Report: Renters left out in cold
Thursday, December 28th, 2006
By Chris Fitzsimon
By Amanda Karr
The Daily Reflector
More than half the renters in Pitt County cannot afford to rent a modest, two-bedroom apartment, according to a report by a housing advocacy group.
Pitt County renters earn a median yearly income of $22,327, according to the National Low Income Housing Coalition’s annual Out of Reach report. At that wage — assuming they spend an average of 30 percent of their income on rent — typical tenants could afford to pay $558 per month in rent. But a two-bedroom apartment plus utilities costs $579, the report indicated. (more…)
Last 5 posts in Daily News
- Easley: State might need 3 percent budget cut - October 7th, 2008
- Mileage tax gets a Triangle test drive - October 7th, 2008
- Religious leaders back NC immigration reform group - October 7th, 2008
- Elon Poll finds mixed views on school vouchers - October 7th, 2008
- NAACP seeks reparations for 1898 NC riot deaths - October 7th, 2008
Email This Post
Print This Post
