Out of Reach Minnesota 2017

The Minnesota Housing Partnership recently released their report Out of Reach Minnesota 2017: The growing gap between wages and rent.  This study breaks down data to the local level, showing us that in Ramsey and Washington County, a renter must earn $20.88 per hour to afford a modest two-bedroom apartment, while estimated hourly mean renter wages are $16.71 and $11.18, respectively.  Utilizing the definition that affordable housing should cost no more than 30% of income, the report reveals that a full-time minimum wage earner can’t afford even a one-bedroom apartment in any county in the state.