Those in San Francisco who make $105,000 a year qualify as low-income
Posted May 17
It takes a lot to be low-income in San Francisco.
A new report from KRON-4, a San Francisco-based news station, found that a salary of $105,000 is considered “low-income.” In Santa Clara County, that number is closer to $84,000. In nearby Contra Costa County it’s $80,000.
Meanwhile, in Napa and Solano counties, low-income earners make close to $74,000 and $64,000, according to KRON-4.
In other words, a family of four who earns more than $100,000 can qualify for affordable housing.
“They are eligible now to apply for housing through the local housing authority, be it Section 8, be it public housing, or other HUD-subsidized programs,” HUD Regional Public Affairs Officer and Homeless Liaison Ed Cabrera told KRON-4.
Cabrera added that these low-income numbers are the highest in the country.
This video explains more.
The troubles that come with high incomes in San Francisco have been well-documented. In fact, several Silicon Valley tech leaders have decided to leave the area because rising costs make it harder to survive, according to the Deseret News.
In fact, one Twitter employee told The Guardian he couldn’t afford much, even though he made between $100,000 and $700,000.
“I had to borrow money to make it through the month,” he said.
In Utah, about half of all earners of $105,000 qualify as middle class, according to the Pew Research Center.