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Title: Starting Salaries for Teachers Don't Pay the Rent

Citation Type: Miscellaneous

Publication Year: 2019

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Abstract: It's back to school time, and for many teachers that means a return to their regular jobs from the ones they work in the summers to supplement their incomes and help them — literally — pay the rent. Rent is particularly burdensome for teachers early in their careers: At the national level, the median market-rate rent takes a staggering 46.8% of a starting teacher's salary. That improves to 35.6% for mid-career teachers and to 26.6% for the highest paid teachers — the last group finally falling below the 30% generally accepted threshold that deems housing costs to be affordable.

Url: https://finance.yahoo.com/news/starting-salaries-teachers-dont-pay-100144650.html

User Submitted?: No

Authors: Speakman, Matt

Publisher: Zillow

Data Collections: IPUMS USA

Topics: Housing and Segregation

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