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Average renter in 11 markets, including Miami, needs $100,000 salary, FAU study says

Por: WPTV Business June 06, 2023

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BOCA RATON, Fla. — The cost of housing isn't getting any cheaper in many parts of the country. The average renter in 11 U.S. markets must make a six-figure annual salary to avoid being classified as rent-burdened, according to a new report released Tuesday from researchers at Florida Atlantic University and two other schools.At the end of April, the study said the largest salary needed to dodge the rent-burdened label was $131,563 in San... + full article



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