Hourly wages of different races compared to housing wages in the U.S. 2024, by race

Hourly wages in the United States are broken into different percentiles to show the hourly earnings of White, Black, and Latino renters in the different percentiles. White workers in all earning percentiles had a higher wage than Black or Latino people. Considering that the housing wages for one- and two-bedroom housing were 26.74 and 32.11 U.S. dollars, respectively, not all earners in the 70th percentile and lower could afford housing. In fact, only white renters in the 50th and 60th could afford a one-bedroom apartment that year. Moreover, while only Black renters in the 70th percentile could afford one-bedroom housing, white renters were able to afford both. However, for a Latino worker making a wage at the 70th percentile, even a one-bedroom unit was not affordable.