What is San Francisco’s poverty rate?
Poverty by Age and Gender 11.7% of the population for whom poverty status is determined in San Francisco, CA (99.1k out of 851k people) live below the poverty line, a number that is lower than the national average of 13.1%.Click to see full answer. People also ask, what is considered low income in San Francisco?To…
Poverty by Age and Gender 11.7% of the population for whom poverty status is determined in San Francisco, CA (99.1k out of 851k people) live below the poverty line, a number that is lower than the national average of 13.1%.Click to see full answer. People also ask, what is considered low income in San Francisco?To be considered “low income” in San Francisco, San Mateo and Marin counties, a family of four must earn $117,400 a year. “Very low income” is considered $73,300. The Bay Area figures are the highest in the country and continue to increase year over year.Subsequently, question is, what is a comfortable salary in San Francisco? Not shockingly, the places where you’d need to make the most to live comfortably were on the East and West Coasts. Taking the top salary spot was San Francisco, where you’d have to earn a hefty $110,357 (that’s $55,179 for necessities and $33,107 for discretionary spending, while saving $22,071). Herein, what salary do you need to live in San Francisco? A monthly income of $5,000 allows you to live in an average apartment and meet basic expenses each month while having money left over to save or use toward unexpected costs, such as car repairs or dental work. That amounts to $60,000 per year.Is 130k a good salary in San Francisco?$130k is a great salary, but not so great if it is a total package. As long as you are able to factor in costs for rent, utilities, transportation, insurance (health and auto, if buying a car), phone and internet plans, and groceries.
