The economic downturn spurred by the COVID-19 pandemic further increases the risk of housing instability for millions of low-wage renters in the United States. This new reality exacerbates the already alarming trend in the United States of housing costs outpacing what many workers could afford.

  • According to the Out of Reach 2020 report from the National Low Income Housing Coalition, the average renter in the United States does not earn enough to afford a modest rental home. Nationally, the average renter’s hourly wage is $18.22, which is $5.74 below the national two-bedroom housing wage and $1.34 below the national one-bedroom housing wage.
  • The average minimum wage worker must work nearly 97 hours per week (more than two full-time jobs) to afford a two-bedroom rental home. People who work 97 hours per week and need 8 hours per day of sleep have fewer than 2.5 hours per day for everything else—commuting, cooking, cleaning, recreation, caring for children and other family members, and serving their community.

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