In this The Epoch Times article, Cynthia Cai reports that a six-figure salary is now officially considered low-income in seven California counties, exposing the state’s crushing affordability crisis driven by decades of failed progressive policies.
- Santa Cruz County tops the list with a low-income cutoff of $122,200 for a single-person household, up nearly 10% from last year.
- San Francisco, San Mateo, and Marin counties set the threshold at $117,700, while Santa Clara stands at $113,700 and Santa Barbara at $102,000.
- These limits, used for state housing assistance programs, reflect skyrocketing costs where even $100,000+ earners struggle to afford basic living.
- California’s median home price hovers around $775,000—nearly double the national average—with homeownership rates plummeting, especially among young adults.
- Rents run 40% above the national average, and only 23% of households can afford a mid-tier home mortgage, down from 31% in 2019.
- High taxes, regulations, and housing shortages—exacerbated by environmental mandates and sanctuary policies—continue driving residents out of the state.
- The data underscores how leftist governance has transformed the Golden State into a cautionary tale of economic mismanagement and declining quality of life.
Read the full story:
https://www.theepochtimes.com/us/100000-salary-considered-low-income-in-7-california-counties-amid-affordability-concerns-6052777
