What You’d Need to Make in Every County in America to Afford a Decent One-Bedroom
22nd April 2014
The National Low Income Housing Coalition took those fair market rents and calculated how much a worker would have to earn per hour to cover such modest housing, if we assume a 40-hour work week and a 52-week year. They call this rate a “housing wage,” and it is, unsurprisingly, much higher than the minimum wage in much of the country.
Of course, that assumes one person per apartment, which is how the Crust prefer to live.