Current:Home > MyEarn less than $100,000 in San Francisco? Then you are considered low income. -TradeGrid
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-15 17:41:43
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! (7514)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Warren Buffett has left the table. Homeless charity asks investors to bid on meal with software CEO
- Maine’s Democratic governor vetoes bid to end ‘three strikes’ law for petty theft
- Woodford Reserve tried to undermine unionization effort at its Kentucky distillery, judge rules
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- An America fighting itself in Civil War: It's a warning
- Warning light prompts Boeing 737 to make emergency landing in Idaho
- Former Dodgers pitcher Julio Urías charged with five misdemeanor domestic violence counts
- The White House is cracking down on overdraft fees
- Jay Leno granted conservatorship over estate of wife Mavis Leno amid dementia battle
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Texas power outage map: Powerful storm leaves over 100,000 homes, businesses without power
- Travel With the Best Luggage in 2024, Plus On-Sale Luggage Options
- Italy opens new slander trial against Amanda Knox. She was exonerated 9 years ago in friend’s murder
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Teenager charged as an adult in downtown Indianapolis shooting that injured 7
- New Jersey Transit approves a 15% fare hike, the first increase in nearly a decade
- Eclipse watchers stuck in heavy traffic driving home: Worst traffic I've ever seen
Recommendation
2025 'Doomsday Clock': This is how close we are to self
'I hurt every day': Tiger Woods battles physical limitations at the Masters
Coast Guard resumes search for missing man Jeffrey Kale after boat was found off NC coast
In striking reversal, low-paid workers saw biggest wage growth during pandemic years
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
Residents of One of Arizona’s Last Ecologically Intact Valleys Try to Detour the Largest Renewable Energy Project in the US
Man indicted in attempt to defraud 28 US federal bankruptcy courts out of $1.8M in unclaimed funds
NFL Star Tevin Coleman's Daughter, 6, Placed on Ventilator Amid Sickle Cell Journey