Virginia’s high cost of rental housing

According to a report released by the National Low Income Housing Coalition, the Housing Wage for Virginia is $19.65 per hour.

The Housing Wage is the hourly wage a family must earn – working 40 hours a week, 52 weeks a year, to be able to afford rent and utilities on a modest two-bedroom unit in the private housing market.

The Housing Wage for Virginia is 7% higher than the national Housing Wage of $18.46.

The 2011 Housing Wage for Virginia represents an increase of 55% since 2000.

Virginia’s housing wage of $19.65 translates into $40,876 annually.

The report, Out of Reach 2011, was released by the National Low Income Housing Coalition (NLIHC), a Washington, DC-based housing advocacy group. The report provides the Housing Wage and related data for every state, metropolitan area and county in the country.

Virginia is the 11th most expensive state in the nation in terms of rental housing cost.

In Virginia, an average wage for a renter is $14.90 an hour. In order to afford the FMR for a two-bedroom apartment at this wage, a renter must work 53 hours per week, 52 weeks per year. Or, working 40 hours per week year-round, a household must include 1.3 worker(s) earning the mean renter wage in order to make the two-bedroom FMR affordable.

A minimum wage worker earns an hourly wage of $7.25. In order to afford the FMR for a two-bedroom apartment, a minimum wage earner in Virginia must work 108 hours per week, 52 weeks per year. Or, a household must include 2.7 minimum wage earner(s) working 40 hours per week year-round in order to afford the two bedroom FMR.

Virginia ranks 39th highest of the 50 states in order of rental housing cost.

Housing Wages by County and City

The 2 bedroom housing wage by jurisdiction for Virginia is:

Accomack County $11.90
Albemarle County $17.90
Alexandria City $28.10
Alleghany County $11.31
Amelia County $18.42
Amherst County $12.56
Appomattox County $12.56
Arlington County $28.10
Augusta County $13.25
Bath County $12.52
Bedford City $12.56
Bedford County $12.56
Bland County $11.31
Botetourt County $13.87
Bristol City $11.31
Brunswick County $11.71
Buchanan County $11.31
Buckingham County $11.31
Buena Vista City $11.31
Campbell County $12.56
Caroline County $18.42
Carroll County $11.31
Charles City County $18.42
Charlotte County $11.31
Charlottesville City $17.90
Chesapeake City $18.56
Chesterfield County $18.42
Clarke County $28.10
Colonial Heights City $18.42
Covington City $11.31
Craig County $13.87
Culpeper County $15.27
Cumberland County $18.42
Danville City $11.87
Dickenson County $11.31
Dinwiddie County $18.42
Emporia City $11.73
Essex County $13.83
Fairfax City $28.10
Fairfax County $28.10
Falls Church City $28.10
Fauquier County $28.10
Floyd County $12.54
Fluvanna County $17.90
Franklin City $12.56
Franklin County $11.31
Frederick County $14.96
Fredericksburg City $28.10
Galax City $11.31
Giles County $11.31
Gloucester County $18.56
Goochland County $18.42
Grayson County $11.31
Greene County $17.90
Greensville County $11.73
Halifax County $11.31
Hampton City $18.56
Hanover County $18.42
Harrisonburg City $13.71
Henrico County $18.42
Henry County $11.31
Highland County $12.52
Hopewell City $18.42
Isle of Wight County $18.56
James City County $18.56
King and Queen County $18.42
King George County $15.42
King William County $18.42
Lancaster County $13.62
Lee County $11.31
Lexington County $11.31
Loudoun County $28.10
Louisa County $15.88
Lunenburg County $11.71
Lynchburg City $12.56
Madison County $13.46
Manassas City $28.10
Manassas Park City $28.10
Martinsville City $11.31
Mathews County $18.56
Mecklenburg County $11.40
Middlesex County $13.62
Montgomery County $13.50
Nelson County $17.90
New Kent County $18.42
Newport News City $18.56
Norfolk City $18.56
Northampton County $13.62
Northumberland County $13.62
Norton City $11.31
Nottoway County $11.31
Orange County $13.87
Page County $11.79
Patrick County $11.31
Petersburg City $18.42
Pittsylvania County $11.87
Poquoson City $18.56
Portsmouth City $18.56
Powhatan County $18.42
Prince Edward County $13.23
Prince George County $18.42
Prince William County $28.10
Pulaski County $11.31
Radford City $13.50
Rappahannock County $13.46
Richmond City $18.42
Richmond County $13.62
Roanoke City $13.87
Roanoke County $13.87
Rockbridge County $11.31
Rockingham County $13.71
Russell County $11.31
Salem City $13.87
Scott County $11.31
Shenandoah County $12.19
Smyth County $11.31
Southampton County $12.56
Spotsylvania County $28.10
Stafford County $28.10
Staunton City $13.25
Suffolk City $18.56
Surry County $18.56
Sussex County $18.42
Tazewell County $11.31
Virginia Beach City $18.56
Warren County $16.35
Washington County $11.31
Waynesboro City $13.25
Westmoreland County $14.15
Williamsburg City $18.56
Winchester City $14.96
Wise County $11.31
Wythe County $11.31
York County $18.56

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