater is $4,035 a month. A typical pharmacist in New Jersey earns about $148,680 a year, which makes that rent 32.6% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a pharmacist afford in Edgewater?

Using the 30% rule, a pharmacist salary in New Jersey (~$148,680/yr) supports up to $3,717 a month in rent. Edgewater's current median rent is $4,035/mo, which is $318/mo over the affordability threshold.

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

At an hourly equivalent of about $71 an hour, a pharmacist in New Jersey works roughly 56.4 hours a month to cover Edgewater's median rent of $4,035.

Where is rent cheaper than Edgewater for a pharmacist?

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 pharmacist 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.