“Houseless” in Redmond Presented by. Oregon Minimum Wage The current state minimum wage is $7.50 an hour. Full Time $300 week, $1300 month $15,600 a.

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Presentation transcript:

“Houseless” in Redmond Presented by

Oregon Minimum Wage The current state minimum wage is $7.50 an hour. Full Time $300 week, $1300 month $15,600 a year… Allowing no more than 30% of gross income for housing, this family should pay $390 a month.

Poverty Thresholds 2005 Family of Three is considered living in poverty is the family’s GROSS ANNUAL INCOME is equal to or under: $15, 735 a year or $1311 a month or $303 a week

Comparision-Family of 3 OREGON Min. Wage $15,600 Year US Poverty Threshold $ 15,735 Year

What about 2 wage earners at Min. Wage? Annual Gross Income=$31,200 Year Using the 30% formula this family can spend: $780 on housing ALL HOUSING COSTS

Current Free/Reduced Lunch Figures for Redmond 2J ELEMENTARY SCHOOLS 54.7% Evergreen 330 of 604 students 53.6% Vern Patrick 334 of % Lynch 305 of % John Tuck 179 of % Terrebonne 178 of % Tumalo 132 of Elementary school children live in Low- Income/Impoverished Homes

Home Costs in Redmond Average Cost of A Home (Residential Less Than an Acre) 2002 $147, $162, $182, $226,238

Average Monthly Rent- Redmond 3 Bedroom/2 Bath Home $846 a month