Current:Home > ScamsEarn less than $100,000 in San Francisco? Then you are considered low income. -SecureNest Finance
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-15 06:57:07
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! (38967)
Related
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Turkey reportedly detains 32 IS militants and foils possible attacks on synagogues and churches
- Rivers remain high in parts of northern and central Europe after heavy rain
- Las Vegas expects this New Year's Eve will set a wedding record — and a pop-up airport license bureau is helping with the rush
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Iowa deputy cleared in shooting of man accused of killing grocery store worker
- Federal judge accepts redrawn Georgia congressional and legislative districts that will favor GOP
- From glacier babies to a Barbie debate: 7 great global stories you might have missed
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Halle Bailey Gets $500,000 of Christmas Gifts From Boyfriend DDG
Ranking
- A White House order claims to end 'censorship.' What does that mean?
- Wawa moving into Georgia as convenience store chains expands: See the locations
- How rock-bottom prices drive shortages of generic drugs used in hospitals
- Teddi Mellencamp undergoes 'pretty painful' surgery to treat melanoma
- What do we know about the mysterious drones reported flying over New Jersey?
- Foragers build a community of plants and people while connecting with the past
- Do ab stimulators work? Here's what you need to know about these EMS devices.
- Trump is blocked from the GOP primary ballot in two states. Can he still run for president?
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Taylor Swift and Travis Kelce's Romance Gets the Ultimate Stamp of Approval From His Chiefs Family
Column: The Newby Awards sends out an invitation to Taylor Swift and Travis Kelce
Rare southern white rhinoceros born on Christmas Eve at Zoo Atlanta
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
The earth gained 75 million humans in 2023. The US population grew at half the global rate
Poland says an unidentified object has entered its airspace from Ukraine. A search is underway
New law in Ohio cracks down on social media use among kids: What to know