Current:Home > MarketsEarn less than $100,000 in San Francisco? Then you are considered low income. -StockSource
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-19 06:50:32
Single people in San Francisco who earn less than $104,400 are considered low income, according to new government guidelines that determine who qualifies for some housing aid.
That means that some people in California who are earning above six figures — a level that's viewed as high income by many Americans — may in fact struggle to afford the basics in those regions. Other California counties where a salary of about $100,000 for a single person qualifies as low income include Marin and San Mateo counties, with the latter home to Silicon Valley.
Single workers in Los Angeles County, meanwhile, are considered low income if they earn less than $70,000, according to the new guidelines issued earlier this month by the California Department of Housing and Community Development.
The income guidelines are used to determine whether people may qualify for housing programs, including Section 8 vouchers that provide rent assistance to low-income families. It may be shocking that a six-figure earner in San Francisco could qualify for housing assistance, but the median home sale price in the city was $1.4 million in May 2023, according to Zillow.
Meanwhile, the official poverty line across the U.S. stands at $12,880 for a single person, which is a guideline used for other aid programs such as food stamps and the Low-Income Home Energy Assistance Program.
San Francisco is struggling with a host of issues, including businesses that are fleeing the city amid a rise in crime and homelessness, as well as an exodus of workers and residents as many tech companies switched to remote work during the pandemic. But despite those challenges, San Francisco remains home to many big businesses — and its real estate fetches a hefty price.
Since 2016, the threshold to be considered low income as a single worker has jumped by more than $35,000, according to the San Francisco Examiner.
- In:
- Los Angeles
- Real Estate
- California
- San Francisco
veryGood! (3)
Related
- A South Texas lawmaker’s 15
- Justice Dept to appeal length of prison sentences for Stewart Rhodes, Oath Keepers for Jan. 6 attack
- Warming Trends: Shakespeare, Dogs and Climate Change on British TV; Less Crowded Hiking Trails; and Toilet Paper Flunks Out
- 3 fairly mummified bodies found at remote Rocky Mountains campsite in Colorado, authorities say
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- A Plunge in Mass Transit Ridership Deals a Huge Blow to Climate Change Mitigation
- Amazon Shoppers Say These Gorgeous Gold Earrings Don't Tarnish— Get the Set on Sale Ahead of Prime Day
- Increased Flooding and Droughts Linked to Climate Change Have Sent Crop Insurance Payouts Skyrocketing
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Shoppers Are Ditching Foundation for a Tarte BB Cream: Don’t Miss This 55% Off Deal
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Blackjewel’s Bankruptcy Filing Is a Harbinger of Trouble Ahead for the Plummeting Coal Industry
- This Jennifer Aniston Editing Error From a 2003 Friends Episode Will Have You Doing a Double Take
- The Senate’s New Point Man on Climate Has Been the Democrats’ Most Fossil Fuel-Friendly Senator
- Bodycam footage shows high
- Groundhog Day 2023
- China Moves to Freeze Production of Climate Super-Pollutants But Lacks a System to Monitor Emissions
- Manufacturer recalls eyedrops after possible link to bacterial infections
Recommendation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Firefighter sets record for longest and fastest run while set on fire
What’s On Interior’s To-Do List? A Full Plate of Public Lands Issues—and Trump Rollbacks—for Deb Haaland
Nearly 1 in 10 U.S. children have been diagnosed with a developmental disability, CDC reports
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Even after you think you bought a car, dealerships can 'yo-yo' you and take it back
Kate Spade 24-Hour Flash Deal: Save 68% On This Overnight Bag That’s Perfect for Summer Travel
Alabama Public Service Commission Upholds and Increases ‘Sun Tax’ on Solar Power Users