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In Costly Bay Area, Even Six-Figure Salaries Are Considered 'Low Income' (mercurynews.com)

An anonymous reader shares an article: In the high-priced Bay Area, even some households that bring in six figures a year can now be considered "low income." That's according to the U.S. Department of Housing and Urban Development, which recently released its 2017 income limits -- a threshold that determines who can qualify for affordable and subsidized housing programs such as Section 8 vouchers. San Francisco and San Mateo counties have the highest limits in the Bay Area -- and among the highest such numbers in the country. A family of four with an income of $105,350 per year is considered "low income." A $65,800 annual income is considered "very low" for a family the same size, and $39,500 is "extremely low." The median income for those areas is $115,300. Other Bay Area counties are not far behind. In Alameda and Contra Costa counties, $80,400 for a family of four is considered low income, while in Santa Clara County, $84,750 is the low-income threshold for a family of four.

2 of 366 comments (clear)

  1. That's funny... by __aaclcg7560 · · Score: 5, Insightful

    When I was out of work for two years (2009-2010) and underemployed for six months (working 20 hours per month) in Silicon Valley, I couldn't qualify for food stamps because I made too much money (20 x $16 = $320) as a single adult. After I filed for Chapter Seven bankruptcy in 2011, I still didn't qualify for food stamps. You have to work 20 hours per month at minimum wage (~$160) to qualify for food stamps. I ate a lot of rice and beans during that time.

  2. Re:Poor life decisions by Altus · · Score: 5, Insightful

    yeah, it really sucks the way people want to live in the places where their employment options are the greatest. What a bunch of entitled assholes

    --

    "In America, first you get the sugar, then you get the power, then you get the women..." -H. Simpson