09 Dec Living Wage Memo
From: Leroy Shomin, Tribal Council Treasurer
Date: 12-08-2021
Re: Living Wage for January 1, 2022
Per Tribal Resolution #102619-05 Promotion of a Living Wage, the calculations for the Living Wage are as follows:
According to Rentdata.org for 2021, Fair Market Rent for a two–bedroom
apartment in Emmet County is $876 per month and a three–bedroom apartment is
$1,165, creating an average rent of $1,020.50.
Whereas based on the formula from the USDA and NAHASDA, monthly rate of
$1,020.50 for the average 2 to 3–bedroom rental housing, multiplied by twelve
(12) months in a year, divided by thirty (30) percent, divided by standard hours of
2,080 per year ($1,020.50x12/.30/2080), sets the Living Wage for Emmet County
at $19.63 beginning January 1, 2022.
This memo shall be posted per Tribal Resolution #102619–05 Promotion of a
Living Wage.