Can A Pharmacist Afford Rent in Lakewood, NJ?

Comfortably affordable — rent takes 16.3% of gross income.

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

Lakewood median rent
$2,021/mo
Pharmacist salary (New Jersey)
$148,680/yr
Rent as % of income
16.3%
Gross monthly income works out to about $12,390, and the 30% rule supports up to $3,717/mo in rent. Lakewood's median rent of $2,021 leaves roughly $1,696/mo of headroom under that threshold. A pharmacist works roughly 28.3 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 Lakewood, which improves the affordability math on a pharmacist salary:

Paterson, NJ
$2,020/mo (16.3% of income)
Vineland, NJ
$2,018/mo (16.3% of income)
Woodbury, NJ
$2,017/mo (16.3% of income)

Compare with full rent data for Lakewood

View full rent data for Lakewood, NJ

Frequently asked questions

Can a pharmacist afford rent in Lakewood, NJ?

Median rent in Lakewood is $2,021 a month. A typical pharmacist in New Jersey earns about $148,680 a year, which makes that rent 16.3% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Lakewood?

Using the 30% rule, a pharmacist salary in New Jersey (~$148,680/yr) supports up to $3,717 a month in rent. Lakewood's current median rent is $2,021/mo, which leaves a $1,696/mo buffer.

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

At an hourly equivalent of about $71 an hour, a pharmacist in New Jersey works roughly 28.3 hours a month to cover Lakewood's median rent of $2,021.

Where is rent cheaper than Lakewood for a pharmacist?

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 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 Lakewood, NJ. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.