11/23/2024

Households making six figures qualify as “low income” in San Francisco

The federal government is well aware of the steep prices Bay Area residents pay when it comes to just getting by.

For four-person households in San Mateo, Marin and San Francisco counties, the threshold for “low” income housing bumped up to $117,400 per year according to the U.S. Department of Housing and Urban Development’s latest definition, the East Bay Times reports. That’s just below the median family income of $118,400, reports HUD.

HUD’s 2018 brackets consider households making $73,300 per year in those three counties as “very low” income, and $44,000 as “extremely low.”

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