Can A Truck Driver Afford Rent in Madison, NJ?

Rent-burdened — rent takes 63.4% of gross income.

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

Madison median rent
$3,354/mo
Truck Driver salary (New Jersey)
$63,515/yr
Rent as % of income
63.4%
Gross monthly income works out to about $5,293, and the 30% rule supports up to $1,588/mo in rent. Madison's median rent of $3,354 exceeds that threshold by $1,766/mo, putting a truck driver salary into the rent-burdened range here. A truck driver works roughly 109.8 hours a month to cover that rent.

About rent and a truck driver salary

Truck driver pay covers comfortable rent in most lower- and mid-cost US metros and stretches thin in the highest-cost ones. Because many drivers can base anywhere along their route, the home-city rent decision has an outsized effect on take-home. At the national-average driver salary, the 30% rule supports about $1,418 a month in rent. The per-city pages show which markets keep rent within that range and which push it out of reach.

Cheaper rent nearby

These New Jersey cities have lower median rent than Madison, which improves the affordability math on a truck driver salary:

Park Ridge, NJ
$3,353/mo (63.3% of income)
Morganville, NJ
$3,352/mo (63.3% of income)
Montvale, NJ
$3,351/mo (63.3% of income)

Compare with full rent data for Madison

View full rent data for Madison, NJ

Frequently asked questions

Can a truck driver afford rent in Madison, NJ?

Median rent in Madison is $3,354 a month. A typical truck driver in New Jersey earns about $63,515 a year, which makes that rent 63.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a truck driver afford in Madison?

Using the 30% rule, a truck driver salary in New Jersey (~$63,515/yr) supports up to $1,588 a month in rent. Madison's current median rent is $3,354/mo, which is $1,766/mo over the affordability threshold.

How many hours does a truck driver work to cover rent in Madison?

At an hourly equivalent of about $31 an hour, a truck driver in New Jersey works roughly 109.8 hours a month to cover Madison's median rent of $3,354.

Where is rent cheaper than Madison for a truck driver?

Nearby New Jersey cities with lower median rent include Park Ridge ($3,353/mo), Morganville ($3,352/mo), Montvale ($3,351/mo). Each shifts the affordability math materially on a truck driver salary.

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