Current:Home > MyEarn less than $100,000 in San Francisco? Then you are considered low income. -Wealth Empowerment Zone
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-24 20:30:10
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! (3)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- AP PHOTOS: Anger boils and desperation widens in war’s 12th day
- Neymar’s next chapter is off to a difficult start as Ronaldo and Messi continue to lead the way
- Pennsylvania House OKs bill to move 2024 primary election by 1 week in protracted fight over date
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Jussie Smollett Gets Rehab Treatment Amid Appeal in Fake Hate Crime Case
- Golfer breaks world record for most 18-hole courses played in one year
- Fugees rapper says lawyer’s use of AI helped tank his case, pushes for new trial
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- A man’s death is under investigation after his body was mistaken for a training dummy, police say
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Indonesian presidential candidates register for next year’s elections as supporters cheer
- Europol says Islamist terrorism remains the biggest terror threat to Western Europe
- Restaurant chain Sweetgreen using robots to make salads
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Florida GameStop employee fatally shot a fleeing shoplifter stealing Pokemon cards, police say
- Germany’s Deutsche Bahn sells European subsidiary Arriva to infrastructure investor I Squared
- CBS News witnesses aftermath of deadly Israeli airstrike in southern Gaza
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Not just autoworkers: Grad students make up a growing share of UAW members
Neymar’s next chapter is off to a difficult start as Ronaldo and Messi continue to lead the way
Boat maker to expand manufacturing, create nearly 800 jobs
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Joran van der Sloot admitted to killing Natalee Holloway on the beach, her mom says after extortion case hearing
John Kirby: Significant progress made on humanitarian assistance to Gaza but nothing flowing right now
Broad rise in wealth has boosted most US households since 2020 and helped sustain economic growth