Note that in 2016, $250k was considered low income in Palo Alto, CA, and was qualified for subsidized housing: https://www.reuters.com/article/us-california-ren

Note that in 2016, $250k was considered low income in Palo Alto, CA, and was qualified for subsidized housing: https://www.reuters.com/article/us-california-rent/palo-alto-considers-subsidized-housing-for-salary-up-to-250k-idUSKCN0WQ0CB https://www.reuters.com/article/us-california-rent/palo-alto... 6 years passed, and now with high inflation, maybe the number is already >$300k.