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steve2470

(37,457 posts)
Thu Jun 8, 2017, 02:26 PM Jun 2017

Heres how much you would need to afford rent in your state

https://www.washingtonpost.com/news/wonk/wp/2017/06/08/heres-how-much-you-would-need-to-make-to-afford-housing-in-your-state

https://img.washingtonpost.com/wp-apps/imrs.php?src=&w=1484

There is nowhere in this country where someone working a full-time minimum wage job could afford to rent a two-bedroom apartment, according to an annual report released Thursday documenting the gap between wages and the cost of rental housing.

Downsizing to a one-bedroom will only get you so far on minimum wage. Such housing is affordable in only 12 counties located in Arizona, Oregon and Washington states, according to the report by the National Low Income Housing Coalition.

You would have to earn $17.14 an hour, on average, to be able to afford a modest one-bedroom apartment in a safe area without having to spend more than 30 percent of your income on housing. Make that $21.21 for a two-bedroom home -- nearly three times the federal minimum wage of $7.25.

The report details how much a household must earn to be able to afford rent in every metropolitan area and county in the country. Renters in the U.S. make, on average, $16.38 an hour.
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Heres how much you would need to afford rent in your state (Original Post) steve2470 Jun 2017 OP
That Washington number doesn't apply to Seattle. LisaM Jun 2017 #1
The WA state average is almost exactly what I pay HeartachesNhangovers Jun 2017 #8
Averages are funny. Igel Jun 2017 #9
no other comments ? nt steve2470 Jun 2017 #2
red states are cheap. lets move lots of blue state big city dems to red states. help tip the vote to msongs Jun 2017 #3
No. alarimer Jun 2017 #6
the only red state I'd live in is Georgia, and I'd live in Atlanta only nt steve2470 Jun 2017 #7
Yeah if you want to live in California it's going to cost a lot of money taught_me_patience Jun 2017 #4
yea, I think a studio or one bedroom at best would be more logical nt steve2470 Jun 2017 #5

LisaM

(27,813 posts)
1. That Washington number doesn't apply to Seattle.
Thu Jun 8, 2017, 02:29 PM
Jun 2017

Two-bedroom houses here are priced well over $2000 as rentals - if you can find one, which is difficult. Two-bedroom apartments are about $2000 too.

When I moved to Seattle in the late 80s, I thought of it as a working-class city. You can't say that now.

8. The WA state average is almost exactly what I pay
Thu Jun 8, 2017, 05:49 PM
Jun 2017

in Vancouver WA for a 2-bed/2-bath apartment, and I would expect some areas of Seattle to be significantly pricier. And outside of Seattle and Vancouver, prices are probably a bit (or a lot) lower.

Igel

(35,320 posts)
9. Averages are funny.
Thu Jun 8, 2017, 06:04 PM
Jun 2017

I can find a 2-bedroom apartment for 20% of the # given for Texas. Where we used to live, not top of the line but nice, is around 60%. Thing is average isn't common here.

msongs

(67,420 posts)
3. red states are cheap. lets move lots of blue state big city dems to red states. help tip the vote to
Thu Jun 8, 2017, 04:52 PM
Jun 2017

blue

 

taught_me_patience

(5,477 posts)
4. Yeah if you want to live in California it's going to cost a lot of money
Thu Jun 8, 2017, 04:59 PM
Jun 2017

Which is why most households have two people working or younger single workers have roomates. Minimum wage is in no way supposed to afford you a two bedroom house/apartment... I don't understand the point of this report.

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