- Created: Monday, 11 March 2013 13:57
According to the Out of Reach report for 2013 released this week, a minimum wage earner in Minnesota would have to work 89 hours per week – or hold 2.2 full time jobs -- to afford a modest two-bedroom apartment. Of the twelve states in the Midwest, Minnesota has ranked the worst for affordability for minimum wage workers for three consecutive years.
The annual Out of Reach report by the National Low Income Housing Coalition provides rental affordability data for every state, metro area, and county in the US. MHP's Minnesota-specific report includes state data, including three Minnesota maps.
In order to afford the rent and utilities for a safe, modest 2-bedroom apartment in the private housing market, a Minnesota worker would need to earn $16.08 per hour, 40 hours a week, all year long. By contrast, the typical renter household in Minnesota earns the equivalent of $14.09 per hour. Federal minimum wage pays only $7.25 per hour.
The report underscores the urgency of passing legislation to ensure that resources are available to make housing affordable to renters, at both the state and federal levels.