Keith Wardrip, Research Analyst
Danilo Pelletiere, Research Director
Sheila Crowley, President
Out of Reach 2006 compares the Housing Wage to local wage and income levels for every county, metropolitan area and state in the country. The Housing Wage is the full time hourly wage you would need to earn in order to pay what HUD estimates to be the Fair Market Rent for a home where you live spending no more than 30% of your income on housing costs.
By presenting the data in hourly wages and monthly housing costs, Out of Reach translates the national housing crisis into numbers that people can relate to in their personal lives, also enabling them to understand the housing needs of others as individuals and not as statistics.
Rather than simply focusing on describing the problem, Out of Reach provides a single statistic that helps direct our thinking about how to solve America’s low income housing crisis. Whether through decreasing housing costs or increasing wages, the Housing Wage provides a policy goal as well as a benchmark for bridging the country’s affordable housing gap.
For more information on the 2006 Out of Reach data, please contact Elina Bravve at email@example.com or 202-662-1530 x244.