#12
Virginia
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State Facts
Minimum Wage
$7.25
Average Renter Wage
$17.69
2-Bedroom Housing Wage
$23.69
Number of Renter Households
1,057,417
Percent Renters
34%
Affordable Rent for Low Income Households
Fair Market Rent
Working at
minimum wage
$7.25/hr
Each week you
have to work
111HOURS!
To afford a modest
1 bedroom
rental home at
Fair Market Rent
Compare Jurisdictions
| Number of Households | Virginia | Accomack County |
|---|---|---|
| Total | 3,090,178 | 13,819 |
| Renter | 1,057,417 | 4,214 |
| Percent Renters | 34% | 30% |
| Housing Wage | Virginia | Accomack County |
|---|---|---|
| Zero-Bedroom | $19.21 | $11.46 |
| One-Bedroom | $20.15 | $13.31 |
| Two-Bedroom | $23.69 | $15.69 |
| Three-Bedroom | $31.72 | $19.67 |
| Four-Bedroom | $38.78 | $21.37 |
| Fair Market Rent | Virginia | Accomack County |
|---|---|---|
| Zero-Bedroom | $999 | $596 |
| One-Bedroom | $1,048 | $692 |
| Two-Bedroom | $1,232 | $816 |
| Three-Bedroom | $1,649 | $1,023 |
| Four-Bedroom | $2,016 | $1,111 |
| Annual Income Needed to Afford | Virginia | Accomack County |
|---|---|---|
| Zero-Bedroom | $39,959 | $23,840 |
| One-Bedroom | $41,922 | $27,680 |
| Two-Bedroom | $49,276 | $32,640 |
| Three-Bedroom | $65,978 | $40,920 |
| Four-Bedroom | $80,660 | $44,440 |
| Minimum Wage | Virginia | Accomack County |
|---|---|---|
| Minimum Wage | $7.25 | $7.25 |
| Rent Affordable at Minimum Wage | $377 | $377 |
| Work Hours/Week at Minimum Wage | Virginia | Accomack County |
|---|---|---|
| Zero-Bedroom | 106 | 63 |
| One-Bedroom | 111 | 73 |
| Two-Bedroom | 131 | 87 |
| Three-Bedroom | 175 | 109 |
| Four-Bedroom | 214 | 118 |
| Renter Wage | Virginia | Accomack County |
|---|---|---|
| Estimated Mean Renter Wage | $17.69 | $11.43 |
| Rent Affordable at Mean Renter Wage | $920 | $595 |
| Work Hours/Week at Mean Renter Wage | Virginia | Accomack County |
|---|---|---|
| Zero-Bedroom | 43 | 40 |
| One-Bedroom | 46 | 47 |
| Two-Bedroom | 54 | 55 |
| Three-Bedroom | 72 | 69 |
| Four-Bedroom | 88 | 75 |
| Supplemental Security Income (SSI) Payment | Virginia | Accomack County |
|---|---|---|
| SSI Monthly Payment | $750 | $750 |
| Rent Affordable to SSI Recipient | $225 | $225 |
| Income Levels | Virginia | Accomack County |
|---|---|---|
| 30% of Area Median Income (AMI) | $25,680 | $15,750 |
| Estimated Renter Median Household Income | $48,103 | $27,219 |
| Rent Affordable at Different Income Levels | Virginia | Accomack County |
|---|---|---|
| 30% of Area Median Income (AMI) | $642 | $394 |
| Estimated Renter Median Household Income | $1,203 | $680 |
*50th percentile FMR area (See Appendix B of full book for more information).
†Renter wage data not available.
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