What is considered low income in Bay Area?
To be considered “low income” in San Francisco, San Mateo and Marin counties, a family of four must earn $117,400 a year.
“Very low income” is considered $73,300.
The Bay Area figures are the highest in the country and continue to increase year over year..
How much do you need to make to live comfortably in the Bay Area?
The group estimates a family of two adults and two children in San Francisco would need to earn a whopping $148,440 per year, or $12,370 a month, to live comfortably. Much of those costs are driven by high housing costs and taxes.
What is considered rich in Bay Area?
Nationwide, if you make more than $115,300, you’re considered “upper class.” In the Bay Area, you have to make at least $300,000. If your net worth here is $4.2 million, then you get to be considered “wealthy.”
Is $300000 a good salary?
Although $300,000 is a lot compared to the median household income in the United States of ~$62,000, it’s not an outrageous sum of money once you look at the realistic income statement I’ve put together for this article.
Is 120k a good salary in Bay Area?
Originally Answered: Is 120K a good salary in San Francisco? $120K is pretty good, and is in the medium to high range for engineers. You definitely won’t be living a difficult life.
What is middle class income in the Bay Area?
In the Inland Empire, a middle income for that family would be between $60,336 and $211,177. In Orange County, those numbers are $71,920 to $251,722. And in the Bay Area the range is $74,750 to $261,623.