Can A Pharmacist Afford Rent in Franklin Park, NJ?

Comfortably affordable — rent takes 21.6% of gross income.

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

Franklin Park median rent
$2,673/mo
Pharmacist salary (New Jersey)
$148,680/yr
Rent as % of income
21.6%
Gross monthly income works out to about $12,390, and the 30% rule supports up to $3,717/mo in rent. Franklin Park's median rent of $2,673 leaves roughly $1,044/mo of headroom under that threshold. A pharmacist works roughly 37.4 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 Franklin Park, which improves the affordability math on a pharmacist salary:

Parlin, NJ
$2,672/mo (21.6% of income)
Pennington, NJ
$2,671/mo (21.6% of income)
Mount Arlington, NJ
$2,671/mo (21.6% of income)

Compare with full rent data for Franklin Park

View full rent data for Franklin Park, NJ

Frequently asked questions

Can a pharmacist afford rent in Franklin Park, NJ?

Median rent in Franklin Park is $2,673 a month. A typical pharmacist in New Jersey earns about $148,680 a year, which makes that rent 21.6% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Franklin Park?

Using the 30% rule, a pharmacist salary in New Jersey (~$148,680/yr) supports up to $3,717 a month in rent. Franklin Park's current median rent is $2,673/mo, which leaves a $1,044/mo buffer.

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

At an hourly equivalent of about $71 an hour, a pharmacist in New Jersey works roughly 37.4 hours a month to cover Franklin Park's median rent of $2,673.

Where is rent cheaper than Franklin Park for a pharmacist?

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 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 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.