According to the National Low Income Housing Coalition California comes in 3rd for highest housing wage in the country. In the report, they estimate an hourly wage that “a full-time worker must earn to afford a modest rental home without spending more than 30% of his or her income on rent and utility costs.”
Based on that measurement, they came up with these numbers for California:
- California is 3rd in the nation for highest housing wage for rentals
- You would need to make $28.59 an hour and work 114 hours a week to afford a 2 bedroom unit
Check out the graphic that they created below to see how other states rank.
Out of Reach (2016) Facts and Overview – National Low Income Housing Coalition