Current:Home > StocksEarn less than $100,000 in San Francisco? Then you are considered low income. -LegacyBuild Academy
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-25 19:25:53
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! (52912)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Lady Gaga and Fiancé Michael Polansky Share Rare Insight Into Their Private World
- Oasis adds new concerts to comeback tour due to 'phenomenal' demand
- California companies wrote their own gig worker law. Now no one is enforcing it
- Grammy nominee Teddy Swims on love, growth and embracing change
- LL COOL J Reveals the Reason Behind His 10-Year Music Hiatus—And Why The Force Is Worth the Wait
- The internet reacts to Jenn Tran's dramatic finale on 'The Bachelorette': 'This is so evil'
- Regulators call for investigation of Shein, Temu, citing reports of 'deadly baby products'
- Skins Game to make return to Thanksgiving week with a modern look
- Bigger and Less Expensive: A Snapshot of U.S. Rooftop Solar Power and How It’s Changed
Ranking
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Travis Kelce's Reps Respond to Alleged Taylor Swift Breakup Plan
- The internet reacts to Jenn Tran's dramatic finale on 'The Bachelorette': 'This is so evil'
- Terrence Howard Shares How He’s Helping Daughters Launch Hollywood Careers
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- LL COOL J Reveals the Reason Behind His 10-Year Music Hiatus—And Why The Force Is Worth the Wait
- When are the 2024 Emmy Awards? Date, nominees, hosts, how to watch
- Taraji P. Henson Debuts Orange Hair Transformation With Risqué Red Carpet Look
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Save Up to 74% on Pants at Old Navy: $8 Shorts, $9 Leggings & More Bestsellers on Sale for a Limited Time
Bethenny Frankel's Update on Daughter Bryn's Milestone Will Make You Feel Old
No-hitter! Cubs make history behind starter Shota Imanaga vs. Pirates
Why members of two of EPA's influential science advisory committees were let go
Jessica Simpson Is a Proud Mom in Back to School Photo With All 3 Kids
2nd suspect arrested in theft of sword and bullhorn from Rick Pitino’s office
Michael Keaton Is Ditching His Stage Name for His Real Name After Almost 50 Years