Stunning maps showing how much you need to earn in each state to afford a two-bedroom rental unit

— by Jen Hayden

2015_Hrs@MinWageToAffordRent

The National Low Income Housing Coalition’s annual housing report has been released and it once again shows the dramatic divide between average housing prices and income in the United States.

In order to afford a modest, two-bedroom apartment in the U.S., renters need to earn a wage of $19.35 per hour. In 13 states and the District of Columbia they need to earn more than $20 per hour. The Housing Wage for a two-bedroom unit is more than two and a half times the federal minimum wage of $7.25, and $4 more than the estimated average wage of $15.16 earned by renters nationwide.

Take a look at the NLIHC maps to see how your state stacks up:

2015_2BRrental_HousingWage

Living in New York City, therefore, puts me in the third highest rental bracket in the country (after D.C. and Hawai’i). No wonder I’m struggling! If you study these maps carefully, it’s truly mindblowing (as we used to say)! My rent is almost 100% of my income! It gives one pause . . .

(Thanks to Scout Finch at the Daily Kos)

About Nancy

Nancy Hoffmann began studying Zen Buddhism in 1992 and has dedicated this site to meditating on what she sees and believes. She is not averse to sharing laughter as well.
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