Out of Reach 2012 - National Low Income Housing Coalition

Iowa
FY12 HOUSING WAGE
HOUSING COSTS
AREA MEDIAN INCOME (AMI)
RENTER HOUSEHOLDS
Hourly wage
necessary to
afford 2 BR
FMR
Twobedroom
1
FMR
Income needed
to afford
2 BR FMR
Full-time jobs
at minimum
wage needed to
afford 2 BR FMR
Annual
AMI
Rent
affordable
at AMI
30%
of AMI
2 3 4
Rent
affordable
at 30%
of AMI
Number
(2006-2010)
% of total
households
(2006-2010)
Estimated
mean renter
hourly wage
(2012)
Rent
affordable
at mean
wage
Full-time jobs
at mean renter
wage needed to
afford 2 BR FMR
Calhoun County $10.27 $534 $21,360 1.4 $53,400 $1,335 $16,020 $401
877 20% $9.74 $507 1.1
Carroll County $10.27 $534 $21,360 1.4 $66,100 $1,653 $19,830 $496
2,165 25% $7.75 $403 1.3
Cass County $10.27 $534 $21,360 1.4 $50,700 $1,268 $15,210 $380
1,737 29% $9.75 $507 1.1
Cedar County $11.37 $591 $23,640 1.6 $65,800 $1,645 $19,740 $494
1,547 20% $9.99 $519 1.1
Cerro Gordo County $11.85 $616 $24,640 1.6 $63,400 $1,585 $19,020 $476
5,642 28% $9.76 $508 1.2
Cherokee County $10.27 $534 $21,360 1.4 $59,700 $1,493 $17,910 $448
1,309 24% $9.92 $516 1.0
Chickasaw County $10.27 $534 $21,360 1.4 $54,100 $1,353 $16,230 $406
824 15% $8.99 $468 1.1
Clarke County $10.27 $534 $21,360 1.4 $56,800 $1,420 $17,040 $426
772 22% $7.85 $408 1.3
Clay County $10.27 $534 $21,360 1.4 $55,700 $1,393 $16,710 $418
2,191 29% $8.77 $456 1.2
Clayton County $10.27 $534 $21,360 1.4 $58,900 $1,473 $17,670 $442
1,742 23% $8.48 $441 1.2
Clinton County $10.69 $556 $22,240 1.5 $59,700 $1,493 $17,910 $448
4,970 25% $9.33 $485 1.1
Crawford County $10.27 $534 $21,360 1.4 $55,100 $1,378 $16,530 $413
1,328 21% $8.62 $448 1.2
Dallas County $14.06 $731 $29,240 1.9 $75,500 $1,888 $22,650 $566
5,369 22% $11.65 $606 1.2
Davis County $10.27 $534 $21,360 1.4 $55,200 $1,380 $16,560 $414
540 17% $8.39 $436 1.2
Decatur County $10.27 $534 $21,360 1.4 $45,800 $1,145 $13,740 $344
1,030 32% $5.74 $298 1.8
Delaware County $10.27 $534 $21,360 1.4 $63,000 $1,575 $18,900 $473
1,415 19% $8.67 $451 1.2
Des Moines County $11.77 $612 $24,480 1.6 $57,000 $1,425 $17,100 $428
4,460 26% $9.66 $503 1.2
Dickinson County $10.27 $534 $21,360 1.4 $63,100 $1,578 $18,930 $473
1,755 22% $7.31 $380 1.4
Dubuque County $11.35 $590 $23,600 1.6 $64,600 $1,615 $19,380 $485
9,294 25% $9.77 $508 1.2
Emmet County $10.44 $543 $21,720 1.4 $58,800 $1,470 $17,640 $441
1,002 23% $7.73 $402 1.4
Fayette County $10.27 $534 $21,360 1.4 $53,900 $1,348 $16,170 $404
1,826 22% $8.91 $463 1.2
Floyd County $10.27 $534 $21,360 1.4 $56,200 $1,405 $16,860 $422
1,731 26% $6.88 $358 1.5
Franklin County $10.27 $534 $21,360 1.4 $57,700 $1,443 $17,310 $433
1,084 26% $13.38 $696 0.8
Fremont County $10.27 $534 $21,360 1.4 $61,600 $1,540 $18,480 $462
688 22% $9.36 $487 1.1
Greene County $10.27 $534 $21,360 1.4 $62,200 $1,555 $18,660 $467
990 24% $9.99 $520 1.0
Grundy County $12.00 $624 $24,960 1.7 $62,900 $1,573 $18,870 $472
972 19% $10.40 $541 1.2
Guthrie County $14.06 $731 $29,240 1.9 $75,500 $1,888 $22,650 $566
976 21% $9.31 $484 1.5
Hamilton County $11.75 $611 $24,440 1.6 $63,400 $1,585 $19,020 $476
1,538 23% $8.24 $429 1.4
Hancock County $10.44 $543 $21,720 1.4 $60,400 $1,510 $18,120 $453
833 17% $9.95 $517 1.0
Hardin County $10.42 $542 $21,680 1.4 $57,300 $1,433 $17,190 $430
1,927 26% $10.78 $561 1.0
Harrison County $14.44 $751 $30,040 2.0 $71,500 $1,788 $21,450 $536
1,253 21% $6.40 $333 2.3
1: FMR = Fiscal Year 2012 Fair Market Rent (HUD, 2011). 2: AMI = Fiscal Year 2012 Area Median Income (HUD, 2011).
3: "Affordable" rents represent the generally accepted standard of spending not more than 30% of gross income on gross housing costs
4: The federal standard for extremely low income households. Does not include HUD-specific adjustments.
National Low Income Housing Coalition | Out of Reach 2012 74 74