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Low income housing is a great need in Ketchikan
By Shannon Nelson

 

March 28, 2011
Monday


Housing is defined as a combination of: Mortage or rent, insurance, gas, electricity, maintenance and phone. Housing should not exceed 30% to 36% or 1/3 of your monthly income. Rent should not be more than 25%. Transportation 18%, Food 14% household 7%, Savings 10%, Debt 10% and everything else 11%.

Calculating at 25% for rent at the low end of $900 a month (not including tax) the rent that is expected to be paid for decent housing in Ketchikan, a person's monthly income would need to exceed $3600. That is just for rent; food, household, transportation and the not mentioned above, Daycare would need to be included in those figures.

Low income housing is a great need in Ketchikan, housing that would include women and children who are left behind by tough times.

Facts from WikiAnswers and CNN.com

Shannon Nelson
Ketchikan, AK

 

Received March 24, 2011 - Published March 28, 2011

 

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