Report: Florida’s minimum wage increase expected to reduce number of rent-burden households in Tampa Bay, across Florida

Florida’s increased minimum wage is expected to reduce the number of rent-burdened households and severely rent-burdened households in Tampa Bay. A recent report from Zillow looked at 45 large metro areas where minimum wage was increasing to see how it would impact rent-burdened households, those spending 30 percent of their income on rent, and severely rent-burdened households, those spending 50 percent of their income on rent, in each metro. In Tampa Bay, the minimum wage increase is expected…Original Article