Housing costs alone would make a significant dent in necessary expenses, with a median … The high cost Bay Area poses particular challenges for students. Median household income in this East Bay ZIP code is less than $27,000 a year. But in large parts of the Peninsula, all that would require an income of about $500,000 and about $1 million somewhere like Mountain View, she said. Sorry, your blog cannot share posts by email. And more than 4,000 San Jose State students reported being homeless in the past year, according to a California State University system report. Some estimates presented here come from sample data, and thus have sampling errors that may render some apparent differences between geographies statistically indistinguishable. He lives in Palo Alto, but drives a 2007 Nissan Murano. “I know that, given our income, we would be considered wealthy in other parts of the nation,” said Chan, a software engineer at Nyansa, a Palo Alto-based networking startup. “I don’t think we have the luxury of not working.”, Feeling strapped on a $400,000 income? “Sometimes it works and sometimes it doesn’t,” he said. That’s saving them $6,000 and $7,000, respectively, each year. But it's more than Burbank ($74,167). All of those distinctions, from income to education, stem from a single characteristic: the area’s high population of UC Berkeley students. By definition, upper class is anything beyond $193,301 — although some financial managers say that income level is far from wealthy here. (Ray Chavez/Bay Area News Group) ... And more than 4,000 San Jose … For a special offer that includes unlimited access to the series and our websites, click here for The Mercury News or here for the East Bay Times. CLICK HERE TO TURN ON NOTIFICATIONS. She talks with clients about the standard of living they grew up with and what they want to accomplish with their wealth. He said that’s because incomes in the Bay Area have not increased as much or as quickly as housing prices, something he expects to change in coming years. More than 67 percent of Southside residents earn below 200 percent of the poverty line, which is more than any other neighborhood in the Bay Area, according to data. Estimates are not comparable to other geographic levels due to methodology differences that may exist between different data sources. She works during her summer break and part-time during the school year to cover the cost. For a Seattle household headed by a white or Asian person, the median income was about $112,000 in 2019. One of the best definitions, from Pew Research, says anyone making more than double the median household income in their area can be considered upper class. In San Jose, where median household income has grown 19 percent in the past five years, middle class is anything from $64,400 to $193,300. But that can be just a few dollars more than middle class, which is defined as anywhere between two-thirds and twice the median household income. The median household income ($88,007) for 95128 is less than the median household income for 95008 ($115,453), 95050 ($88,872), 95117 ($91,347), 95125 ($116,708), 95126 ($92,788), Campbell ($119,366), Fruitdale ($118,646), San Jose ($104,234), Santa Clara ($116,257), and Santa Clara County ($116,178). More than 67 percent of Southside residents earn below 200 percent of the poverty line, which is more than any other neighborhood in the Bay Area, according to data. She is a Bay Area native and graduated from Stanford University's data journalism M.A. “It’s definitely a lot cheaper to move out,” Schulte said. BERKELEY — By one definition, the Southside neighborhood around the UC Berkeley campus is the poorest in the Bay Area. Click the Quick Info icon to the left of each row in TABLE view to learn about sampling error. A three-year-old University of California survey found that 1 in 5 students across the UC system struggle with hunger. But it’s still not enough according to Steven Jon Kaplan, CEO of True Contrarian Investments LLC. QuickFacts data are derived from: Population Estimates, American Community Survey, Census of Population and Housing, Current Population Survey, Small Area Health Insurance Estimates, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits. And the median household income is $26,758, about one-quarter of the median income in the Bay Area. ... 2019. A Bay Area household could be financially comfortable at a more attainable $1.1 million, Schwab found. Berkeley campus in Berkeley, on Wednesday, Nov. 20, 2019. That’s the Bay Area, Butte County restaurants open for Thanksgiving, A Chico name: Ann Schwab reflects on a long career shaping city politics, Momma Rose hosts 28th annual Thanksgiving feast for the homeless, Glenn County up to 8 coronavirus-related deaths, Randall Stone reflects on 8-year council run, plans to stay active in community. More than 67 percent of residents fall below 200 percent of the poverty line, a measure we chose as the basis for our analysis of the impacts of the housing crisis on the area’s poor.