Renters in High-Cost Areas Need Six-Figure Salaries to Survive
California has a high rate of renters due to the high cost of housing, with 45.5% of housing units occupied by renters in 2020. The state also has a low rate of single-occupancy households, with only 23% of households occupied by just one person. The increase in people living alone coincides with higher social isolation, a worrying trend outlined by U.S. Surgeon Gen. Dr. Vivek Murthy in a recent report. High housing costs are also a factor in putting California near the bottom in the rate of single-occupancy households.