Current:Home > FinanceEarn less than $100,000 in San Francisco? Then you are considered low income. -SecureWealth Bridge
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-11 17:55:13
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! (5476)
Related
- Meta releases AI model to enhance Metaverse experience
- Watch this dramatic, high-stakes rescue of a humpback whale as it speeds through the ocean
- Video shows Texas US Rep. Ronny Jackson berating officers after being wrestled to ground at rodeo
- Toronto Maple Leafs Prospect Rodion Amirov Dead at 21 After Brain Tumor Diagnosis
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Running mate for Aaron Rodgers: Dalvin Cook agrees to deal with New York Jets
- Soldier accused of killing combat medic wife he reported missing in Alaska
- Trump indicted on 2020 election fraud charges in Georgia, Lahaina fire update: 5 Things podcast
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Michigan State University workers stumble across buried, 142-year-old campus observatory
Ranking
- Rylee Arnold Shares a Long
- Man charged in connection with several bombings in Bethlehem, Pennsylvania
- Spain scores late to edge Sweden 2-1 in World Cup semifinal
- Dry Springs in Central Texas Warn of Water Shortage Ahead
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Dry Springs in Central Texas Warn of Water Shortage Ahead
- Small Minnesota town will be without police after chief and officers resign, citing low pay
- Maui fires live updates: Officials to ID victims as residents warned not to return home
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Magoo, Timbaland's former musical partner, dies at 50
Kate Spade 24-Hour Flash Deal: Get This $240 Crossbody Bag for Just $72
Amid Maui wildfire ash, Lahaina's 150-year-old banyan tree offers hope as it remains standing
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Intersex surgery stole their joy. Now they're trying to get it back.
Peek inside this retired couple's semitrailer turned into a permanent home
Turn Your Office Into a Sanctuary With These Interior Design Tips From Whitney Port