A report issued May 25 by the National Low Income Housing Alliance shows that “affordable housing” isn’t affordable for those working at the minimum wage—even those that have been increased by states above the federal requirement.
The Out of Reach 2016 report compares minimum wages to the “housing wage”—the amount needed to afford a two-bedroom apartment without spending more than 30 percent of one’s income, and found that “in no state, metropolitan area or county can a full-time worker earning the prevailing minimum wage afford a modest two-bedroom apartment.”
The report breaks down numbers by state, and further down by county. On the state level, those with the smallest gap between the minimum wage and the housing wage are among those that have increased the minimum wage; West Virginia, Ohio, Colorado, Nebraska, South Dakota, Montana, Michigan and Arkansas.
In those eight states, a minimum-wage worker must put in between 49 and 57 hours per week to meet the two-bedroom housing wage.