Welcome to Hacker News. The article makes no such claim. What it says is that 117k is considered low income. This is determined by the US Department of Housin

Welcome to Hacker News. The article makes no such claim. What it says is that 117k is considered low income. This is determined by the US Department of Housing and Urban Development, where "low income" is defined as 80% or less of the median income in the area. Both bonuses and equity are included in this number, as are interests and dividends. See the full definition on https://www.gpo.gov/fdsys/pkg/CFR-2018-title24-vol1/xml/CFR-2018-title24-vol1-sec5-609.xml https://www.gpo.gov/fdsys/pkg/CFR-2018-title24-vol1/xml/CFR-...