#40
Indiana
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State Facts
Minimum Wage
$7.25
Average Renter Wage
$13.44
2-Bedroom Housing Wage
$15.56
Number of Renter Households
786,317
Percent Renters
31%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$7.25/hr
Each week you
have to work
69HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Indiana | Adams County |
|---|---|---|
| Total | 2,513,828 | 12,260 |
| Renter | 786,317 | 2,893 |
| Percent Renters | 31% | 24% |
| Housing Wage | Indiana | Adams County |
|---|---|---|
| Zero-Bedroom | $10.75 | $9.35 |
| One-Bedroom | $12.45 | $11.13 |
| Two-Bedroom | $15.56 | $13.40 |
| Three-Bedroom | $20.45 | $19.50 |
| Four-Bedroom | $23.11 | $23.42 |
| Fair Market Rent | Indiana | Adams County |
|---|---|---|
| Zero-Bedroom | $559 | $486 |
| One-Bedroom | $647 | $579 |
| Two-Bedroom | $809 | $697 |
| Three-Bedroom | $1,064 | $1,014 |
| Four-Bedroom | $1,202 | $1,218 |
| Annual Income Needed to Afford | Indiana | Adams County |
|---|---|---|
| Zero-Bedroom | $22,368 | $19,440 |
| One-Bedroom | $25,889 | $23,160 |
| Two-Bedroom | $32,359 | $27,880 |
| Three-Bedroom | $42,542 | $40,560 |
| Four-Bedroom | $48,077 | $48,720 |
| Minimum Wage | Indiana | Adams County |
|---|---|---|
| Minimum Wage | $7.25 | $7.25 |
| Rent Affordable at Minimum Wage | $377 | $377 |
| Work Hours/Week at Minimum Wage | Indiana | Adams County |
|---|---|---|
| Zero-Bedroom | 59 | 52 |
| One-Bedroom | 69 | 61 |
| Two-Bedroom | 86 | 74 |
| Three-Bedroom | 113 | 108 |
| Four-Bedroom | 128 | 129 |
| Renter Wage | Indiana | Adams County |
|---|---|---|
| Estimated Mean Renter Wage | $13.44 | $8.58 |
| Rent Affordable at Mean Renter Wage | $699 | $446 |
| Work Hours/Week at Mean Renter Wage | Indiana | Adams County |
|---|---|---|
| Zero-Bedroom | 32 | 44 |
| One-Bedroom | 37 | 52 |
| Two-Bedroom | 46 | 62 |
| Three-Bedroom | 61 | 91 |
| Four-Bedroom | 69 | 109 |
| Supplemental Security Income (SSI) Payment | Indiana | Adams County |
|---|---|---|
| SSI Monthly Payment | $750 | $750 |
| Rent Affordable to SSI Recipient | $225 | $225 |
| Income Levels | Indiana | Adams County |
|---|---|---|
| 30% of Area Median Income (AMI) | $20,219 | $18,720 |
| Estimated Renter Median Household Income | $30,837 | $23,938 |
| Rent Affordable at Different Income Levels | Indiana | Adams County |
|---|---|---|
| 30% of Area Median Income (AMI) | $505 | $468 |
| Estimated Renter Median Household Income | $771 | $598 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
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