Current:Home > InvestEarn less than $100,000 in San Francisco? Then you are considered low income. -TruePath Finance
Earn less than $100,000 in San Francisco? Then you are considered low income.
View
Date:2025-04-13 20:22:28
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! (2786)
Related
- Arkansas State Police probe death of woman found after officer
- Grand jury indicts man for murder in shooting death of Texas girl during ATM robbery
- DOJ paying nearly $139 million to survivors of Larry Nassar's sexual abuse in settlement
- Ancestry website to catalogue names of Japanese Americans incarcerated during World War II
- Sonya Massey's father decries possible release of former deputy charged with her death
- Jury sides with school system in suit accusing it of ignoring middle-schooler’s sex assault claims
- Arrests follow barricades and encampments as college students nationwide protest Gaza war
- What is record for most offensive players picked in first round of NFL draft? Will it be broken?
- A White House order claims to end 'censorship.' What does that mean?
- Biden’s Morehouse graduation invitation is sparking backlash, complicating election-year appearance
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Starbucks versus the union: Supreme Court poised to back company over 'Memphis 7' union workers
- A 10-year-old boy woke up to find his family dead: What we know about the OKC killings
- Man charged after shooting at person on North Carolina university campus, police say
- Intel's stock did something it hasn't done since 2022
- 'Shogun' finale recap: Hiroyuki Sanada explains Toranaga's masterful moves
- European Union official von der Leyen visits the Finland-Russia border to assess security situation
- Arizona Democrats attempt to repeal the state’s 19th century abortion ban
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
2021 death of young Black man at rural Missouri home was self-inflicted, FBI tells AP
Mississippi man finds fossilized remains of saber-toothed tiger dating back 10,000 years
Tennessee lawmakers pass bill allowing teachers, school staff to carry concealed handguns
Grammy nominee Teddy Swims on love, growth and embracing change
Mount Everest pioneer George Mallory's final letter to wife revealed 100 years after deadly climb: Vanishing hopes
USDA updates rules for school meals that limit added sugars for the first time
Supreme Court will consider when doctors can provide emergency abortions in states with bans