September 8, 2024 #1 Local News, Forum, Information and Event Source for Venice Beach, California.

California’s Income Limits and Median Household Incomes Update for 2023

These Updates Determine Eligibility For State and Local Assistance Programs. 

By Dolores Quintana

The yearly update of California’s Income limits has been officially released as reported by Urbanize Los Angeles. California’s 58 counties see updates to income limits and median household income figures. These figures play a crucial role in determining eligibility for various programs based on household income, particularly in the affordable housing sector.

Significant variations in income limits can be observed on a county-by-county basis, even within Southern California. Here are some of the local figures for 2023, reflecting a notable increase since last year. In Los Angeles County, the median income for a four-person household rose from $80,000 in 2021 to $91,000 in 2022 and further climbed to $98,200 in the current year. Similarly, Orange County saw an increase from $106,700 to $119,000 over the same period.

The upward trend in figures continues, with gradual increases observed year after year.

LA County Household Income Chart

L.A. County’s median income rose from $91,000 in 2022 to $98,200 in 2023, surpassing the $80,000 mark from 2021. The “Acutely Low Income” category, unique to California through the adoption of AB 1043 in 2021, corresponds to 15 percent of the county’s median income level and is determined by the HCD (California Department of Housing and Community Development). 

The “Moderate Income” category, encompassing households earning up to 120 percent of the area median income level, is also set by the HCD. On the other hand, the remaining categories, including low, very low, and extremely low-income levels, are established using the methodology developed by the U.S. Department of Housing and Urban Development (HUD).

The methodology employed for L.A. County can yield interesting results, as the low-income limit continues to slightly exceed the area median income level, maintaining a unique dynamic in the region.

As these income limits and median household income figures evolve, they will continue to shape the eligibility criteria for various programs and initiatives aimed at addressing housing affordability in California. For more information, go here.

Related Posts

Man Arrested for Assaults at Trader Joe’s and Santa Monica Beach

September 6, 2024

September 6, 2024

The man became agitated when a store employee asked him to leave A 31-year-old homeless man was arrested late Wednesday...

Marina Peninsula Home Hits Market for First Time in 40 Years

September 6, 2024

September 6, 2024

One of only five single-family homes on the Marina Peninsula, the residence features ocean views from the living room An...

(Video) School of Rock Accepting Students for Back to School Season

September 6, 2024

September 6, 2024

For more info, go to https://www.schoolofrock.com @yovenicenews School of Rock has programs for Back to School season happening now #guitar...

(Video) Family-Owned Pharmacy Celebrates 80 Years in Santa Monica

September 6, 2024

September 6, 2024

For more info on Homeopathic Pharmacy, go to https://www.smhomeopathic.com/store/index.html. @yovenicenews For more info, go to www.smhomeopathic.com #fyp #pharmacy #santamonica #doctor...

A Plus Tree LLC: Leading the Way in Professional Tree Care for Homes and Businesses

September 5, 2024

September 5, 2024

A Plus Tree is a tree care company committed tomaintaining the safety, beauty, and health of trees, all with a...

Olympians to Join Pups Without Borders Adoption Event in Brentwood on Sept. 22

September 5, 2024

September 5, 2024

Meet Olympic Medalists and Adopt a Dog at the Barrington Circle Event Pups Without Borders, a rescue organization dedicated to...

Mar Vista Gets a New Premium Pet Store

September 5, 2024

September 5, 2024

The event coincides with Pet Food Express’ annual virtual Pet Fair Pet Food Express has opened its 68th location in...

Los Angeles Times Announces Amazing Full Lineup for Food Bowl 2024 for Charity

September 5, 2024

September 5, 2024

Three-Day Festival to Feature Tastings From Top Chefs and VIP Exclusive Bites The Los Angeles Times has announced the full...

(Video) New Kobe Mural on Venice Beach Nods to ‘28 Olympics

September 4, 2024

September 4, 2024

It is the second at the same spot in a year to honor the Black Mamba @yovenicenews The mural is...

Venice Shorts: Jason Neroni’s “Paloma” Launches Late-Night Food & Bar Menu

September 4, 2024

September 4, 2024

Items Include the Israeli Fried Chicken, Made With Pomegranate Molasses, Ras Al Hanout and House Pickles By Nick Antonicello Paloma...

­­­Willows School Celebrates 30 Years of Great Minds Growing

September 4, 2024

September 4, 2024

By Susan Payne Thirty years ago, a group of educators banded together to create a new school in the spring...

SM Pier to Celebrate 115th Anniversary with Outdoor Screening of “Barbie”

September 3, 2024

September 3, 2024

The Celebration Will Feature Food and Drink Options From Local Vendors, Including Pier Burger’s Custom Pier-Themed Cake The iconic Santa...

ARCANE to Debut “Maybe, Baby” by Irish Artist Domino Whisker

September 3, 2024

September 3, 2024

“Maybe, Baby” Represents a Significant Shift in Whisker’s Artistic Journey Arcane Space in Los Angeles will open its doors this...

Venice Run Club Founder Supports LA28 in Paris Marathon

September 3, 2024

September 3, 2024

The Marathon Allowed Participants to Experience the Same Course and Conditions as Elite Athletes Justin Shields, founder of the Venice...

School of Rock Celebrates 25 Years of Teaching Music

September 3, 2024

September 3, 2024

Venice and West LA Locations Welcome New Students By Susan Payne School of Rock is back in session and this...