What Investors Need to Know About Workforce Housing

Traditionally, these classes of earners are teachers, firefighters, and hospital and governmental workers—people who make median incomes and want to live close to where they work.

Put another way, these are people who tend to make between approximately $35,000 and $75,000 per year. According to the CBRE report, they comprise roughly one-third of all U.S.-based renters, and have been seeing an increasingly higher percentage of their income go toward rent.