San Francisco has added an affordability crisis to the crime and homelessness chaos after a California state study found that an annual salary of $100,000 is now considered “low income.”
According to The California Department of Housing and Securityif a single person in San Francisco County earns less than $104,400, he is considered low-income, with a net salary of $72,568 after taxes.
The average rent for a one-bedroom apartment is $3,000, which means that about 50 percent of net income is spent on housing, aaccording to Zumper.
San Mateo County and Marin County, both of which are within 40 miles of San Francisco, have similarly high low incomes to be the highest in the state.
However, neighboring Alameda County – home to Oakland – has a low income of $78,550.
City of San Francisco adds affordability crisis alongside crime, homelessness and fleeing businesses as California state study says $100,000 annual salary is now “low income”
Other cities in California are similar – with even Los Angeles ($70,650) and Orange ($80,400) Counties significantly lower than San Francisco.
San Diego County has a low income of $77,200, while Sacramento County – home to the state capital – drops to $60,050.
The study takes into account the increased burden of households with more than one person. In a household of three, the low income in San Francisco County is a whopping $134,200.
If your household expands to eight people, you must earn just under $200,000 to be considered low income.
By comparison, in Sacramento County, it rises to just $77,200 for a three-person household.
San Francisco has been hit by numerous homelessness and crime issues since the start of the pandemic, leading to a mass desertion of the city.
Researchers tracked smartphone use in 63 cities and found that San Francisco, which has been battling waves of crime and homeless addicts on the streets, has just 32 percent of the activity recorded before the pandemic.
It’s because crime has remained a problem in San Francisco, violent crimes are up 5.5 percent since she ousted former boss Chesa Boudin as prosecutor last year, according to The messenger.
According to California’s Department of Housing and Safety, a single person in San Francisco County earning less than $104,400 is considered low-income, with a net salary of $72,568 after taxes
The average rent for a one-bedroom apartment is $3,000, meaning about 50 percent of net income is spent on housing, Zumper said
In response to the city’s drug and crime epidemic, Mayor London Breed launched a police crackdown on open-air drug use this month.
The initiative led to the swift arrests of 45 people, but San Francisco Police Chief Bill Scott said the arrests point to a bigger problem.
He said only three of those arrested were San Francisco residents, proving that soft crime policies have made the city a hub for out-of-town vagrants.
“I’ve talked to people and asked them why they chose to do it here. I’ve gotten answers like ‘drugs are cheap and easily available, and you have an environment where it’s allowed,’ he told a police commission conference last Wednesday.
Murders are up 9.5 percent in the first five and a half months of 2023, while robberies are up 13.2 percent. Overall crime fell by 5.1 percent.
Mayor London Breed floated the demolition of the malls as a partial solution to the city’s untamed drug and crime epidemic
San Francisco’s Westfield mall may be razed to the ground as a result of the city’s out-of-control crime spree
A map shows the top companies that have left or are planning to leave San Francisco in recent months. Westfield, the most recent to announce his departure, will be giving up its huge mall – and several residents have already said they plan to follow suit
An analysis of official numbers and other research shows San Francisco could lose hundreds of millions of dollars from a corporate exodus and failure to recover from COVID
The city has seen a mass exodus of businesses due to rampant crime in the city, with Westfield the last to flee after announcing it was forced to stop making mortgage payments due to the loss of business.
San Francisco’s Westfield mall is the best example of the city’s dramatic fall, where the once bustling hub is now a drug-ridden wasteland.
In 2016, the property was valued at $1.2 billion, but a steep decline left the mall hit by years of looting, soft policing, and open-air drug use.
The mall’s main tenant, Nordstrom, announced it was leaving the site in August. At the time, Westfield blamed “unsafe conditions” and a “lack of enforcement against rampant criminal activity” for the departure.
Once Nordstrom leaves the mall, it’s only 55 percent leased.