Can A Pharmacist Afford Rent in Franklin, WI?

Comfortably affordable — rent takes 18.7% of gross income.

Franklin rent: July 2026. Salary: BLS OEWS May 2024 (Wisconsin state estimate).

Franklin median rent
$1,968/mo
Pharmacist salary (Wisconsin)
$126,113/yr
Rent as % of income
18.7%
Gross monthly income works out to about $10,509, and the 30% rule supports up to $3,153/mo in rent. Franklin's median rent of $1,968 leaves roughly $1,185/mo of headroom under that threshold. A pharmacist works roughly 32.5 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 Wisconsin cities have lower median rent than Franklin, which improves the affordability math on a pharmacist salary:

Whitefish Bay, WI
$1,956/mo (18.6% of income)
Monona, WI
$1,954/mo (18.6% of income)
Brookfield, WI
$1,951/mo (18.6% of income)

Compare with full rent data for Franklin

View full rent data for Franklin, WI

Frequently asked questions

Can a pharmacist afford rent in Franklin, WI?

Median rent in Franklin is $1,968 a month. A typical pharmacist in Wisconsin earns about $126,113 a year, which makes that rent 18.7% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can a pharmacist afford in Franklin?

Using the 30% rule, a pharmacist salary in Wisconsin (~$126,113/yr) supports up to $3,153 a month in rent. Franklin's current median rent is $1,968/mo, which leaves a $1,185/mo buffer.

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

At an hourly equivalent of about $61 an hour, a pharmacist in Wisconsin works roughly 32.5 hours a month to cover Franklin's median rent of $1,968.

Where is rent cheaper than Franklin for a pharmacist?

Nearby Wisconsin cities with lower median rent include Whitefish Bay ($1,956/mo), Monona ($1,954/mo), Brookfield ($1,951/mo). Each shifts the affordability math materially on a pharmacist salary.

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