In Alexandria, Va, the median income for a family of four is $107,000. Federal guidelines determine affordable housing rates based on 1/3 of that median income. Working a minimum wage job at $7.25 per hour/40 hours per week, a worker brings home just under $14k per year. That means he or she can afford a rent of $382 per month based on federal guidelines. The average rent in Alexandria, Va is $1,850 for a two bedroom apartment. Combine Mike, Caressa and Nisa’s incomes and together they can’t even afford the affordable.
affordable housing, alexandria, virginia