Full-time minimum wage workers can't afford rent anywhere in the US

[Anerdyblackguy]

Full-time minimum wage workers can't afford rent anywhere in the US, according to a new report
Published Wed, Jul 14 2021 11:17 AM EDT

Alicia Adamczyk
@ALICIAADAMCZYK
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(Photo by Andrew Lichtenstein/Corbis via Getty Images)
Andrew Lichtenstein | Corbis News | Getty Images
People working minimum wage jobs full-time cannot afford a two-bedroom apartment in any state in the country, the National Low Income Housing Coalition's annual "Out of Reach" report finds. In 93% of U.S. counties, the same workers can't afford a modest one-bedroom.

The report defines affordability as the hourly wage a full-time worker must earn to spend no more than 30% of their income on rent, in line with what most budgeting experts recommend. This year, workers would need to earn $24.90 per hour for a two-bedroom home and $20.40 per hour for a one-bedroom rental. That's an increase from $23.96 and $19.56, respectively, from last year.

The average hourly worker currently earns $18.78 per hour, the report finds, more than $6 short of the wage needed to afford a two-bedroom rental.

Given each state and locality's minimum wage, the report finds that the average minimum wage worker in the U.S. would need to work nearly 97 hours per week to afford the average two-bedroom home. That's more than two full-time jobs.

The pandemic exacerbated housing issues, with low-wage workers facing the brunt of job loss. They were also more likely to contract Covid-19.

Additionally, the report finds that Black and Latino workers are more likely to spend more of their income on rent, as they make less, on average, than white workers. Over 40% of Black and Latino households spend more than 30% of their income on rent, compared to 25% of white households.

NLIHC is urging the government to ensure that Covid-era emergency rental assistance programs help those with the greatest need. It is also calling for policymakers to create permanent, universal rental assistance for eligible households, to invest in new affordable housing and to implement stronger renter protection laws.

 

[Bumblebreh]

mad max,hunger games the purge incoming.

 

[TEKBEATZ]

No shyt

 

[Bubba T]

All you gotta do is learn to code, and get your certs up.

IT gang don’t have these problems

 

[Uitomy]

Yeah you basically gotta work a lot of overtime to have a good amount of money after you pay rent. shyt kills me, some of these places got barebone amenities like Jacksonville for example, our west side and east side of the city has hardly anything worth seeing or doing. There's nothing worthwhile downtown, besides scooters, the Southside is the only popping popping side of town where the rent is reasonably expensive.

 

[feelosofer]

If you're minimum wage worker you basically have to work 60 hours a week and even then you'll probably need a roommate.

 

[⠝⠕⠏⠑]

Adopt-A-Breh

 

[LordDeathwatch]

Rent is one of the best kept hustles in the history of the game. shyt is in it's late stages now when you're literally pricing out an entire economic class.

 

[MR. SNIFLES]

GMB GET A ROOMMATE

 

[Johnny Kilroy]

According to a new report? I coulda told you this back when I was a kid.

 

[Consigliere]

Why should a person working minimum wage be able to afford a 2 bedroom apartment?

And how is this news?

 

[AlbertPullhoez]

Expect to rent a house or apartment on minimum wage brehs

 

[ExodusNirvana]

We told ya'll this back BEFORE the pandemic

shyt we told ya'll this back before the recession around 2007

 

[Ezekiel 25:17]

When has minimum wage ever afforded you to pay rent, lights, gas, and good?


How about trying to leave that minimum wage job and get an actual career?

 

[benjamin]

AYO...WHEN SEPTEMBER GETS HERE AND THEY CUT OFF THEM BENEFITS HAAAALLLLPPP NIKKA..HAAALLLLLLLLLLLLLLP ME FOR THE LOVE OF ALL THINGS RIGHTEOUS HAAAAAAAAAAALLLLLLLLLLLP