The Price of Housing in Louisiana

Over a third of Louisiana households rent their residences, and the cost of keeping a roof over their heads contributes to the economic insecurity in the lives of many workers. The latest statistics compiled by the National Low Income Housing Coalition show that more than a quarter of renter households in the state are considered “extremely low income.” In order to afford a two-bedroom apartment, a worker’s family must earn $15.27 per hour — or more than twice the current minimum wage.

http://nlihc.org/sites/default/files/SHP-LA.pdf

Posted in Housing, Minimum Wage, News, Poverty, Uncategorized and tagged , , .