![Cleveland, Akron, among highest rents in Ohio, but average wages cannot cover costs [MAP]](https://i.headtopics.com/images/2023/6/29/clevelanddotcom/cleveland-akron-among-highest-rents-in-ohio-but-av-cleveland-akron-among-highest-rents-in-ohio-but-av-1674184660006453259.webp)
The Greater Cleveland and Akron areas are among the top five places in the state that require a higher necessary wage to afford rent, requiring a minimum wage of $19.19 in the Cleveland-Elyria areas and $19.75 in Akron.
An apartment for rent in Cleveland, edited to remove the contact phone number.CLEVELAND, Ohio - Ohio residents must make at least $19.09 per hour to afford a two-bedroom apartment at fair market value without spending more than 30% of their income on housing.
Households are considered severely housing cost-burdened if they spend more than 50% of their income on housing costs. The most expensive states in terms of housing cost in the United States are California, Hawaii, Massachusetts, New York and Washington.Rising housing costs and the rate of people being unhoused have been an increasing problem in the United States, where this year, the hourly wage a person working full-time needs to earn to afford a one-bedroom apartment is $23.67, more than three times the federal minimum wage.
Nationwide, median rents increased by 18% during 2021, and 25% between January 2021 and June 2022. At the same time, median household income has only increased by 3.2%. While the housing increases have slowed in 2022 and 2023, the effects of rapid rent increases are being felt. s, like service, consumer-goods production, and transportation, while white workers are more often found in higher-paying management or professional positions.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This ‘Mission: Impossible’ Box Set Is On Sale for Just $19 Ahead of ‘Dead Reckoning’ ReleaseTom Cruse is roaring back onto the big screen this summer with “Mission: Impossible – Dead Reckoning,” which hits theaters July 12. But fans of the action series can catch up on all six previ…
Read more »
Cleveland Missing holding press conference for Cleveland teenager gone 11 daysThe Cleveland Family Center for Missing Children and Adults, or Cleveland Missing, is holding a press conference with Keshaun Williams’s family at 11 a.m. Wednesday to provide an update on the missing 15-year-old.
Read more »
University of Akron student taken to hospital, buildings temporarily closed after chemical spillAccording to a spokesperson from the university, the student was working in a lad inside the Knight Chemical Lab building and dropped a bottle that broke.
Read more »
Residents, workers counting their blessings after escaping fire in AkronYellow tape and blackened bricks remain on the ground after a fire gutted Images of You Hair Salon and the apartments above it on West Exchange Street in the Highland Square neighborhood of Akron.
Read more »
Akron activists travel to Washington, DC for Justice for Jayland rally“This rally aims to raise awareness and demand justice for Jayland Walker,” The Freedom BLOC said. “Together, we can make a difference and ensure that his story is heard.”
Read more »
Akron school board approves new policy requiring students to lock away cell phonesStudents will be required to put their cell phones into Yondr pouches, phone-sized bags that lock automatically when closed.
Read more »