Study: Renters need to work longer hours to afford rent

France Nouvelles Nouvelles

Study: Renters need to work longer hours to afford rent
France Dernières Nouvelles,France Actualités
  • 📰 Mynorthwest
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

It's no secret that Seattle rent is high, but a study from Zillow reports people have to work more to afford the average rent in metropolitan areas across the country.

reports people have to work more to afford the average rent in metropolitan areas across the country.

As hourly earnings have grown over 23%, the price of rent has likewise increased by 36.9% over the same period.. Median rent in Seattle, when you take out the extreme luxury rental prices, is closer to $1,651 a month. While Seattle renters only need to work an average of 56 hours, seven less than the national average, with high rents and a growing population, the average Emerald City renter still needs to work seven more hours to afford housing than they did five years ago, the study says.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Mynorthwest /  🏆 438. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

One Alabama metro area was the second-most sought after destination for renters in the USOne Alabama metro area was the second-most sought after destination for renters in the USThe survey was compiled from user data collected by Rent.com's Internet listings services.
Lire la suite »

Starbucks Moves to Close First Unionized Shop in Its Home City of SeattleStarbucks Moves to Close First Unionized Shop in Its Home City of SeattleStarbucks has announced that it will soon close yet another unionized location — the Seattle shop that was the first to unionize in the coffee giant’s home city. Workers and union representatives say the decision was clearly retaliatory.
Lire la suite »

Starbucks to shutter first Seattle store to unionize, citing 'safety and security incidents'Starbucks to shutter first Seattle store to unionize, citing 'safety and security incidents'Starbucks is shuttering a store in Seattle that was the first to unionize amid what the company calls 'safety and security incidents,' prompting backlash from the union.
Lire la suite »

Seattle City Council’s proposed budget includes $500M for affordable housing; vote next weekSeattle City Council’s proposed budget includes $500M for affordable housing; vote next weekThe proposed budget also includes money for addressing homelessness, community-driven projects, strategies to tackle climate change, public safety, community organizations and small businesses, and transportation.
Lire la suite »

Sounders GM Garth Lagerwey leaves Seattle for opportunity in AtlantaSounders GM Garth Lagerwey leaves Seattle for opportunity in AtlantaAfter serving as the general manager and president of soccer for the Seattle Sounders FC for eight seasons, Garth Lagerwey was named to succeed Darren Eales as Atlanta United’s president and chief executive officer on Tuesday. FOX13
Lire la suite »



Render Time: 2025-03-12 13:44:53