The National Low Income Housing Coalition's annual report on rental housing affordability in every jurisdiction in the country.
Link to the fullOut of Reach 2006 report for national data and more viewing options.
Or see the "PA Data" Excel download, below, for details on all Pennsylvania jurisdictions.
Despite the emphasis on homeownership and the marginalization of renters, renter households still make up fully one-third of the households in the United States — nearly 36 million households. Out of Reach is a side-by-side comparison of wages and rents in every county, Metropolitan Area (MSAs/HMFAs), combined nonmetropolitan area and state in the United States.
For each jurisdiction, the report calculates the amount of money a household must earn in order to afford a rental unit at a range of sizes (0, 1, 2, 3, and 4 bedrooms) at the area’s Fair Market Rent (FMR), based on the generally accepted affordability standard of paying no more than 30% of income for housing costs.
From these calculations the hourly wage a worker must earn to afford the FMR for a two-bedroom home is derived. This figure is the Housing Wage.
Pennsylvania Highlights
In Pennsylvania, the Fair Market Rent (FMR) for a two-bedroom apartment is $757. In order to afford this level of rent and utilities, without paying more than 30% of income on housing, a household must earn $2,525 monthly or $30,300 annually. Assuming a 40-hour work week, 52 weeks per year, this level of income translates into a Housing Wage of $14.57.
In Pennsylvania, a minimum wage worker earns an hourly wage of $5.15. In order to afford the FMR for a two-bedroom apartment, a minimum wage earner must work 113 hours per week, 52 weeks per year. Or, a household must include 2.8 minimum wage earner(s) working 40 hours per week year-round in order to make the two bedroom FMR affordable.
In Pennsylvania, the estimated mean (average) wage for a renter is $11.57 an hour. In order to afford the FMR for a two-bedroom apartment at this wage, a renter must work 50 hours per week, 52 weeks per year. Or, working 40 hours per week year-round, a household must include 1.3 worker(s) earning the mean renter wage in order to make the two-bedroom FMR affordable.
Monthly Supplemental Security Income (SSI) payments for an individual are $603 in Pennsylvania. If SSI represents an individual's sole source of income, $181 in monthly rent is affordable, while the FMR for a one-bedroom is $630.
Main Office: 2 South Easton Road | Glenside, PA 19038 | Ph: 215-576-7044 | info@housingalliancepa.org Harrisburg: 610 N. Third Street, Harrisburg PA 17101 | Ph: 717-909-2006 Western PA: 710 Fifth Avenue, Suite 1000 | Pittsburgh, PA 15219 | Ph: 412-281-1137