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Monday, May 18, 2015

Apartment Costs

 Source: NLIHC (National Low Income Housing Coalition)

How Much Do You Need to Earn to Afford a Modest Apartment in California?


May 18, 2015

Compare Jurisdictions

Number of HouseholdsCaliforniaBakersfield MSA
Total13,044,266270,282
Renter5,889,686112,728
Percent Renters45%42%
Housing WageCaliforniaBakersfield MSA
Zero-Bedroom$26.80$14.12
One-Bedroom$31.06$14.29
Two-Bedroom$39.03$18.65
Three-Bedroom$52.84$26.69
Four-Bedroom$60.68$32.29
Fair Market RentCaliforniaBakersfield MSA
Zero-Bedroom$1,394$734
One-Bedroom$1,615$743
Two-Bedroom$2,030$970
Three-Bedroom$2,747$1,388
Four-Bedroom$3,155$1,679
Annual Income Needed to AffordCaliforniaBakersfield MSA
Zero-Bedroom$55,751$29,360
One-Bedroom$64,615$29,720
Two-Bedroom$81,191$38,800
Three-Bedroom$109,899$55,520
Four-Bedroom$126,211$67,160
Minimum WageCaliforniaBakersfield MSA
Minimum Wage$14.00$14.00
Rent Affordable at Minimum Wage$728$728
Work Hours/Week at Minimum WageCaliforniaBakersfield MSA
Zero-Bedroom7740
One-Bedroom8941
Two-Bedroom11253
Three-Bedroom15176
Four-Bedroom17392
Renter WageCaliforniaBakersfield MSA
Estimated Mean Renter Wage$24.89$14.43
Rent Affordable at Mean Renter Wage$1,294$751
Work Hours/Week at Mean Renter WageCaliforniaBakersfield MSA
Zero-Bedroom4339
One-Bedroom5040
Two-Bedroom6352
Three-Bedroom8574
Four-Bedroom9889
Supplemental Security Income (SSI) PaymentCaliforniaBakersfield MSA
SSI Monthly Payment$955$955
Rent Affordable to SSI Recipient$286$286
Income LevelsCaliforniaBakersfield MSA
30% of Area Median Income (AMI)$28,249$17,910
Estimated Renter Median Household Income$56,378$35,691
Rent Affordable at Different Income LevelsCaliforniaBakersfield MSA
30% of Area Median Income (AMI)$706$448
Estimated Renter Median Household Income$1,409$892

Median Wages for Largest Occupations

 

OccupationTotal EmploymentMedian Hourly Wage
Cooks, Fast Food108,860$14.14
Farmworkers and Laborers, Crop, Nursery, and Greenhouse200,130$14.20
Fast Food and Counter Workers384,890$14.34
Home Health and Personal Care Aides597,500$14.41
Waiters and Waitresses211,700$14.56
Cashiers392,230$14.62
Retail Salespersons331,020$15.34
Stockers and Order Fillers266,620$15.51
Cooks, Restaurant137,160$15.78
Laborers and Freight, Stock, and Material Movers, Hand379,690$15.86
Security Guards158,150$16.01
Janitors and Cleaners, Except Maids and Housekeeping Cleaners217,770$16.68
Teaching Assistants, Except Postsecondary155,690$17.63
Office Clerks, General312,220$19.12
Customer Service Representatives200,920$19.53
Light Truck Drivers111,530$20.35
First-Line Supervisors of Retail Sales Workers105,060$21.17
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive201,780$22.06
Maintenance and Repair Workers, General131,010$22.62
All Occupations$23.32
Bookkeeping, Accounting, and Auditing Clerks168,720$24.12
Heavy and Tractor-Trailer Truck Drivers143,150$24.44
First-Line Supervisors of Office and Administrative Support Workers161,550$30.54
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel123,230$31.05
One-Bedroom Housing Wage$31.06
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products137,910$31.67
Accountants and Auditors150,050$38.96
Two-Bedroom Housing Wage$39.03
Project Management Specialists and Business Operations Specialists, All Other227,470$39.79
Elementary School Teachers, Except Special Education156,920$42.39
General and Operations Managers254,020$58.30
Registered Nurses307,060$58.39
Software Developers and Software Quality Assurance Analysts and Testers249,700$67.03


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