In 2021, the median household income is $68,000. An upper class income is at least 50% higher than the median household income, so an upper class income in America is $100,000 and higher.
Is crime worse in LA or San Francisco?
The violent crime rates in both cities are relatively low for cities of their size. However, when comparing them head-to-head, the rates of specifically robbery are noticeably higher in San Francisco.
What city is San Francisco most similar to?
Both have a long history; both were founded by the British; both have a temperate climate; both have a diverse population; both have a strong economy; both are located on the coast.
San Francisco has a long history, being founded by the British, and has a temperate climate. It is also a very diverse population, with a strong economy. It is located on the coast, like Massachusetts.
Will California home prices drop in 2023?
The California median home price is forecast to drop 8% to $758,600 in 2023, following a projected 7% increase to $831,460 in 2022 from $786,700 last year.
Home prices statewide and in Southern California are projected to decrease by approximately 7% in 2023 compared to 202
Why is San Francisco so expensive?
The amount of housing in San Francisco does not meet the demand of those who want to live there. The city has been averaging a growth rate of 1,500 net new housing units per year, but hit a low of 269 in 201
I’m Brendan Rivers, and I love all things real estate. I live in sunny Los Angeles and work as a real estate expert. I enjoy helping people find their dream home, and I love everything about the process of buying and selling property.
I’m originally from Boston, and I love spending time with my family and friends there. When I’m not working or hanging out with loved ones, you can usually find me at the beach or exploring new parts of LA.