Earn minimum wage in the US? You can afford to live in exactly 12 counties
A person working a full-time minimum-wage job will find it virtually impossible to rent an affordable home anywhere in the US, according to a study that sheds new light the country’s housing crisis. The report reveals that there is not a single county or metropolitan area in which a minimum-wage worker can afford a modest two-bedroom home, which the federal government defines as paying less than 30% of a household’s income for rent and utilities. This applies even in places that have raised their minimum wage higher than the baseline federal level of $7.25, which equates to around $15,000 a year.
