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Poverty rate jumped from 12.2% to 16.3% in 2023 in state, Tipping Point Community report finds
Newly released data found that the San Francisco Bay Area’s poverty rate soared from 12.2% to 16.3% in 2023, with an approximate total 1.02 million residents in this six-county region considered impoverished by year’s end.
Another 12.5% of residents – about 790,000 people – hovered on the brink of poverty, meaning that about three in 10 Bay Area residents struggled to cover basic expenses.
Source: www.theguardian.com
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