Rents pricing out minimum-wage workers across the USA, report says

Don Ryan | AP  Apartments for rent are shown in Portland Oregon

Don Ryan | AP Apartments for rent are shown in Portland Oregon

The report goes in depth, looking at how much a minimum wage worker must work to afford housing in each state.

Their "housing wage" is an estimate of the hourly wage a full-time worker must earn to pay fair market rent without spending more than 30% of his or her income on housing costs.

The annual Out of Reach report from the National Low Income Housing Coalition analyzed every county in the USA and found that there isn't anywhere that someone working a minimum wage job, 40 hours a week, can afford a two-bedroom. To rent a one-bedroom at minimum wage, you'd need to work 67 hours a week. The national housing wage is $22.10 for a two-bedroom and $17.90 for a one-bedroom rental.

Even in the state with the cheapest housing, Arkansas, an individual would need to earn $13.84 an hour to afford a two-bedroom apartment.

The Vallejo-Fairfield area had the lowest housing wage in the Bay Area, where an hourly wage of $25.79 is needed for a two-bedroom apartment going for $1,341 a month.

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Meanwhile, Hawai'i's minimum wage is set at $10.10 per hour, with no future increases scheduled.

In California, the gap is even greater. Pitkin's housing wage is $33.40, which is the highest in the state.

There's not a single state, county or metropolitan area in the entire United States where a full-time worker earning the federal minimum wage of $7.25 an hour can afford a modest 2-bedroom apartment. While the rental market added more than 6.7 million housing units between 2005 and 2015, the number of units renting for less than $800 dropped by more than 260,000, according to the report. In the Seattle-Bellevue metro area and King County, the numbers are higher: $26 an hour for a studio, $29 for a one-bedroom, $36 for a two-bedroom, and $52 for a three-bedroom.

Trump's proposed cuts for the 2019 fiscal year, the NLIHC report says, would "lead to the largest reduction in affordable housing and community development investments in decades", taking "vital federal rental assistance" from 200,000 families.

"While the housing market may have recovered for many, we are nonetheless experiencing an affordable housing crisis, especially for very low-income families", Sen. It's hard to praise Cleveland for its affordability when there are an average of 12 evictions every single day and an enormous waiting list for housing vouchers through CMHA. Bernie Sanders wrote in the report's preface. Federal funding needs to be increased for affordable housing programs like the Housing Trust Fund, which issues block grants to states to to build or upgrade housing, and rental assistance is needed, the authors conclude. "The average renter in each county makes enough to afford a two-bedroom in only 11 percent of USA counties, and a one-bedroom, in only 43 percent".

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