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Indiana Rent Crisis Hits Wages | Indianapolis News
Description
Indiana’s housing crisis is hitting hard: renters need to earn $24.13 an hour to afford a two-bedroom, but the average wage is just $19.29 — leaving most workers struggling to cover rent even with full-time jobs. Minimum wage earners would need to work over 100 hours a week to afford a one-bedroom. With a shortage of 137,000 housing units and wage growth lagging behind inflation, families are under immense pressure. While new laws aim to speed up housing construction, experts warn it won’t help low-income renters soon — and without wage increases, more homes won’t solve the problem.
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