MATEO (KPIX 5) – Remember when a six-figure salary meant you had a
really good job? In three Bay Area counties, San Francisco, San
Mateo and Marin, if you make below $117,400, you’re officially
kind of shocks you. How is that possibly poverty by anybody’s
measure? But it actually is for a family of four in our area,”
said Ken Cole, Director of the San Mateo County Department of
to the latest survey by the Department of Housing and Urban
Development, the median income in those three counties tops the
entire country, and is so high that households making $117,000
would actually qualify to live in low-income housing projects.
said he’s a bit shocked that number has risen 10 percent from just
surprised at all to see a five percent increase. A 10 percent
increase did get my attention,” Cole told KPIX 5.