But English is one of the worldâs most widespread languages: mother-tongue speakers are recorded in 101 different countries and territories worldwide, 94 of which class it as an official language.
US Median Annual Rent as a Fraction of Median Household Income. US renters paid 20.89% of median household income towards the median monthly gross rent in 2014. This is the highest fraction of median household income going to rent since the series originated in 2005.
Rent to Income. Landlords typically require that your annual income is at least 40 times the monthly rent. For example, if you and your roommate are looking at a $3,000 per month apartment, the landlord would require a combined income of $3,000 Ã 40, which equals $120,000. To determine how much rent you (and your potential roommates) can afford, simply divide your combined annual incomes by 40.