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Housing wage and affordability of a two-bedroom apartment in New Jersey 2012

Wages earned and wages necessary to afford a two-bedroom apartment at Fair Market Rent in New Jersey in 2012

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Source

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Release date

March 2012

Region

United States

Survey time period

2012

Number of respondents

145,974 respondents

Method of interview

Face-to-face interview

Supplementary notes

* 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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Statistics on " Affordable housing in the United States "

Statistics on Affordable housing in the United States

Overview

7

Affordability by profession

4

Home purchase behavior

6

Manufactured homes

6

Affordable housing access

5

Obstacles to improving access

4

Further related statistics

11
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