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new report by the National Low-Income Housing Coalition shows that there is no state in the U.S. where a full-time, minimum-wage worker can afford the rent of a one-bedroom apartment, Vox reports.
According to the report, the national average Housing Wage in 2015 is $19.35 for a two-bedroom unit, and $15.50 for a one-bedroom unit, while the federal minimum wage remains at $7.25 per hour in 2015, which hasn’t been raised since 2009. In 13 states and D.C., Housing Wage is more than $20 per hour. The Housing Wage is an estimate of the full-time hourly wage that a household must earn to afford a decent apartment at HUD’s estimated Fair Market Rent (FMR) for no more than 30% of their income.
The data from the report show a gap between wages and rents across the country. In no state or D.C. can a full-time minimum-wage earning worker at the federal minimum wage afford a one- or two-bedroom apartment for his or her family. With the exception of just a few counties in Washington and Oregon (where the state minimum wage is $9.47 and $9.25, respectively), in no county in the U.S. a one-bedroom unit at the FMR is affordable to someone working 40 hours a week at the minimum wage, according to the report.
So, I post this thread and ask, why isn't income inequality the main focus of this election cycle? How is it possible that we have what ammounts to 40% of the population living under the poverty line and the other 59% barely making it by as 'Middle Class'?