Income data does not give you the full picture, especially in a city like SF. A lot of people have inherited wealth or trusts that provide moderate income (at

Income data does not give you the full picture, especially in a city like SF. A lot of people have inherited wealth or trusts that provide moderate income (at least as reported to the IRS), so looking at income alone is insufficient for understanding wealth profiles. My neighbor runs a small business and makes $60k/year. But he lives in a house he inherited worth over $3mn while paying taxes on the value it was assessed at in 1963.