JACKSONVILLE, Fla. – One million people in Florida spend more than 50% of their income on housing. That’s according to the Florida Policy Project, which calls housing affordability in the state a “crisis.”
In St. Johns County, the problem is especially prevalent. Homes are selling at a median price of $499,990 and only 3% of available rental units are priced between $1,000-1,500. The average St. Johns County teacher would need to earn more than three times their current wage to afford a home at the current median sales price.
Recommended Videos
Finding affordable housing is not a new problem for Florida residents. In many cases, young adults find that they cannot afford to live in the same communities they grew up in because of the sharp increase in the cost of living.
So, what’s being done to address the affordability crisis? What solutions are working? How long will it take to bridge the gap between the supply of affordable housing and the demand?
While we’re working on getting experts to answer those questions for you, we’d love to hear from you about your personal struggles to find affordable housing. Are you currently dedicating more than 50% of your salary to the roof over your head? Are you trying to buy a home and can’t afford it? Please give us as many details as you’re comfortable with by filling out the form below.
If you’re up for it, we might contact you to see if you’d be willing to speak with Tiffany Salameh and be a part of our Solutionaries reporting.