My situation is in five years untenable. Income is required now to preserve Capital for then.
t's just as expensive to be considered a low-income San Franciscan as it was last year, but tens of thousands of dollars more expensive than it was less than a decade ago.
Earlier this month, the California Department of Housing and Community Development once again defined “low income” in The City as a one-person household making between $62,251 and $104,400, meaning that an individual making less than the upper limit is eligible for certain state and local affordable housing programs.
It’s the first time since at least 2016 that the low-income level remained flat, but it marks a brief pause of substantial annual increases during that span. Since 2016, the low-income limit has increased by $35,450 in San Francisco.
Marin and San Mateo counties experienced the same increase during that time, and only Santa Clara County had a more dramatic change: The upper limit in the Bay Area's largest county was $59,400 in 2016, and it’s $96,600 this year.
Santa Clara ($126,900), San Francisco, Marin and San Mateo counties ($122,500) have the highest median incomes for a one-person household in the state, up $51,950 and $47,100 from 2016, respectively.
As California contends with a statewide housing shortage, those four counties are among the priciest jurisdictions for renting a home..
Texas yes, Arizona, Florida. Wherever you flee there you pound sand, curse humidity and heat and winter. Prices are heading higher everywhere. Doom on.
My situation is in five years untenable. Income is required now to preserve Capital for then.
t's just as expensive to be considered a low-income San Franciscan as it was last year, but tens of thousands of dollars more expensive than it was less than a decade ago.
Earlier this month, the California Department of Housing and Community Development once again defined “low income” in The City as a one-person household making between $62,251 and $104,400, meaning that an individual making less than the upper limit is eligible for certain state and local affordable housing programs.
It’s the first time since at least 2016 that the low-income level remained flat, but it marks a brief pause of substantial annual increases during that span. Since 2016, the low-income limit has increased by $35,450 in San Francisco.
Marin and San Mateo counties experienced the same increase during that time, and only Santa Clara County had a more dramatic change: The upper limit in the Bay Area's largest county was $59,400 in 2016, and it’s $96,600 this year.
Santa Clara ($126,900), San Francisco, Marin and San Mateo counties ($122,500) have the highest median incomes for a one-person household in the state, up $51,950 and $47,100 from 2016, respectively.
As California contends with a statewide housing shortage, those four counties are among the priciest jurisdictions for renting a home..
Texas yes, Arizona, Florida. Wherever you flee there you pound sand, curse humidity and heat and winter. Prices are heading higher everywhere. Doom on.