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$100K considered "low income" in parts of Bay Area

From cbsnews.com

New figures from the federal government find that in parts of the Bay Area, some people who bring in a six-figure income can be considered “low-income,” CBS SF Bay Area reports. Edward Apana, of South San Francisco, who is married with two children, says the cost of living in the Bay Area is a challenge, so to hear that six-figures is now considered “low income” is a bit shocking, but not that hard to believe. “Between the two of us, we can still make San Francisco, San Mateo County home,” Apana said. “But if one of us were to lose our job, it would be kind of tough.” (full story)

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  • Category: Breaking News