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Posted on 6/22/17 at 6:12 am to GreatLakesTiger24
Why does a minimum wage worker need a two bedroom apartment? Why does any one person need a two bedroom apartment?
Wouldn't a two bedroom indicate multiple people living in the place? Can the second person work?
How many 40/hr a week jobs only pay minimum wage?
Just looking at Alabama, two people making $7.50/hr could get a two bedroom apartment easily.
Minimum wage at 40/hr a week is only around $15k/year. I'm fairly certain that qualifies you for a good bit of government assistance.
Also, how inflated are some of these numbers when you consider how expensive two bedroom apartments are in say, San Francisco or Manhattan?
Wouldn't a two bedroom indicate multiple people living in the place? Can the second person work?
How many 40/hr a week jobs only pay minimum wage?
Just looking at Alabama, two people making $7.50/hr could get a two bedroom apartment easily.
Minimum wage at 40/hr a week is only around $15k/year. I'm fairly certain that qualifies you for a good bit of government assistance.
Also, how inflated are some of these numbers when you consider how expensive two bedroom apartments are in say, San Francisco or Manhattan?
Posted on 6/22/17 at 6:18 am to yellowfin
quote:Me!
Who only works 40 hours a week?
Posted on 6/22/17 at 6:24 am to GreatLakesTiger24
I wish. I'm averaging 60 a week. But with my current job, I'm going to make more money in overtime, than I did all year at my last job. So I'll milk this teet for the rest of the year, and take a couple months off.
Posted on 6/22/17 at 6:25 am to StringedInstruments
If you look at the PDF it also has the country broken down by county as well as high profile cities.
It also has charts showing 1 bedroom in addition to 2 bedroom rental prices.
It also has a state by state breakdown.
It also has charts showing 1 bedroom in addition to 2 bedroom rental prices.
It also has a state by state breakdown.
Posted on 6/22/17 at 6:27 am to GreatLakesTiger24
quote:
The average full-time minimum wage worker can’t afford rent in ANY state.
If you're only willing to spend 30% of your income, dead set on having a 2BR place without a roommate, well, yeah. That's called "living beyond your means".
Posted on 6/22/17 at 6:30 am to GreatLakesTiger24
How much does it cost to live in a van down by the river?
Posted on 6/22/17 at 6:34 am to GreatLakesTiger24
So this is basically saying it's tough. Why would a childless single person need two bedrooms or a two parent home can afford those prices.
Posted on 6/22/17 at 6:38 am to Porter Osborne Jr
Even for 1-bedroom apartments it isn't much better.
Arkansas is the most affordable but a minimum wage worker here needs to work 51 hours a week to keep from spending more than 30% of gross income on a 1-bedroom. Also note that minimum wage here is $8.50 which is above the federal minimum.
Obviously what ends up happening is people work more hours, spend a greater percentage on rent, and/or make more than minimum wage.
Eta: According to the map there are only 12 counties in the country where the average minimum wage worker can spend 30% of their gross income on a 1-bedroom apartment without going over 40 hours a week.
Looks like they're all in Washington, Oregon, and Arizona.
Arkansas is the most affordable but a minimum wage worker here needs to work 51 hours a week to keep from spending more than 30% of gross income on a 1-bedroom. Also note that minimum wage here is $8.50 which is above the federal minimum.
Obviously what ends up happening is people work more hours, spend a greater percentage on rent, and/or make more than minimum wage.
Eta: According to the map there are only 12 counties in the country where the average minimum wage worker can spend 30% of their gross income on a 1-bedroom apartment without going over 40 hours a week.
Looks like they're all in Washington, Oregon, and Arizona.
This post was edited on 6/22/17 at 6:45 am
Posted on 6/22/17 at 6:41 am to dbeck
That's exactly what my parents did. Their cost of living in Northwest AR is cheap!
Posted on 6/22/17 at 6:48 am to StringedInstruments
quote:
Why does a minimum wage worker need a two bedroom apartment? Why does any one person need a two bedroom apartment?
Wouldn't a two bedroom indicate multiple people living in the place? Can the second person work?
Sometimes people have children
Posted on 6/22/17 at 6:52 am to Tiger Vision
quote:
How much does it cost to live in a van down by the river?
Free if you're in a national Forest. Hell, that's my dream one day. To live in a van by a river. But obviously not a river in the city.
I actually did that about 10 years ago, when I moved to Asheville, NC, except it was a Creek. My uncle has mountain top property 20 minutes outside of town, and I didn't knows shite about the area. So I camped on his property for a month, until I found a place.
He was there for a couple weeks of it. But it got old once he left, and I was camping alone. But it was a great way to learn about a cool place like the Appalachians.
Posted on 6/22/17 at 6:52 am to LesMiles BFF
Then there should be two incomes
Posted on 6/22/17 at 6:57 am to dbeck
quote:
Obviously what ends up happening is people work more hours, spend a greater percentage on rent, and/or make more than minimum wage.
Only 2% of full time workers make minimum wage. 98% make more.
Average US wage is around $22/hour for full time workers.
I agree that there's an income disparity issue and an issue with affordable housing in our country right now. As someone that was just on the rental market looking for a decent, well-kept house in an adequate school system, I know firsthand how high rental prices can be. We lucked out in finding a 70 year old man who owns a four bedroom house in Vestavia Hills, AL and only had it up for rent for $1500/month. Comparable rentals would be around $1800-$2500/month (depending on luxury features) in the same area.
But the OP image - from heavily slanted Huffington Post - made a mistake when it listed "two bedroom" instead of one.
Posted on 6/22/17 at 6:58 am to GreatLakesTiger24
These studies are so slanted it's unreal.
Why would anyone think that the MINIMUM wage would and should even come close to supporting renting a 2 bedroom rental in the 40th percentile?? While being the sole earner, and not working more than 40 hours a week.
Can 2 people in the 40th percentile of wages afford a 2 bedroom rental in the 40th percentile? That might be some valuable data.
Why would anyone think that the MINIMUM wage would and should even come close to supporting renting a 2 bedroom rental in the 40th percentile?? While being the sole earner, and not working more than 40 hours a week.
Can 2 people in the 40th percentile of wages afford a 2 bedroom rental in the 40th percentile? That might be some valuable data.
Posted on 6/22/17 at 7:01 am to LesMiles BFF
quote:
Sometimes people have children
And they would receive even more government assistance.
A single parent making $15k/year - hell, double it at $30k/year - would be eligible for:
Food stamps
Child tax credit
Practically free health insurance
Dependency Exemption
Earned Income Tax Credit
Dependent care credit
Probably eligible for government assisted housing as well.
This post was edited on 6/22/17 at 7:31 am
Posted on 6/22/17 at 7:38 am to StringedInstruments
quote:
And they would receive even more government assistance.
A single parent making $15k/year - hell, double it at $30k/year - would be eligible for:
Food stamps
Child tax credit
Practically free health insurance
Dependency Exemption
Earned Income Tax Credit
Dependent care credit
Probably eligible for government assisted housing as well.
Nothing says USA more than rewarding bad choices in life.
Btw, Dallas 2-bdr market is easily anywhere from 1200-2800 pending on the area. No way in hell someone making 18 an hour can afford alone. The rural parts of the state drag that number SIGNIFICANTLY down.
Posted on 6/22/17 at 7:40 am to Sao
Have always heard that native Hawaiians are some of the biggest racists around.
Posted on 6/22/17 at 7:42 am to Huey Lewis
quote:
I wonder if being a maladjusted loser that can't maintain a stable friendship or relationship and thus split the cost of rent with another person might also effect a person's ability to ever earn more than minimum wage? Nah must be evil Republicans or something.
Or a single parent who is desperately trying to provide their child with a good living condition, healthy meals everyday and afford after care at school so you can actually work a full 40 hours.
What's it like to be a total prick with little understanding of how the world works? Those people you described don't need a two bedroom house.
Posted on 6/22/17 at 7:49 am to TexasTiger1185
quote:
Or a single parent who is desperately trying to provide their child with a good living condition, healthy meals everyday and afford after care at school so you can actually work a full 40 hours.
How prevalent is that scenario?
Did someone force them to have a child?
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