Current:Home > ScamsEarn less than $100,000 in San Francisco? Then you are considered low income. -AssetScope
Earn less than $100,000 in San Francisco? Then you are considered low income.
Robert Brown View
Date:2025-04-07 16:46:27
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! (4642)
Related
- The White House is cracking down on overdraft fees
- Former Tennessee Titans coach Mike Vrabel hired by Cleveland Browns as coaching consultant
- A ‘Gassy’ Alabama Coal Mine Was Expanding Under a Family’s Home. After an Explosion, Two Were Left Critically Injured
- Alec Baldwin seeks dismissal of grand jury indictment in fatal shooting of cinematographer
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- The 10 Best Backless Bras That Stay Hidden and *Actually* Give You Support
- Identity of massive $1.765 billion Powerball jackpot winners revealed in California
- Great Value cashews sold at Walmart stores in 30 states recalled, FDA says
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Michigan suspends defensive line coach Gregg Scruggs following drunk driving arrest
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- From 4-leaf clovers to some unexpected history, all you need to know about St. Patrick’s Day
- Jets to sign longtime Cowboys star Tyron Smith to protect Aaron Rodgers, per reports
- Boeing 737 Max engine issue will take up to a year to fix, company tells lawmakers
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Drinking bird science class toy plays integral role in new clean energy idea, study shows
- After the pandemic, young Chinese again want to study abroad, just not so much in the US
- Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Luis Suárez scores two goals in 23 minutes, Inter Miami tops D.C. United 3-1 without Messi
The House wants the US to ban TikTok. That's a mistake.
Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Nate Oats' extension with Alabama will make him one of college basketball's highest-paid coaches
WWE WrestleMania 40 match card: 10 matches, what to know three weeks ahead of event
Mother of boy found dead in suitcase in Indiana arrested in California