Six-Figure Salaries Now “Low Income” In San Francisco



The San Francisco Bay Area is notoriously expensive, but just how expensive can be hard to grasp. The latest statistics are revealing just how bad it is there. In some counties, earning $117,400 qualifies as low income for a family of four. If you earn $73,300, you are considered to have a very low income. The median home price in the Bay Area, as of May, was a whopping $935,000. As a result, many people are leaving the Bay Area to escape the rising prices.

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