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80A - JOINT - JOSEPH HOUSE AMEND
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11/07/2017
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80A - JOINT - JOSEPH HOUSE AMEND
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Last modified
11/2/2017 6:33:54 PM
Creation date
11/2/2017 6:32:54 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
80A
Date
11/7/2017
Destruction Year
2022
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minimum wage, but below the Housing Wage of $27.62 may experience increased <br />economic insecurity, as a larger proportion of their earnings must go towards housing. <br />High rent burden can also lead to overcrowding and homelessness. <br />$28/HOUR NEEDED TO AFFORD A ONE -BEDROOM MINIMUM WAGE INCREASES INSUFFICIENT IN THE <br />IN ORANGE COUNTY FACE OF ORANGE COUNTY'S HEFTY RENT BURDEN <br />Reglonal Comparison pf the Houdy Wage Needed to Afield Rental Market Af(ardabNty in Orange County. ]016 and 2017 <br />a One -Bedroom Unit. 2017 <br />f <br />I <br />k 8 Zi s _ a <br />`______ <br />U <br />- <br />2016 <br />.017 <br />MEDIAN MARKET RENT (MONTHLY) <br />$1,324 <br />$1,436 <br />jONEBEDROOM <br />TWO BEDROOM <br />$ 1.672 <br />$ 1,613 <br />THREE BEDROOM <br />$2.322 <br />S2.531 <br />AMOUNT A HOUSEHOLD WITH ONE 5 520 S 546 <br />MINIMUM WAGE EARNER CAN AFFORD <br />TO PAY IN RENT (MONTHLY) <br />NUMBER OF HOURS PER WEEK A <br />MINIMUM WAGE EARNER MUST <br />WORK TO AFFORD A ONE -BEDROOM <br />APARTMENT <br />102 IDS <br />SanctiC.." avrice:h.s Rtgu!enat—at Fair 1111Anu rbua hdn nc� <br />Sou eei Conunw!Y/^dke[o-f hoo,temyvz a/FNr KVFe(Rmt tla[e/ Me US OeN `u of Hw,yYp am'r n Melyvnent (wwivlu,W!nmp)uf4g <br />us papartmenl I Heusv mM.Oew'be—l(mvwhadus o.a the tM metlroauYx]ya/Me Nafiwlfan lntm�e Nauhg Ca+n:vn (.n.wM+evpk <br />melhaddu]yot[l,e NeevultnNlncame lbuv,g CwGrm (nm>•MiM1Gwyl GlAanle Emp(tymml Cewlpv,anlCms'Nsn((x'x�veddNpav) <br />In Orange County, median hourly wages for carpenters, machinists and administrative <br />assistants are too low to afford median rent for a one -bedroom unit. Wages for personal <br />care aides and retail salespersons are lower still, less than half the amount needed to <br />afford a one -bedroom unit. For these lower-income workers, a substantial proportion of <br />their personal income must go toward housing, leaving less for other basic needs and <br />unexpected expenses. High rent burden can also lead to overcrowding, when families <br />double- or triple -up in a house to save money on rent, or homelessness if a family or <br />individual gets behind on rent or cannot afford the upfront costs of renting. <br />RENT BURDEN IS HIGH FOR MANY LOWER -WAGE WORKERS <br />Hourly Wage Needed to Afford a Median One -Bedroom Unit in Omoge County (20U) Compared to Medan Local Wages in Selected Occupations (3rd Quarter 2016) <br />Software D2VBIRRer <br />Biomedical Engineer <br />Registered Nurse <br />Computer Programmer <br />Carpenter <br />Setreter,%dministralaw Assistant <br />Machinist <br />Retail Salesperson <br />Personal Care Aide <br />Soun-er Ca,rmurr:rylMieafors Report e,ralysis aIFALMariet Rent cars from the US Oepartnxnf olHausn9 a,M lNhen OevNpmrars uam9 tMn:ethaadroay atthe Ne'Avl <br />Low1.Houmrg Oaastion GV17M,u Wa9U U8(arvaF.NPyment Oerplmmenf CeOv:ment Occuverm ml Fmpbyrnml3N(ena (3AQUNer20i6) <br />Page 8 of 13 <br />
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