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The Bay Area consists of nine counties (Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma) and 101 municipalities. [5] One, San Francisco, is a consolidated city–county. California law makes no distinction between "city" and "town", and municipalities may use either term in their official names. [6]
In all but three of California's 58 counties, the mean wage for renters was not enough to afford a two-bedroom rental. The three counties where wages were high enough were all high-rent locales in ...
In 2008, "Affordable Housing Associates", a Berkeley, California non-profit completed a seven-story, 76-unit apartment building which has been funded in part with affordable housing entitlement funds and pre-development loans from the California Department of Housing and Community Development and the City of Oakland.
Like counties however, the lowest-income places tended to be located in the Central Valley, and the highest-income places were concentrated in the San Francisco Bay Area. San Francisco is an extreme example of a place in California with both a large population (829,072) and high per capita income ($49,986).
The United States, despite a somewhat unpredictable economy, housing market and inflation rate, is a country of incredible wealth.
By 2014, the Bay Area's wealth gap was considerable: the top ten percent of income-earners took home over eleven times as much as the bottom ten percent, [163] and a Brookings Institution study found the San Francisco metro area, which excludes four Bay Area counties, to be the third most unequal urban area in the country. [164]
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