Page 2 - குறைந்த வருமானம் வீட்டுவசதி கூட்டணி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Rents Are Out Of Reach For Those Earning Minimum Wage
kalw.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kalw.org Daily Mail and Mail on Sunday newspapers.
US building infrastructure needs 21st century upgrades
thehill.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehill.com Daily Mail and Mail on Sunday newspapers.
$2,700 a month actually coming into the household. That’s just about 30 percent spent on rent every month, but that’s only the rent. This arithmetic does not factor in heating, water bills, trash pickup, property taxes, etc. It also doesn’t factor in travel to and from work, which, for a hefty number of residents in Pickens County and Easley, involves working in Greenville, where wages tend to be higher. Lastly, the math only holds up if you earn $49,573 a year while living in Pickens County. Plenty of jobs in the county don’t even come close to that, as we’ll see below.
Report: Full-time minimum wage workers can only afford rent in 7% of US counties
fox5atlanta.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fox5atlanta.com Daily Mail and Mail on Sunday newspapers.
Report: Full-time minimum wage workers can only afford rent in 7% of US counties
By Austin Williams
The U.S. housing market is experiencing a boom in part due to the COVID-19 pandemic.
LOS ANGELES - An annual report from the National Low Income Housing Coalition found that full-time minimum wage workers can afford a one-bedroom rental in only 7% of all counties nationwide.
The report explains that the average renter also often does not earn enough to afford even a modest rental home. The federal minimum wage is $7.25 while full-time minimum-wage workers typically work 40 hours per week.
Workers in 49 states, the District of Columbia and, Puerto Rico earn less than what’s required for the average two-bedroom housing wage, according to the report. Workers in 17 states including California, Florida and New York earn at least $5 less than the average wage needed to afford a two-bedroom home in those counties.