LOS ANGELES - An annual report from the National Low Income Housing Coalition found that full-time minimum wage workers can afford a one-bedroom rental in only 7% of all counties nationwide.
The report explains that the average renter also often does not earn enough to afford even a modest rental home. The federal minimum wage is $7.25 while full-time minimum-wage workers typically work 40 hours per week.
Workers in 49 states, the District of Columbia and, Puerto Rico earn less than what’s required for the average two-bedroom housing wage, according to the report.