In the exorbitantly expensive Bay Area, you can earn a six-figure salary and still be considered low-income.
According to the latest state eligibility requirements for affordable housing, a resident of San Francisco or San Mateo County making up to $104,400 a year has a low income. In Santa Clara County, the cut-off is $96,000. And in Alameda and Contra Costa counties, it’s $78,550.
The eye-popping figures underscore the deepening housing crisis across the region, where software engineers and service workers alike feel the squeeze of sky-high housing costs.
