A single person making an income above $100,000 is now considered low-income in five counties in California, according to a report.
The distinction now applies to individuals living in Santa Cruz, Santa Clara, San Mateo, San Francisco, and Marin counties. In 37% of counties, a family of four living on a six-figure income is now considered low-income.
The report by the California Department of Housing and Community Development came amid the state’s struggle with a shortage of affordable housing and rising inflation costs…