#21
Texas
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State Facts
Minimum Wage
$7.25
Average Renter Wage
$18.20
2-Bedroom Housing Wage
$19.32
Number of Renter Households
3,542,096
Percent Renters
38%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$7.25/hr
Each week you
have to work
86HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Texas | Anderson County |
|---|---|---|
| Total | 9,289,554 | 16,572 |
| Renter | 3,542,096 | 4,676 |
| Percent Renters | 38% | 28% |
| Housing Wage | Texas | Anderson County |
|---|---|---|
| Zero-Bedroom | $13.52 | $10.65 |
| One-Bedroom | $15.62 | $12.02 |
| Two-Bedroom | $19.32 | $14.10 |
| Three-Bedroom | $26.10 | $18.98 |
| Four-Bedroom | $32.31 | $24.83 |
| Fair Market Rent | Texas | Anderson County |
|---|---|---|
| Zero-Bedroom | $703 | $554 |
| One-Bedroom | $812 | $625 |
| Two-Bedroom | $1,005 | $733 |
| Three-Bedroom | $1,357 | $987 |
| Four-Bedroom | $1,680 | $1,291 |
| Annual Income Needed to Afford | Texas | Anderson County |
|---|---|---|
| Zero-Bedroom | $28,129 | $22,160 |
| One-Bedroom | $32,489 | $25,000 |
| Two-Bedroom | $40,185 | $29,320 |
| Three-Bedroom | $54,280 | $39,480 |
| Four-Bedroom | $67,204 | $51,640 |
| Minimum Wage | Texas | Anderson County |
|---|---|---|
| Minimum Wage | $7.25 | $7.25 |
| Rent Affordable at Minimum Wage | $377 | $377 |
| Work Hours/Week at Minimum Wage | Texas | Anderson County |
|---|---|---|
| Zero-Bedroom | 75 | 59 |
| One-Bedroom | 86 | 66 |
| Two-Bedroom | 107 | 78 |
| Three-Bedroom | 144 | 105 |
| Four-Bedroom | 178 | 137 |
| Renter Wage | Texas | Anderson County |
|---|---|---|
| Estimated Mean Renter Wage | $18.20 | $14.45 |
| Rent Affordable at Mean Renter Wage | $946 | $751 |
| Work Hours/Week at Mean Renter Wage | Texas | Anderson County |
|---|---|---|
| Zero-Bedroom | 30 | 29 |
| One-Bedroom | 34 | 33 |
| Two-Bedroom | 42 | 39 |
| Three-Bedroom | 57 | 53 |
| Four-Bedroom | 71 | 69 |
| Supplemental Security Income (SSI) Payment | Texas | Anderson County |
|---|---|---|
| SSI Monthly Payment | $750 | $750 |
| Rent Affordable to SSI Recipient | $225 | $225 |
| Income Levels | Texas | Anderson County |
|---|---|---|
| 30% of Area Median Income (AMI) | $20,963 | $16,110 |
| Estimated Renter Median Household Income | $38,153 | $30,372 |
| Rent Affordable at Different Income Levels | Texas | Anderson County |
|---|---|---|
| 30% of Area Median Income (AMI) | $524 | $403 |
| Estimated Renter Median Household Income | $954 | $759 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
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