Who can afford to live in Worcester? Can your tenants?

Great article in the T&G

Read the full article here

Some Highlights

• Fair market rent for a 2 BR in Worcester is $1491/month.

• To afford this rent while spending 30% of income, you need to earn $29/hour or $60k a year.

• 37% of people in Worcester rent.

• The median hourly wage for renters is $17.17/hr, allowing them to afford $893/month.

Original post