Wage earners in King County and what they can afford (or not afford)
Workers in King County: 2010 What they earn and what they can afford. Includes Two Charts. Chart A includes current Housing and Urban Development (HUD) designated income and rent guidelines and Chart B includes a total of all King County workers, broken down by occupation and what they earn. This data was the basis for Coalition Charts highlighting the fact that most workers in the County cannot afford rental housing set aside at prices affordable to those with incomes at 80 percent of median or above (using HUD rental and housing guidelines). Using list below (Chart B), you can see that most wage earners in King County earn less than $43,663 annually. Assuming a household should pay no more than 30 percent of their income on rent, then a household at this income should pay no more than $1092 a month. (1092 x 12) x 30 percent = $43,663
Chart A: County HUD Income and Rent Guidelines King County Area 2010
2010 Income and Rents (as published by HUD) | ||||||
Income Limits | ||||||
Percent of Median Income | ||||||
Family Size | 30% | 50% | 60% | 65% | HUD 80% | |
1 Person | $ 18,000 | $ 30,000 | $ 36,000 | $ 38,950 | $ 45,100 | |
2 Persons | $ 20,600 | $ 34,250 | $ 41,100 | $ 44,500 | $ 51,550 | |
3 Persons | $ 23,150 | $ 38,550 | $ 46,260 | $ 50,100 | $ 58,000 | |
4 Persons | $ 25,700 | $ 42,800 | $ 51,360 | $ 55,650 | $ 64,400 | |
5 Persons | $ 27,800 | $ 46,250 | $ 55,500 | $ 60,100 | $ 69,600 | |
6 Persons | $ 29,850 | $ 49,650 | $ 59,580 | $ 64,550 | $ 74,750 | |
7 Persons | $ 31,900 | $ 53,100 | $ 63,720 | $ 69,000 | $ 79,900 | |
8 Persons | $ 33,950 | $ 56,500 | $ 67,800 | $ 73,450 | $ 85,050 | |
Affordable Rents Including Utilities | ||||||
at 30% of household income | ||||||
Percent of Median Income | ||||||
Unit Size | 30% | 50% | 60% | 65% | HUD 80% | |
0 Bedrooms | $ 450 | $ 750 | $ 770 | $ 974 | $ 1,128 | |
1 Bedroom | $ 483 | $ 803 | $ 878 | $ 1,044 | $ 1,209 | |
2 Bedrooms | $ 579 | $ 963 | $ 1,056 | $ 1,253 | $ 1,450 | |
3 Bedrooms | $ 669 | $ 1,113 | $ 1,414 | $ 1,448 | $ 1,675 | |
4 Bedrooms | $ 746 | $ 1,241 | $ 1,558 | $ 1,614 | $ 1,869 | |
5 Bedrooms | $ 824 | $ 1,370 | $ 1,700 | $ 1,781 | $ 2,063 | |
Affordable Rents Including Utilities | ||||||
at 35% of household income | ||||||
Percent of Median Income | ||||||
Unit Size | 30% | 50% | 60% | HUD 80% | 90% | |
0 Bedrooms | $ 525 | $ 875 | $ 1,049 | $ 1,315 | 1540.9279 | |
1 Bedroom | $ 563 | $ 938 | $ 1,124 | $ 1,410 | 1651.6722 | |
2 Bedrooms | $ 675 | $ 1,124 | $ 1,348 | $ 1,692 | 1982.3231 | |
3 Bedrooms | $ 780 | $ 1,299 | $ 1,558 | $ 1,954 | 2290.8251 | |
4 Bedrooms | $ 871 | $ 1,448 | $ 1,738 | $ 2,180 | 2553.4473 | |
5 Bedrooms | $ 961 | $ 1,598 | $ 1,918 | $ 2,406 | 2817.6516 | |
14.26% | ||||||
HOME Program Rents, Including Utilities | ||||||
2010 |
Low HOME Rent |
High HOME Rent |
||||
Unit Size | ||||||
0 Bedrooms | $ 750 | |||||
1 Bedroom | $ 803 | |||||
2 Bedrooms | $ 963 | |||||
3 Bedrooms | $ 1,113 | |||||
4 Bedrooms | $ 1,241 | |||||
5 Bedrooms | $ 1,370 |
Chart B. 2010 County-Wide Employment (Source - Washington Employment Securities): Number of wage earners in each job category. Mean wage is equal to the average hourly wage for those in that job category projected to a yearly salary assuming everyone in that job category works full time for a year (40 hours a week times 52 weeks).