Angelenos who make $70,650 a year are considered ‘low-income,’ statewide report says
If you are a single person in Los Angeles making around $70,000 a year, you are considered low-income, according to a new statewide study.
The California Department of Housing and Community Development released the report in June and found that income limits have increased in most counties across California.
The income limits are calculated annually based on federal guidelines and are used to determine eligibility for certain programs, such as affordable housing. The income limits change based on the number of people in a household.
Here are the income limits for single-person households in Southern California:
Los Angeles County: $70,650
Orange County: $80,400
Imperial County: $46,200
San Bernardino County: $52,200
San Diego County: $$77,200
Santa Barbara County: $82,950
Ventura County: $74,400
The study also showed that single-person households in San Francisco, Marin and San Mateo counties who made $104,000 were also considered low-income.
In Central California, Fresno, Tulare, Kings and Mariposa counties, all considered single-person households making $46,200 a year to be low income.
Analysts also found that median income amounts have increased, with many being in the six-figure range.
In Los Angeles County, the median income is $98,200; in Orange County, it’s $127,800.
The complete report can be viewed here.
Source: KTLA Los Angeles