Current:Home > ContactEarn less than $100,000 in San Francisco? Then you are considered low income. -AssetTrainer
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-26 10:47:48
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! (986)
Related
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Virginia graduation shooting that killed teen, stepdad fueled by ongoing dispute, police say
- How Kate Middleton Honored Queen Elizabeth II and Princess Diana at Coronation
- Senate Finance chair raises prospect of subpoena for Harlan Crow over Clarence Thomas ties
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Why King Charles III Didn’t Sing British National Anthem During His Coronation
- Anti-abortion groups are getting more calls for help with unplanned pregnancies
- Telemedicine abortions just got more complicated for health providers
- Grammy nominee Teddy Swims on love, growth and embracing change
- What happened on D-Day? A timeline of June 6, 1944
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Starbucks is rolling out its olive oil drink in more major cities
- A judge temporarily blocks an Ohio law banning most abortions
- Chris Christie announces 2024 presidential campaign by going after Trump
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Apple unveils new iOS 17 features: Here's what users can expect
- Real Housewives Star Lisa Barlow’s Mother's Day Amazon Picks Will Make Mom Feel Baby Gorgeous
- Katie Couric says she's been treated for breast cancer
Recommendation
Skins Game to make return to Thanksgiving week with a modern look
Joe Biden says the COVID-19 pandemic is over. This is what the data tells us
Trump’s EPA Skipped Ethics Reviews for Several New Advisers, Government Watchdog Finds
At Freedom House, these Black men saved lives. Paramedics are book topic
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Prince Harry and Meghan Markle's Son Archie Turns 4 Amid King Charles III's Coronation
A boil-water notice has been lifted in Jackson, Miss., after nearly 7 weeks
Debate 2020: The Candidates’ Climate Positions & What They’ve Actually Done