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What is Happening in
Paycheck to Paycheck - 2008 Fourth Quarter Findings
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| Rental Market | |
| 2008 Fair Market Rent: 1BR not available, 2BR not available |
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©Copyright 2000-2010 Center for Housing Policy
Rental data are from the U.S. Department of Housing and Urban Development's report on Fair Market Rents for the year 2009 and are based on a survey of recently occupied units. The Hourly Wage Needed to Afford is the hourly wage that must be earned so that this rent does not exceed 30 percent of income, a standard measure of affordability. It is based on a concept developed by the National Low Income Housing Coalition. Wage data are as of November, 2008 and were obtained from a proprietary database of salary information by geographic location maintained by Salary.com. |
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