$84,000 per year qualifies as low-income in Orange County
(FOX 11) - Some surprising new data shows that in Orange County families earning just under six-figures are now considered 'low-income.'
Orange County has the fifth-highest income threshold in the country.
According to the U.S. Department of Housing and Development, a family of four with an annual income of $84,000 or less now qualifies as low-income.
Record-high rents and home prices are driving up Southern California income limits.
In the O.C rents have increased 20 percent over the past seven years, while the median sale price of a house has jumped 40 percent.
Which makes Orange County -- the least affordable place to live in Southern California.
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