The statistic shows various figures regarding affordable housing in New Jersey in 2012 - 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 16.40 U.S. dollars.
Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in New Jersey in 2012
(in U.S. dollars)
* 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.
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NLIHC. (March 30, 2012). Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in New Jersey in 2012 (in U.S. dollars) [Graph]. In Statista. Retrieved December 26, 2024, from https://www.statista.com/statistics/203952/housing-wage-and-affordability-of-an-apartment-in-new-jersey/
NLIHC. "Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in New Jersey in 2012 (in U.S. dollars)." Chart. March 30, 2012. Statista. Accessed December 26, 2024. https://www.statista.com/statistics/203952/housing-wage-and-affordability-of-an-apartment-in-new-jersey/
NLIHC. (2012). Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in New Jersey in 2012 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 26, 2024. https://www.statista.com/statistics/203952/housing-wage-and-affordability-of-an-apartment-in-new-jersey/
NLIHC. "Wages Earned and Wages Necessary to Afford a Two-bedroom Apartment at Fair Market Rent in New Jersey in 2012 (in U.S. Dollars)." Statista, Statista Inc., 30 Mar 2012, https://www.statista.com/statistics/203952/housing-wage-and-affordability-of-an-apartment-in-new-jersey/
NLIHC, Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in New Jersey in 2012 (in U.S. dollars) Statista, https://www.statista.com/statistics/203952/housing-wage-and-affordability-of-an-apartment-in-new-jersey/ (last visited December 26, 2024)
Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in New Jersey in 2012 (in U.S. dollars) [Graph], NLIHC, March 30, 2012. [Online]. Available: https://www.statista.com/statistics/203952/housing-wage-and-affordability-of-an-apartment-in-new-jersey/
