Minimum Wage Workers Can’t Afford 2-Bedroom Home

Minimum Wage Workers Can’t Afford 2-Bedroom Home

Today, there is not one U.S. state, metropolitan area, or county in which a minimum wage worker who clocks 40 hours a week can afford a two-bedroom apartment. To afford a one-bedroom at national average fair market rate, it would take federal minimum wage workers 103 hours a week. The map below shows where in the country it’s necessary to work more than double the standard workweek to afford a one-bedroom apartment:

As part of its report, NHLIC also calculated a national “housing wage,” defined as the approximate hourly rate any worker would have to make in order to afford a two or one-bedroom apartment at fair market rent.

Source: www.citylab.com