Current:Home > ContactTradeEdge-Earn less than $100,000 in San Francisco? Then you are considered low income. -GrowthSphere Strategies
TradeEdge-Earn less than $100,000 in San Francisco? Then you are considered low income.
Robert Brown View
Date:2025-04-08 17:10:38
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! (8674)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Ryan Reynolds, Rob McElhenney lovingly spoof Wham!'s 'Last Christmas' single cover
- Justice Sandra Day O'Connor honored as an American pioneer at funeral
- North Korea and Russia clash with US, South Korea and allies over Pyongyang’s latest missile launch
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Florida house explosion injures 4 and investigators are eyeing gas as the cause, sheriff says
- Flooding continues across Northeast; thousands still without power: Live updates
- Nikola Corp founder gets 4 years prison for exaggerating claims on zero-emission trucks
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Myanmar ethnic armed group seizes another crossing point along the Chinese border, reports say
Ranking
- Stamford Road collision sends motorcyclist flying; driver arrested
- North Carolina’s 2024 election maps are racially biased, advocates say in lawsuit
- Lillard joins 20,000-point club, Giannis has triple-double as Bucks defeat Spurs 132-119
- Alyssa Milano Shares Lesson on Uncomfortable Emotions
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- More than 2,000 mine workers extend underground protest into second day in South Africa
- Cause remains unclear for Arizona house fire that left 5 people dead including 3 young children
- Miss France Winner Eve Gilles Defends Her Pixie Haircut From Critics
Recommendation
Taylor Swift makes surprise visit to Kansas City children’s hospital
Fresh Express bagged spinach recalled in 7 states over potential listeria concerns
New York City faulted for delays in getting emergency food aid to struggling families
A Palestinian baby girl, born 17 days ago during Gaza war, is killed with brother in Israeli strike
This was the average Social Security benefit in 2004, and here's what it is now
AP PHOTOS: Rivers and fountains of red-gold volcanic lava light up the dark skies in Icelandic town
Deadly blast in Guinea’s capital threatens gas shortages across the West African nation
Nikola Corp founder gets 4 years prison for exaggerating claims on zero-emission trucks