economy
California's $100,000 Poor People
If you are a single person living alone and you make $46,000 a year, then you are a solidly middle-class American. Unless you live in Orange County, where you can make double that amount and still be considered poor.
TL;DR
- An annual income of $46,000 makes a single person middle-class nationally.
- In Orange County, individuals earning up to $104,200 can be considered 'low income'.
- This new limit is an increase from the previous year's $94,750 for Orange County.
- A 23-year-old actuary expressed surprise at nearing the low-income bracket despite feeling financially well-off.