The Incompatibility of Hartford’s Median Income and Housing Costs

Nationwide, Connecticut ranks in the top 10 for most expensive housing costs. Based on fair market rent, to live in a modest 2-bedroom home in CT, a person needs to be making more than double CT’s minimum wage. To afford that home, it is necessary for a person to be making $24.90 hourly, or $51,792 annually. In 2016, the estimated median household income of Hartford, CT was a mere $36,637.

There is a significant gap between what people are making in Hartford, and what they need to be making to afford a home, stressing more than ever how vital the supportive housing services ImmaCare provides are for our community.

Sources: https://cnn.it/2Mryx81 & https://bit.ly/2HOdLfb