The percentage of American full-time minimum-wage workers who can afford to rent a one-bedroom apartment in any U.S. state without being what the government calls "burdened" is so vanishingly small — less than one percent — that it rounds down to zero.
That's the conclusion of the National Low Income Housing Coalition, a lobbying group that pushes for more low-income housing and also reports that no full-time minimum-wage worker can afford a two-bedroom apartment in any U.S. state. Researchers define "afford" by people's ability to pay 30 percent of their income or less on the cost of housing, which may include their mortgage, insurance and taxes. Those who are severely cost-burdened must use 50 percent or more of their income just to cover housing.
The cost of housing has risen so significantly that even a one-bedroom is out of reach everywhere except in 12 counties located in rural Washington, Arizona and Oregon, reports Laura Bliss for CityLab.