Current:Home > ScamsRobert Brown|Earn less than $100,000 in San Francisco? Then you are considered low income. -Momentum Wealth Path
Robert Brown|Earn less than $100,000 in San Francisco? Then you are considered low income.
TradeEdge View
Date:2025-04-10 19:46:41
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! (44517)
Related
- Trump's 'stop
- Manslaughter charges dismissed against Detroit officer who punched man during confrontation
- 'Are We Dating the Same Guy?' What to know about controversial Facebook groups at center of lawsuit
- Drugmakers hiking prices for more than 700 medications, including Ozempic and Mounjaro
- Could your smelly farts help science?
- Live updates | Only a cease-fire deal can win hostages’ release, an Israeli War Cabinet member says
- 3 people charged with murdering a Hmong American comedian last month in Colombia
- After domestic abuse ends, the effects of brain injuries can persist
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- These Are the Best No Show Underwear To Wear Beneath Leggings
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Walmart scams, expensive recycling, and overdraft fees
- U.S. vet wounded in Ukraine-Russia war urges Congress to approve more funding for Kyiv
- Glam Squad-Free Red Carpet Magic: Elevate Your Look With Skincare & Makeup Under $50
- Small twin
- Alec Baldwin Indicted on Involuntary Manslaughter Charge in Fatal Rust Shooting Case
- Fani Willis hired Trump 2020 election case prosecutor — with whom she's accused of having affair — after 2 others said no
- Kidnapping of California woman that police called a hoax gets new attention with Netflix documentary
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Oreo lovers, get ready for more cereal: Cookie company makes breakfast push with Mega Stuf Oreo O's
Illinois high court hands lawmakers a rare pension-overhaul victory
Princess Kate surgery announcement leaves questions, but here's what we know
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Manslaughter charges dismissed against Detroit officer who punched man during confrontation
Amy Robach, former GMA3 host, says she joined TikTok to 'take back my narrative'
Sea level rise could cost Europe billions in economic losses, study finds