Table on income need

Percentage of Income Needed for Housing In the Twin Cities Metropolitan Area
	Median Yearly Salary For Full-Time Worker(1)	Median Amount Can Afford for Housing (2)	Percentage of Income Required to Rent 2-Bedroom Apartment(3)	Percentage of Income Required to Own 3-Bedroom House(4)
Administrative Assistant	$27,643	$691	40%	55%
Assembly Worker	$27,830	$696	39%	54%
Cashier	$17,118	$428	64%	88%
Child Care Worker	$18,179	$454	60%	83%
Counter & Rental Clerk	$16,910	$423	65%	89%
Dry Cleaner	$21,445	$536	51%	71%
File Clerk	$21,590	$540	51%	70%
Home Health Aide	$21,486	$537	51%	70%
Host/Hostess	$17,347	$434	63%	87%
Janitor, Cleaner	$20,613	$515	53%	73%
Maid, Housekeeping Cleaner	$19,323	$483	57%	78%
Medical Records Technician	$24,128	$603	46%	63%
Messenger/Courier	$22,298	$557	49%	68%
Nursing Aide, Orderly, Attendant	$25,522	$638	43%	59%
Receptionist	$23,837	$596	46%	63%
Restaurant Cook	$21,112	$528	52%	72%
Salesperson, Retail	$18,242	$456	60%	83%
School Bus Driver	$27,560	$689	40%	55%
Taxi Driver	$19,635	$491	56%	77%
Teacher Assistant	$24,938	$623	44%	61%
Teller	$21,653	$541	51%	70%

1	Source: Minnesota Department of Economic Security, Occupational Employment Statistics with 1st Quarter 2002 wage estimates.
2	Based on 30% of income.
3	Based on 1st Quarter 2002 GVA Marquette Advisors average rent of $916 for a two-bedroom apartment in the Twin Cities metropolitan area.
4	Based on Regional Multiple Listing Service average cost of $148,000 ($1,260 per month) for a three-bedroom, 1,000-1,500 square foot single-family home sold in the Twin Cities metropolitan area in 2001.

The above information is used with permission from:

Family Housing Fund
801 Nicollet Mall Suite 1840
Minneapolis, MN 55402
(612) 375-9648