3 ms·
FMR is a close to median value. From the linked definition: "The FMR is the 40th percentile of gross rents for typical, non-substandard rental units occupied b
by throwaway98434 7y ago
FMR is a close to median value. From the linked definition:
"The FMR is the 40th percentile of gross rents for typical, non-substandard rental units occupied by recent movers in a local housing market"
Minimum wage is not a 40th percentile income.