Affordable

What Salary Do You Need to Live in Collingswood?

To afford a 2-bedroom in Collingswood, you need to earn at least $60,080/year based on estimated fair market rent data. The median household income here is $78,909, which means the typical resident is $18,829 above the threshold.

Census ACS Data Pop. 14,135

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,051	$3,503	$42,040	$-36,869
1 Bedroom	$1,247	$4,157	$49,880	$-29,029
2 Bedroom BENCHMARK	$1,502	$5,007	$60,080	$-18,829
3 Bedroom	$1,832	$6,107	$73,280	$-5,629
4 Bedroom	$2,253	$7,510	$90,120	+$11,211

Affordability Breakdown

Where the required salary line crosses above Collingswood's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$78,909

Annual household

2BR Required Salary

$60,080

Under 30% rule

Income Gap

+$18,829

Surplus

Verdict

Affordable

Ratio: 22.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Collingswood

Your Annual Salary

Pre-filled with Collingswood's median household income

Max monthly rent you can afford$1,973

Studio

$1,051/mo

1 BR

$1,247/mo

2 BR

$1,502/mo

3 BR

$1,832/mo

4 BR

$2,253/mo

Your salary is $0 above the median income in Collingswood.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Collingswood's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Collingswood

Living in Collingswood is well within reach for most median-income earners. With a $18,829 cushion between what residents earn and what a 2-bedroom requires, households in Collingswood typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Collingswood, a studio at $1,051/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,832/month remains accessible for dual-income households earning above $73,280.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $90,120 would position you well — though many residents in Collingswood manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Collingswood, New Jersey.

With a total population of 14,135, the city supports an active civilian workforce of 7,921 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $60,080 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

7,921

Active civilian employees in Collingswood

Frequently Asked Questions About Renting in Collingswood

What salary do I need to live in Collingswood, New Jersey?

To afford a 2-bedroom in Collingswood under the 30% rule, you need an annual salary of at least $60,080. The median household income in Collingswood is $78,909.

Can I afford a 2-bedroom in Collingswood on $78,909?

The affordability verdict for Collingswood is "Affordable". The rent-to-income ratio is 22.8%, meaning median earners have a $18,829 surplus.

What is the average rent in Collingswood compared to median income?

The median gross rent in Collingswood is $1,247/month. With a median household income of $78,909, residents spend approximately 22.8% of their income on rent.

What salary do I need for a studio in Collingswood?

A studio in Collingswood rents for approximately $1,051/month. Under the 30% rule, you need an annual salary of $42,040 to afford this.

Is Collingswood considered an affordable place to live?

Based on the surplus of $18,829 and an affordability verdict of "Affordable", Collingswood is considered a affordable rental market when comparing the required 2-bedroom salary of $60,080 to the local median household income.

How Collingswood Compares

Other cities in New Jersey with salary requirements