Can A Pharmacist Afford Rent in Newark, TX?
Comfortably affordable — rent takes 18% of gross income.
Newark rent: June 2026. Salary: BLS OEWS May 2024 (Texas 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 Texas cities have lower median rent than Newark, which improves the affordability math on a pharmacist salary:
Compare with full rent data for Newark
View full rent data for Newark, TX →Frequently asked questions
Can a pharmacist afford rent in Newark, TX?
Median rent in Newark is $1,970 a month. A typical pharmacist in Texas earns about $131,423 a year, which makes that rent 18% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a pharmacist afford in Newark?
Using the 30% rule, a pharmacist salary in Texas (~$131,423/yr) supports up to $3,286 a month in rent. Newark's current median rent is $1,970/mo, which leaves a $1,316/mo buffer.
How many hours does a pharmacist work to cover rent in Newark?
At an hourly equivalent of about $63 an hour, a pharmacist in Texas works roughly 31.2 hours a month to cover Newark's median rent of $1,970.
Where is rent cheaper than Newark for a pharmacist?
Nearby Texas cities with lower median rent include Venus ($1,969/mo), Princeton ($1,968/mo), Venus ($1,968/mo). Each shifts the affordability math materially on a pharmacist salary.