The statistic shows various figures regarding affordable housing in California in 2011 - how much the inhabitants earn, the costs of a two-bedroom unit, and the amount that one must earn in order to afford the Fair Market Rent of such accommodation. The estimated mean-renter hourly wage in this state was 16.74 U.S. dollars.
Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in California in 2011
(in U.S. dollars)
Characteristic
Amount in U.S. dollars
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* Area Median Income; data for Fiscal Year 2011. ** Fair Market Rent; data for Fiscal Year 2011. *** Mean-renter wages based on 2009 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.
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NLIHC. (June 30, 2011). Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in California in 2011 (in U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/203806/housing-wage-and-affordability-of-a-two-bedroom-apartment-in-california/
NLIHC. "Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in California in 2011 (in U.S. dollars)." Chart. June 30, 2011. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/203806/housing-wage-and-affordability-of-a-two-bedroom-apartment-in-california/
NLIHC. (2011). Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in California in 2011 (in U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/203806/housing-wage-and-affordability-of-a-two-bedroom-apartment-in-california/
NLIHC. "Wages Earned and Wages Necessary to Afford a Two-bedroom Apartment at Fair Market Rent in California in 2011 (in U.S. Dollars)." Statista, Statista Inc., 30 Jun 2011, https://www.statista.com/statistics/203806/housing-wage-and-affordability-of-a-two-bedroom-apartment-in-california/
NLIHC, Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in California in 2011 (in U.S. dollars) Statista, https://www.statista.com/statistics/203806/housing-wage-and-affordability-of-a-two-bedroom-apartment-in-california/ (last visited July 22, 2024)
Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in California in 2011 (in U.S. dollars) [Graph], NLIHC, June 30, 2011. [Online]. Available: https://www.statista.com/statistics/203806/housing-wage-and-affordability-of-a-two-bedroom-apartment-in-california/
