Manageable

What Salary Do You Need to Live in Toms River?

To afford a 2-bedroom in Toms River, you need to earn at least $76,720/year based on estimated fair market rent data. The median household income here is $92,012, which means the typical resident is $15,292 above the threshold.

Census ACS Data Pop. 92,827

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$1,343	$4,477	$53,720	$-38,292
1 Bedroom	$1,592	$5,307	$63,680	$-28,332
2 Bedroom BENCHMARK	$1,918	$6,393	$76,720	$-15,292
3 Bedroom	$2,340	$7,800	$93,600	+$1,588
4 Bedroom	$2,877	$9,590	$115,080	+$23,068

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$92,012

Annual household

2BR Required Salary

$76,720

Under 30% rule

Income Gap

+$15,292

Surplus

Verdict

Manageable

Ratio: 25.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Toms River

Your Annual Salary

Pre-filled with Toms River's median household income

Max monthly rent you can afford$2,300

Studio

$1,343/mo

1 BR

$1,592/mo

2 BR

$1,918/mo

3 BR

$2,340/mo

4 BR

$2,877/mo

Your salary is $0 above the median income in Toms River.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Toms River

Renting in Toms River, New Jersey is doable for median earners, but tight. A 2-bedroom requires roughly $76,720/year under the 30% rule, and with a median income of $92,012, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($1,592/month) or studio ($1,343/month) materially improves the math. For those needing more space, a 3-bedroom in Toms River pushes the required income to $93,600.

For comfortable living in Toms River without financial stress, target a household income of at least $115,080 — 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 Toms River, New Jersey.

With a total population of 92,827, the city supports an active civilian workforce of 45,484 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $76,720 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

45,484

Active civilian employees in Toms River

Frequently Asked Questions About Renting in Toms River

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

To afford a 2-bedroom in Toms River under the 30% rule, you need an annual salary of at least $76,720. The median household income in Toms River is $92,012.

Can I afford a 2-bedroom in Toms River on $92,012?

The affordability verdict for Toms River is "Manageable". The rent-to-income ratio is 25.0%, meaning median earners have a $15,292 surplus.

What is the average rent in Toms River compared to median income?

The median gross rent in Toms River is $1,592/month. With a median household income of $92,012, residents spend approximately 25.0% of their income on rent.

What salary do I need for a studio in Toms River?

A studio in Toms River rents for approximately $1,343/month. Under the 30% rule, you need an annual salary of $53,720 to afford this.

Is Toms River considered an affordable place to live?

Based on the surplus of $15,292 and an affordability verdict of "Manageable", Toms River is considered a manageable rental market when comparing the required 2-bedroom salary of $76,720 to the local median household income.

How Toms River Compares

Other cities in New Jersey with salary requirements