Current:Home > NewsEarn less than $100,000 in San Francisco? Then you are considered low income. -GoldenEdge Insights
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-16 06:31:40
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! (75)
Related
- Average rate on 30
- Daniel Day-Lewis Looks Unrecognizable in First Public Sighting in 4 Years
- Paris Hilton Mourns Death of “Little Angel” Dog Harajuku Bitch
- Ireland is paying up to $92,000 to people who buy homes on remote islands. Here's how it works.
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- There's a second outbreak of Marburg virus in Africa. Climate change could be a factor
- Collapsed section of Interstate 95 to reopen in 2 weeks, Gov. Josh Shapiro says
- 80-hour weeks and roaches near your cot? More medical residents unionize
- What do we know about the mysterious drones reported flying over New Jersey?
- Padma Lakshmi Claps Back to Hater Saying She Has “Fat Arms”
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Clean Energy Manufacturers Spared from Rising Petro-Dollar Job Losses
- Dog stabbed in Central Park had to be euthanized, police say
- An Arctic Offshore Drilling Plan Advances, but Impact Statement Cites Concerns
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Pope Francis will be discharged from the hospital on Saturday
- James Ray III, lawyer convicted of murdering girlfriend, dies while awaiting sentencing
- 6 teenagers injured in Milwaukee shooting following Juneteenth festivities
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Where gender-affirming care for youth is banned, intersex surgery may be allowed
Grief and tangled politics were at the heart of Kentucky's fight over new trans law
This Week in Clean Economy: ARPA-E’s Clean Energy Bets a Hard Sell with Congress, Investors
Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
Court Lets Exxon Off Hook for Pipeline Spill in Arkansas Neighborhood
Strep is bad right now — and an antibiotic shortage is making it worse
Climate Crisis Town Hall Tested Candidates’ Boldness and Credibility