4 ms·
Median household income in SF is $78k.
by Consultant32452 9y ago
Median household income in SF is $78k.
- zootam 9y agoi'm seeing some different information. on wikipedia- it says $78k, but that data is apparently from 2010-2014. https://factfinder.census.gov/faces/nav/jsf/pages/community_facts.xhtml# https://factfinder.census.gov/faces/nav/jsf/pages/community_... newer data suggests it is at least $87k, with some sources suggesting $92k+ >California Association of Realtors also estimates that the minimum qualifying income to buy in San Francisco is $254,000 annually. i think being in the 'middle class' should mean you have some hope of escaping rent and actually own something reasonable.
- deleted 9y ago[deleted]
- klochner 9y agoShould, but sadly doesn’t at the moment. We need more housing.
- closeparen 9y agoThis is a useless semantic game: do you define middle-class as however median-income earners live locally, or do you define middle-class as an objective standard of living (based on national norms) and then check what income is necessary to obtain it? Housing is also sticky. Many (not all) $78k earners locked in mortgages or rent control back when that was a lot of money, and live much better than any newcomer could on 2x that today.
- yellowapple 9y agoLower/middle/upper class is not equally populated, so a median income is useless when trying to define a "middle class" income; going by that would put folks in poverty in the "middle class" in a lot of the world.