Strain of rent on wages in WA is among highest in U.S., report finds
“Most workers in Washington are spending too much of their income on rent, according to a new report. The report from the National Low Income Housing Coalition found that Washington has the fifth highest “housing wage” in the country. That’s the amount a person must make to afford a two-bedroom home without spending more than 30% of their income on housing. To afford a two-bedroom home in Washington – based on fair market rent prices – a renter needs to make more than $40 an hour, or $83,865 a year. The average renter in Washington makes just under $29 an hour, and those who are paid minimum wage make $16.28 an hour.”