Asklemmy

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What percentage of your income goes towards your rent? / Do you own your home? (midwest.social)

submitted 3 years ago* (last edited 3 years ago) by [email protected] to c/[email protected]

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Just wondering how we stack up compared to other forums

As of jan 1, 2022, the answers here are:

13 ppl pay =< 33% of monthly income on rent / property tax

6 ppl pay > 33% of monthly income on rent / property tax

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[–] [email protected] 3 points 3 years ago (1 children)

Nitpicking, but this is not obvious across all industries. In many fields, people's wages barely go up with time.

[–] [email protected] 2 points 3 years ago (2 children)

If a job's income does not go up over 20 years, that is hardly very sustainable...

[–] [email protected] 2 points 3 years ago (1 children)

It usually goes up, though not necessarily faster than inflation. Outside of IT and public service, many older people are still paid minimum wage. (i don't have stats on that sorry)