Submitted by buried_lede t3_106z704 in newhaven
Crafty-Cauliflower-6 t1_j3m7u5j wrote
Reply to comment by buried_lede in ConnCAT Dixwell apartments by buried_lede
After tax rent is what percent of the average salary?
buried_lede OP t1_j3mtepi wrote
After tax? Maybe say what you are thinking about. New haven is expensive and income is low comparatively, so, it’s a really tough situation. Plus it became expensive really quickly, which makes for sticker shock for residents. The vast majority of new haven residents are renters
buried_lede OP t1_j3mtt4f wrote
I mean, after tax is an even higher percentage, obviously. It’s unsustainable. I posted the median income for New Haven- you can do the math. It’s dire. When a 1 br is almost 100- percent of gross median income, lol
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