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). 

return to workforce affordability charts here