Can A Pharmacist Afford Rent in Red Bank, TN?

Comfortably affordable — rent takes 13% of gross income.

Red Bank rent: July 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).

Red Bank median rent
$1,320/mo
Pharmacist salary (Tennessee)
$122,130/yr
Rent as % of income
13%
Gross monthly income works out to about $10,178, and the 30% rule supports up to $3,053/mo in rent. Red Bank's median rent of $1,320 leaves roughly $1,733/mo of headroom under that threshold. A pharmacist works roughly 22.5 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 Tennessee cities have lower median rent than Red Bank, which improves the affordability math on a pharmacist salary:

Kingsport, TN
$1,319/mo (13% of income)
Johnson City, TN
$1,317/mo (12.9% of income)
East Ridge, TN
$1,316/mo (12.9% of income)

Compare with full rent data for Red Bank

View full rent data for Red Bank, TN

Frequently asked questions

Can a pharmacist afford rent in Red Bank, TN?

Median rent in Red Bank is $1,320 a month. A typical pharmacist in Tennessee earns about $122,130 a year, which makes that rent 13% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Red Bank?

Using the 30% rule, a pharmacist salary in Tennessee (~$122,130/yr) supports up to $3,053 a month in rent. Red Bank's current median rent is $1,320/mo, which leaves a $1,733/mo buffer.

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

At an hourly equivalent of about $59 an hour, a pharmacist in Tennessee works roughly 22.5 hours a month to cover Red Bank's median rent of $1,320.

Where is rent cheaper than Red Bank for a pharmacist?

Nearby Tennessee cities with lower median rent include Kingsport ($1,319/mo), Johnson City ($1,317/mo), East Ridge ($1,316/mo). Each shifts the affordability math materially on a pharmacist salary.

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