In Houston, it takes 3 minimum wage workers to afford a one-bedroom rental, report finds

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In Houston, it takes 3 minimum wage workers to afford a one-bedroom rental, report finds
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A recent analysis by economists at Zillow found that for minimum wage workers in Houston,...

Zillow’s economists analyzed the 50 largest cities in the U.S., comparing the local minimum wage to rent increases.A recent report from Zillow found it would take three full-time minimum wage workers together to afford a standard one-bedroom rental in Houston, underscoring how renters are still getting squeezed despite aZillow’s economists analyzed the 50 largest cities in the U.S., comparing the local minimum wage to rent increases.

“It’s been a struggle and a challenge for a minimum wage workers in Houston for some time, but we can definitely see that as rents have gone up so much over the pandemic, that it’s definitely getting more challenging over the course of time,” Nicole Bachaud, senior economist at Zillow, said in an interview.Zillow found that workers in markets with a $7.

“That was the surprising finding," she said."It was like ‘Oh wow, those actual higher wages, even in super expensive areas, those make a pretty big impact on like the lowest paid workers.’ ”But Houstonians still were better off than renters in many other markets, including the Texas capital.

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