Huffington Post: The Hourly Income You Need To Afford Rent Around The U.S.

Huffington Post: The Hourly Income You Need To Afford Rent Around The U.S.
June 15, 2017 Joanna Rivas

Full-time workers who make minimum wage can’t afford a two-bedroom rental home in any state in the U.S. without spending more than the recommended 30 percent of their income, according to a report from the National Low Income Housing Coalition. The group’s annual “Out of Reach” report compares minimum wages and housing costs in states, metropolitan areas and counties across the country. This year’s results show the hourly wage rate needed for a “modest” two-bedroom rental is more than double the federal minimum wage of $7.25 per hour in all but four states.

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