Manageable

What Salary Do You Need to Live in Englewood?

To afford a 2-bedroom in Englewood, you need to earn at least $83,320/year based on estimated fair market rent data. The median household income here is $93,134, which means the typical resident is $9,814 above the threshold.

Census ACS Data Pop. 29,109

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,458	$4,860	$58,320	$-34,814
1 Bedroom	$1,729	$5,763	$69,160	$-23,974
2 Bedroom BENCHMARK	$2,083	$6,943	$83,320	$-9,814
3 Bedroom	$2,541	$8,470	$101,640	+$8,506
4 Bedroom	$3,125	$10,417	$125,000	+$31,866

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$93,134

Annual household

2BR Required Salary

$83,320

Under 30% rule

Income Gap

+$9,814

Surplus

Verdict

Manageable

Ratio: 26.8%

The 30% Rule Calculator

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

Your Annual Salary

Pre-filled with Englewood's median household income

Max monthly rent you can afford$2,328

Studio

$1,458/mo

1 BR

$1,729/mo

2 BR

$2,083/mo

3 BR

$2,541/mo

4 BR

$3,125/mo

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

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Englewood

Renting in Englewood, New Jersey is doable for median earners, but tight. A 2-bedroom requires roughly $83,320/year under the 30% rule, and with a median income of $93,134, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($1,729/month) or studio ($1,458/month) materially improves the math. For those needing more space, a 3-bedroom in Englewood pushes the required income to $101,640.

For comfortable living in Englewood without financial stress, target a household income of at least $124,980 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for New Jersey's cost of living.

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 Englewood, New Jersey.

With a total population of 29,109, the city supports an active civilian workforce of 15,155 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $83,320 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

15,155

Active civilian employees in Englewood

Frequently Asked Questions About Renting in Englewood

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

To afford a 2-bedroom in Englewood under the 30% rule, you need an annual salary of at least $83,320. The median household income in Englewood is $93,134.

Can I afford a 2-bedroom in Englewood on $93,134?

The affordability verdict for Englewood is "Manageable". The rent-to-income ratio is 26.8%, meaning median earners have a $9,814 surplus.

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

The median gross rent in Englewood is $1,729/month. With a median household income of $93,134, residents spend approximately 26.8% of their income on rent.

What salary do I need for a studio in Englewood?

A studio in Englewood rents for approximately $1,458/month. Under the 30% rule, you need an annual salary of $58,320 to afford this.

Is Englewood considered an affordable place to live?

Based on the surplus of $9,814 and an affordability verdict of "Manageable", Englewood is considered a manageable rental market when comparing the required 2-bedroom salary of $83,320 to the local median household income.

How Englewood Compares

Other cities in New Jersey with salary requirements