Current:Home > StocksEarn less than $100,000 in San Francisco? Then you are considered low income. -Prosperity Pathways
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-23 22:47:36
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! (384)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Founder of New York narcotics delivery service gets 12 years for causing 3 overdose deaths
- Becky G performing Oscar-nominated song The Fire Inside from Flamin' Hot at 2024 Academy Awards
- Idaho delays execution of serial killer Thomas Creech after failed lethal injection attempts
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Storyboarding 'Dune' since he was 13, Denis Villeneuve is 'still pinching' himself
- 2024 NFL draft: Notre Dame's Joe Alt leads top 5 offensive tackle prospect list
- Panera agrees to $2 million settlement for delivery fees: How to see if you're owed money
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Judge declines to pause Trump's $454 million fraud penalty, but halts some sanctions
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Kate Hudson Reveals Why She Let Fear Fuel Her New Music Career
- Taylor Swift and Travis Kelce’s Romance Timeline Has New Detail Revealed
- Ryan Gosling Set to Bring the Kenergy With 2024 Oscars Performance
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Want to live up to 114? Oldest person in the US says 'speak your mind'
- Caitlin Clark’s 33-point game moves her past Lynette Woodard for the major college scoring record
- $1 million in stolen cargo discovered in warehouse near Georgia port
Recommendation
A South Texas lawmaker’s 15
Idaho delays execution of serial killer Thomas Creech after failed lethal injection attempts
Report: Chiefs release WR Marquez Valdes-Scantling, save $12 million in cap space
Climate change, cost and competition for water drive settlement over tribal rights to Colorado River
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Josh Peck's viral Ozempic joke highlights battle over 'natural' vs. 'fake' weight loss
Maine’s deadliest shooting spurs additional gun control proposals
Kentucky Senate passes a top-priority bill to stimulate cutting-edge research at public universities