[chipotle_coyote]

Alternative reading: folks in Silicon Valley who've gotten used to FANG-level compensation have inadvertently developed a very skewed view of what average salaries in their industry are, because FANG compensation has climbed dramatically in the last decade. Anecdotally, $120–130K was a reasonable mid-level engineering salary in the valley in 2009 (I had more than a few friends at that level, which I admittedly hadn't reached myself); if that wage had increased more in line with inflation, we'd expect it to be $145-160K in 2019 -- and that $120K would have been hard to match for tech talent in most other parts of the country a decade ago. (Not impossible, just not easy.) The soaring valuations of tech companies, especially in the Bay Area, led to a loop of equally soaring costs of living and frenzied talent competition which just hasn't been reflected in most other places in the country.

It does seem strange that they wouldn't see a single offer over $150K, but I wouldn't at all be surprised if the median level was considerably lower.