Mapping the Hourly Wage Needed to Rent a 2-Bedroom Apartment in Every U.S. State
The figures highlight the mismatch between dipping job earnings and soaring housing costs.
Yes, the American economy is improving, and yes, we’re creating more jobs. But the hourly wages for a lot of these jobs are stagnantat best. According to the Pew Research Center, 30 percent of America’s workforce earns a near-minimum-wage salary—that’s almost 21 million people. As a cruel paradox,rents across the country keep rising.
A new report by the National Low Income Housing Coalition examines how these opposite trends play out regionally. The work maps how much an American worker needs to earn per hour in each state to rent a two-bedroom apartment. It finds that in no state can a person earning minimum wage afford such an apartment at market rent.
Governor Kate Brown…
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