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Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in Connecticut in 2012 (in U.S. dollars)

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Source

Release date

March 2012

Region

United States

Survey time period

2012

Number of respondents

145,974 respondents

Supplementary notes

* Area Median Income; data for Fiscal Year 2012.
** Fair Market Rent; data for Fiscal Year 2012.
*** Mean-renter wages based on 2010 BLS data, adjusted using the ratio of renter to overall household income reported in American Community Survey 2005-2009 and projected to April 1, 2011.
"Affordable" rents represent the generally accepted standard of spending not more than 30 percent of gross income on gross housing costs.

Citation formats

Housing wage and affordability of a two-bedroom apartment in Connecticut 2012

Published by ÌÇÐÄÆƽâ°æ Research Department, Mar 30, 2012
The statistic shows various figures regarding affordable housing in Connecticut in 2012 - how much the inhabitants earn, the costs of a * unit, and the amount that *** must earn in order to afford the Fair Market Rent of such accommodation. The estimated mean-renter hourly wage in this state was U.S. dollars.
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