Between 2008 and 2012, San Francisco lost about 30,000 workers with annual incomes below $35,000, according to data from the American Community Survey. Though the minimum wage went up to $11.05 in January and is set to increase again in May, it simply can't keep pace with rising housing costs. Using more recent data compiled in 2014, Zillow found that a typical renter in SF needs to earn about seven times the minimum wage in order to avoid spending more than 30 percent of income on rent. [SF Examiner; previously]
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