Monday, June 8, 2015

You can’t rent a one-bedroom apartment anywhere in America on a minimum-wage job

A new report by the National Low-Income Housing Coalition shows that there is no state in the U.S. where a full-time, minimum-wage worker can afford the rent of a one-bedroom apartment.

According to the report, the national average Housing Wage in 2015 is $19.35 for a two-bedroom unit, and $15.50 for a one-bedroom unit, while the federal minimum wage remains at $7.25 per hour in 2015, which hasn’t been raised since 2009. In 13 states and D.C., Housing Wage is more than $20 per hour. The Housing Wage is an estimate of the full-time hourly wage that a household must earn to afford a decent apartment at HUD’s estimated Fair Market Rent (FMR) for no more than 30% of their income.

See more from Raw Story.

1 comment:

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