Some Highlights: The percentage of income needed to afford a median priced home is almost half the percentage of income needed to
afford median rent.
First, we looked at rental affordability to determine how rent prices compared to occupations available in the area that can
afford the median rent for a two - bedroom apartment.
Not exact matches
To address the amount of
rent the workforce including Amazon could
afford and how it would differ from that of the current workforce, we calculate how the new workforce would affect the
median income in each city.
At a
median rent of just $ 755 a month, it's easy to
afford to live in Harrisburg.
Bayonne can be an expensive city to own a home in — the
median home value is about $ 315,000 — so many people find themselves
renting apartments in Bayonne and the
median gross
rent is about $ 1,000, much more in line with what most people are able to reasonably
afford.
Targeting only households making less than 80 % of area
median income and implementing
rent controls, this project will be home for two moderately low income families that want to live and work in Waldo, but otherwise could not
afford to.
At a
median rent of just $ 755 a month, it's easy to
afford to live in Harrisburg.
Of these professions, only one — flight attendants — has an average wage high enough to
afford the mortgage on a
median - priced home in the U.S., and workers in two of the jobs — housekeepers and wait staff — can not
afford the typical
rent on either a one - or two - bedroom apartment in any metro area.
To address the amount of
rent the workforce including Amazon could
afford and how it would differ from that of the current workforce, we calculate how the new workforce would affect the
median income in each city.