close
    Please assist me in calculating the monthly rent payments for an individual who's annual income is $10,000.00!

    0  Views: 575 Answers: 1 Posted: 13 years ago

    1 Answer

    I do not understand you question, as asked.


    If you are asking what someone, with and income of $10,000 annually should pay in rent, the answer is ones housing should not exceed 1/4 of ones income, or around $200 a month


    If that person  is living in the US, there are housing assistance grants available from the Federal and State(s) governments.


    If it is a family, living below the poverty level for a family of four, that level is is nearly $25,000.


    Making them eligible for over $45,000 is federal and state aid of all types from rent to food to clothing and healthcare.


    Is it any wonder so many people, from all over the world, want to come to the good old USA?


     


     


     


     



    Related Questions In This Category
    Why North Oakville Home Prices Keep Rising
    Answers: 1 | Views: 52 | Rating: 0 | Posted: 4 days ago
    Last answer: 4 days ago
    What is AgentXpense and how does it help real estate professionals
    Answers: 1 | Views: 30 | Rating: 0 | Posted: 4 days ago
    Last answer: 4 days ago

    Top contributors in Renting & Real Estate category

     
    country bumpkin
    Answers: 49 / Questions: 0
    Karma: 3060
     
    ROMOS
    Answers: 54 / Questions: 0
    Karma: 2805
     
    Colleen
    Answers: 138 / Questions: 0
    Karma: 2565
     
    Ducky
    Answers: 33 / Questions: 0
    Karma: 2055
    > Top contributors chart

    Unanswered Questions

    ookkhelp
    Answers: 0 Views: 10 Rating: 0
    luck88usorg
    Answers: 0 Views: 11 Rating: 0
    fb88dinnet
    Answers: 0 Views: 10 Rating: 0
    MKBBB
    Answers: 0 Views: 8 Rating: 0
    123bbuscom
    Answers: 0 Views: 5 Rating: 0
    123bbuscom
    Answers: 0 Views: 6 Rating: 0
    p789pnet
    Answers: 0 Views: 9 Rating: 0
    picowin
    Answers: 0 Views: 9 Rating: 0
    > More questions...
    535910
    questions
    769762
    answers
    886525
    users