New Report Ranks California 35th Best State And Least Affordable

Authored by Dylan Morgan via The Epoch Times,

California, the most populous U.S. state and the one with the largest economy, ranked as the 35th best state in a new ranking published by U.S. News on July 28.

South Orange County communities near Laguna Beach, Calif., on Oct. 15, 2020. John Fredricks/The Epoch Times

Utah ranked as the best state, followed by South Dakota, Minnesota, North Dakota, and Nebraska.

The ranking was based on scores in eight categories such as education, healthcare, economy, and fiscal stability, and it was weighted by survey opinions.

Despite a median income of more than $100,000 compared to the national average of $81,600, California ranked last in the category of opportunity. This was partially because it ranked last in affordability, which was based on a cost-of-living index score and housing affordability index score.

The state's Department of Housing & Community Development considers a six-figure salary as low-income in many of its coastal hubs.

According to the income limits it set on June 23, $100,000 is classified as low in seven counties - San Francisco, Marin, San Mateo, Santa Clara, Santa Cruz, Santa Barbara, and Orange.

Santa Cruz County has the highest cutoff for what's considered low-income at $122,2