Current:Home > reviewsEarn less than $100,000 in San Francisco? Then you are considered low income. -MarketLink
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-13 01:26:34
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! (5)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Virginia man arrested after DNA links him to 2 women's cold case murders from 80s
- Ex-Northeastern track and field coach sentenced for scamming nude photos from 50 victims
- Minnesota Rep. Dean Phillips ends Democratic primary challenge and endorses President Joe Biden
- This was the average Social Security benefit in 2004, and here's what it is now
- 'Hotel California' trial abruptly ends after prosecutors drop case over handwritten Eagles lyrics
- Gal Gadot Gives Birth, Welcomes Baby No. 4 With Husband Jaron Varsano
- Kansas could soon make doctors ask patients why they want abortions and report the answers
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Top Virginia Senate negotiator vows to keep Alexandria arena out of the budget
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- TSA unveils passenger self-screening lanes at Vegas airport as ‘a step into the future’
- Save $130 on a Kitchenaid Stand Mixer and Elevate Your Cooking Game
- Polynesian women's basketball players take pride in sharing heritage while growing game
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Jury hears closing arguments in trial of armorer over fatal shooting by Alec Baldwin
- Colorado River States Have Two Different Plans for Managing Water. Here’s Why They Disagree
- Which streamer will target password sharing next? The former HBO Max looks ready to make its play
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Lance Bass on aging, fatherhood: 'I need to stop pretending I'm 21'
To revive stale US sales, candy companies pitch gum as a stress reliever and concentration aid
Hailee Steinfeld and Josh Allen Enjoy a Date Night in the City of Love During Paris Fashion Week
Intellectuals vs. The Internet
Oscar Mayer hot dogs, sausages are latest foods as plant-based meat alternatives
Iowa's Caitlin Clark becomes first female athlete to have exclusive deal with Panini
Teresa Giudice and Luis Ruelas' Marriage Is Under Fire in Explosive RHONJ Season 14 Trailer