June 8, 2017

BURLINGTON, VT – In order to afford a modest, two-bedroom apartment at the Fair Market Rent in Vermont, renters need to earn$21.90 an hour, or $45,545 a year. This is Vermont’s  2017Housing Wage, revealed in the annual Out of Reach report released today by the National Low Income Housing Coalition, a Washington, DC-based research and advocacy organization, and the Vermont Affordable Housing Coalition. At Vermont’s current minimum wage, individuals would need to work 88 hours per week, or 2.2 full-time jobs, to afford a two-bedroom rental home.