Current:Home > MyEarn less than $100,000 in San Francisco? Then you are considered low income. -Elevate Profit Vision
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-17 02:23:21
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! (3571)
Related
- Meet first time Grammy nominee Charley Crockett
- Ex-gang leader’s account of Tupac Shakur killing is fiction, defense lawyer in Vegas says
- Book excerpt: The Covenant of Water by Abraham Verghese
- Jason Kelce's Wife Kylie Kelce Is the True MVP for Getting Him This Retirement Gift
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Kelsea Ballerini sues former fan for allegedly leaking her music
- Lionel Messi, Inter Miami expected to draw record-setting crowd in New England on Saturday
- Jason Kelce's Wife Kylie Kelce Is the True MVP for Getting Him This Retirement Gift
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- George Santos ends comeback bid for Congress after raising no money
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- Emily Henry does it again. Romantic 'Funny Story' satisfies without tripping over tropes
- Israel lashes out as U.S. expected to cut aid to IDF battalion over alleged human rights violations
- New Jersey man charged with federal hate crime in Rutgers Islamic center vandalism
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Happy birthday, Prince Louis! Prince William, Princess Kate celebrate with adorable photo
- Lakers, 76ers believe NBA officiating left them in 0-2 holes. But that's not how it works
- Florida City man killed girlfriend, then drove to police station with her body, reports say
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Both bodies found five days after kayaks capsized going over a dangerous dam in Indianapolis
Alabama lawmakers advance expansion of ‘Don’t Say Gay’ and ban Pride flags at schools
Former cop accused of murder, abduction, found with self-inflicted gunshot wound after manhunt, officials say
A South Texas lawmaker’s 15
Cute Stackable Rings & Ring Sets You Need in Your Jewelry Collection ASAP
Rumer Willis Celebrates Her Mama Curves With New Message About Her Postpartum Body
UnitedHealth says wide swath of patient files may have been taken in Change cyberattack