Can A Physical Therapist Afford Rent in Morristown, NJ?

Stretched but workable — rent takes 30.7% of gross income.

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

Morristown median rent
$2,860/mo
Physical Therapist salary (New Jersey)
$111,675/yr
Rent as % of income
30.7%
Gross monthly income works out to about $9,306, and the 30% rule supports up to $2,792/mo in rent. Morristown's median rent of $2,860 exceeds that threshold by $68/mo, putting a physical therapist salary into the rent-burdened range here. A physical therapist works roughly 53.3 hours a month to cover that rent.

About rent and a physical therapist salary

Physical therapist pay covers comfortable rent across most US metros. At the national-average PT salary, the 30% rule supports about $2,493 a month in rent, which is above the median in most cities tracked here.

Cheaper rent nearby

These New Jersey cities have lower median rent than Morristown, which improves the affordability math on a physical therapist salary:

North Bergen Township, NJ
$2,858/mo (30.7% of income)
Madison, NJ
$2,856/mo (30.7% of income)
North Haledon, NJ
$2,855/mo (30.7% of income)

Compare with full rent data for Morristown

View full rent data for Morristown, NJ

Frequently asked questions

Can a physical therapist afford rent in Morristown, NJ?

Median rent in Morristown is $2,860 a month. A typical physical therapist in New Jersey earns about $111,675 a year, which makes that rent 30.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a physical therapist afford in Morristown?

Using the 30% rule, a physical therapist salary in New Jersey (~$111,675/yr) supports up to $2,792 a month in rent. Morristown's current median rent is $2,860/mo, which is $68/mo over the affordability threshold.

How many hours does a physical therapist work to cover rent in Morristown?

At an hourly equivalent of about $54 an hour, a physical therapist in New Jersey works roughly 53.3 hours a month to cover Morristown's median rent of $2,860.

Where is rent cheaper than Morristown for a physical therapist?

Nearby New Jersey cities with lower median rent include North Bergen Township ($2,858/mo), Madison ($2,856/mo), North Haledon ($2,855/mo). Each shifts the affordability math materially on a physical therapist salary.

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