No doubt it costs A LOT to live in the Bay Area, but new numbers are in and we are SHOCKED by what qualifies as a "low income" salary in the Bay Area!
In HUD's latest numbers, San Francisco, Marin and San Mateo show that an income of $105,350 for a family of four can be counted as low income. In those same counties an income of $65,800 is "very low," while $39,500 is "extremely low."
In other areas such as Alameda and Contra Costa counties, $80,400 is considered low-income for a family of four.
Here's the list of counties and the annual salaries that qualify as low income:
- Alameda County: $80,400
- Contra Costa County: $80,400
- Marin County: $105,350
- Napa County: $74,500
- San Francisco County: $105,350
- San Mateo County: $105,350
- Santa Clara County: $84,750
- Solano County: $64,300
Source: SF Gate.