The shortfall indicates the amount by which an average renter’s rent is lacking in order to afford a two bedroom house in that state. In 2021, Hawaii had the largest shortfall of 20.13 U.S. dollars followed by California with a shortfall of 14.15 U.S. dollars which makes them the most unaffordable states for an average renter to acquire a two bedroom housing.
Shortfall between average renter wage and two bedroom housing wage in selected states in the United States in 2021, by state
The source adds the following information: "Housing wages based on HUD fair market rents. Average renter wages based on BLS QCEW, 2019 adjusted to 2021 dollars."
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NLIHC. (July 9, 2021). Shortfall between average renter wage and two bedroom housing wage in selected states in the United States in 2021, by state [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/1255070/shortfall-between-renter-wage-and-housing-wage-usa-states/
NLIHC. "Shortfall between average renter wage and two bedroom housing wage in selected states in the United States in 2021, by state." Chart. July 9, 2021. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/1255070/shortfall-between-renter-wage-and-housing-wage-usa-states/
NLIHC. (2021). Shortfall between average renter wage and two bedroom housing wage in selected states in the United States in 2021, by state. Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/1255070/shortfall-between-renter-wage-and-housing-wage-usa-states/
NLIHC. "Shortfall between Average Renter Wage and Two Bedroom Housing Wage in Selected States in The United States in 2021, by State." Statista, Statista Inc., 9 Jul 2021, https://www.statista.com/statistics/1255070/shortfall-between-renter-wage-and-housing-wage-usa-states/
NLIHC, Shortfall between average renter wage and two bedroom housing wage in selected states in the United States in 2021, by state Statista, https://www.statista.com/statistics/1255070/shortfall-between-renter-wage-and-housing-wage-usa-states/ (last visited November 08, 2024)
Shortfall between average renter wage and two bedroom housing wage in selected states in the United States in 2021, by state [Graph], NLIHC, July 9, 2021. [Online]. Available: https://www.statista.com/statistics/1255070/shortfall-between-renter-wage-and-housing-wage-usa-states/
