Out of Reach 2016
The National Low Income Housing Coalition (NLIHC) recently released "Out of Reach 2016," which documents the disparity between wages and rents across the country and demonstrates why decent housing is out of reach for minimum wage workers. Among the findings in the report: a minimum wage earner would need to work, on average, more than 80 hours a week to afford a one-bedroom apartment and more than 100 hours a week to afford a two-bedroom apartment. Click here to read the full report.
"A renter earning the federal minimum wage of $7.25 per hour would need to work 90 hours per week to afford a one-bedroom rental home at the Fair Market Rent and 112 hours per week to afford a two-bedroom." - NLIHC
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