#5
New York
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State Facts
Minimum Wage
$11.80
Average Renter Wage
$25.68
2-Bedroom Housing Wage
$32.53
Number of Renter Households
3,373,181
Percent Renters
46%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$11.80/hr
Each week you
have to work
95HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | New York | Albany County |
|---|---|---|
| Total | 7,316,537 | 126,008 |
| Renter | 3,373,181 | 54,755 |
| Percent Renters | 46% | 43% |
| Housing Wage | New York | Albany County |
|---|---|---|
| Zero-Bedroom | $26.51 | $14.37 |
| One-Bedroom | $28.02 | $16.44 |
| Two-Bedroom | $32.53 | $20.27 |
| Three-Bedroom | $41.27 | $25.25 |
| Four-Bedroom | $44.66 | $27.46 |
| Fair Market Rent | New York | Albany County |
|---|---|---|
| Zero-Bedroom | $1,378 | $747 |
| One-Bedroom | $1,457 | $855 |
| Two-Bedroom | $1,691 | $1,054 |
| Three-Bedroom | $2,146 | $1,313 |
| Four-Bedroom | $2,322 | $1,428 |
| Annual Income Needed to Afford | New York | Albany County |
|---|---|---|
| Zero-Bedroom | $55,133 | $29,880 |
| One-Bedroom | $58,283 | $34,200 |
| Two-Bedroom | $67,653 | $42,160 |
| Three-Bedroom | $85,846 | $52,520 |
| Four-Bedroom | $92,888 | $57,120 |
| Minimum Wage | New York | Albany County |
|---|---|---|
| Minimum Wage | $11.80 | $11.80 |
| Rent Affordable at Minimum Wage | $614 | $614 |
| Work Hours/Week at Minimum Wage | New York | Albany County |
|---|---|---|
| Zero-Bedroom | 90 | 49 |
| One-Bedroom | 95 | 56 |
| Two-Bedroom | 110 | 69 |
| Three-Bedroom | 140 | 86 |
| Four-Bedroom | 151 | 93 |
| Renter Wage | New York | Albany County |
|---|---|---|
| Estimated Mean Renter Wage | $25.68 | $16.34 |
| Rent Affordable at Mean Renter Wage | $1,335 | $850 |
| Work Hours/Week at Mean Renter Wage | New York | Albany County |
|---|---|---|
| Zero-Bedroom | 41 | 35 |
| One-Bedroom | 44 | 40 |
| Two-Bedroom | 51 | 50 |
| Three-Bedroom | 64 | 62 |
| Four-Bedroom | 70 | 67 |
| Supplemental Security Income (SSI) Payment | New York | Albany County |
|---|---|---|
| SSI Monthly Payment | $870 | $870 |
| Rent Affordable to SSI Recipient | $261 | $261 |
| Income Levels | New York | Albany County |
|---|---|---|
| 30% of Area Median Income (AMI) | $26,366 | $29,760 |
| Estimated Renter Median Household Income | $46,708 | $39,757 |
| Rent Affordable at Different Income Levels | New York | Albany County |
|---|---|---|
| 30% of Area Median Income (AMI) | $659 | $744 |
| Estimated Renter Median Household Income | $1,168 | $994 |
Median Wages for Largest Occupations
| Occupation | Total Employment | Median Hourly Wage |
|---|---|---|
| Cashiers | 198,340 | $12.51 |
| Fast Food and Counter Workers | 211,970 | $12.96 |
| Retail Salespersons | 288,630 | $13.29 |
| Stockers and Order Fillers | 111,920 | $13.58 |
| Home Health and Personal Care Aides | 444,880 | $13.69 |
| Cooks, Restaurant | 71,100 | $14.95 |
| Waiters and Waitresses | 160,470 | $15.13 |
| Teaching Assistants, Except Postsecondary | 131,100 | $15.30 |
| Laborers and Freight, Stock, and Material Movers, Hand | 132,350 | $15.45 |
| Janitors and Cleaners, Except Maids and Housekeeping Cleaners | 190,730 | $16.04 |
| Security Guards | 118,210 | $16.71 |
| Receptionists and Information Clerks | 95,590 | $16.81 |
| Office Clerks, General | 186,380 | $17.05 |
| Nursing Assistants | 85,090 | $18.92 |
| Customer Service Representatives | 158,520 | $19.09 |
| Secretaries and Administrative Assistants, Except Legal, Medical, and Executive | 166,810 | $20.23 |
| Maintenance and Repair Workers, General | 112,560 | $21.42 |
| Bookkeeping, Accounting, and Auditing Clerks | 101,030 | $22.39 |
| All Occupations | $22.89 | |
| One-Bedroom Housing Wage | $28.02 | |
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | 75,220 | $29.69 |
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | 68,110 | $31.90 |
| Two-Bedroom Housing Wage | $32.53 | |
| First-Line Supervisors of Office and Administrative Support Workers | 110,080 | $33.11 |
| Executive Secretaries and Executive Administrative Assistants | 91,240 | $35.39 |
| Market Research Analysts and Marketing Specialists | 68,680 | $35.69 |
| Elementary School Teachers, Except Special Education | 92,560 | $38.86 |
| Secondary School Teachers, Except Special and Career/Technical Education | 75,360 | $41.71 |
| Accountants and Auditors | 112,030 | $42.49 |
| Registered Nurses | 178,320 | $42.84 |
| Software Developers and Software Quality Assurance Analysts and Testers | 78,890 | $56.42 |
| General and Operations Managers | 168,730 | $64.72 |
| Lawyers | 77,060 | $72.09 |
†Renter wage data not available.
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