- The amount a renter household needs to earn to afford a modest apartment (the state "housing wage") increased by 5 percent — a higher rate of change compared to the 3 percent increase from 2015 to 2016.
- Minnesota has climbed to #21 on the list of most expensive states in the nation, up from #24 just five years ago, rising above states like Texas and Arizona.
- To afford a two-bedroom apartment, the median-income renter in Minnesota would need a 13 percent raise.
- A full-time minimum wage earner can’t afford even a one-bedroom apartment in any of Minnesota’s 87 counties.
- The lowest income households — those earning 30 percent or less of area median income — can afford a modest one-bedroom apartment in only four of Minnesota’s 87 counties. Even efficiencies are not affordable in 35 counties.
Out of Reach Minnesota 2017
- Written by Gabriela Norton