Bay Area’s poverty soared, data shows, as California’s top earners saw windfalls

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.