In both Dallas and Fort Worth, Texas, it takes more than three full-time minimum-wage incomes for a person to comfortably afford the typical one-bedroom rental home, according to new research from Zillow Group.
Of the largest 50 cities in the U.S., Dallas is one of six where it takes at least four minimum-wage incomes to reasonably afford a two-bedroom rental, according to Zillow’s research.
Both Dallas and Fort Worth use the federal minimum wage of $7.25 an hour. Zillow defines “comfortably affording” a rental as spending no more 30% of income on rent.
