Can A Pharmacist Afford Rent in Medford Township, NJ?
Comfortably affordable — rent takes 23.3% of gross income.
Medford Township rent: June 2026. Salary: BLS OEWS May 2024 (New Jersey state estimate).
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 Medford Township, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Medford Township
View full rent data for Medford Township, NJ →Frequently asked questions
Can a pharmacist afford rent in Medford Township, NJ?
Median rent in Medford Township is $2,892 a month. A typical pharmacist in New Jersey earns about $148,680 a year, which makes that rent 23.3% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Medford Township?
Using the 30% rule, a pharmacist salary in New Jersey (~$148,680/yr) supports up to $3,717 a month in rent. Medford Township's current median rent is $2,892/mo, which leaves a $825/mo buffer.
How many hours does a pharmacist work to cover rent in Medford Township?
At an hourly equivalent of about $71 an hour, a pharmacist in New Jersey works roughly 40.5 hours a month to cover Medford Township's median rent of $2,892.
Where is rent cheaper than Medford Township for a pharmacist?
Nearby New Jersey cities with lower median rent include Oakhurst ($2,891/mo), Montclair ($2,891/mo), Cranford ($2,891/mo). Each shifts the affordability math materially on a pharmacist salary.