Want your own place? Gotta make $15+ an hour

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The AP reports today that service and retail may be the growing economic sectors, but most of the jobs they offer won't pay enough to over the rent on a 1-2 bedroom apartment in the U.S.
An annual report from the National Low Income Housing Coalition says that while the median hourly wage in the United States is about $14, more than one-quarter of the population earns less than $10 an hour, the report said--and rents average out at more than that in most states.
(In California, of course, you need $21.42 an hour to afford a 2-bedroom.)

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Susan Mernit
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This page contains a single entry by Susan Mernit published on December 20, 2004 8:37 AM.

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