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by crackrook
338 days ago
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> software developers nowadays fall mostly in the top 1-2%[1] > [1] Beware of estimates of the “average income of the top 1%.” That average includes all the richest people in the world. You only need to earn the very bottom of the 1% bucket in order to be in the top 1%. This doesn't seem remotely accurate, unless the sources I'm using are way off. It's reasonable to to point out that averages can be deceiving, so I'm using the median instead: at $133k/yr[1] the median software engineer in the U.S. is not even in the top 10% and would need to triple their income before becoming the lowest-earning 1%-er[2]. As an engineer who makes a bit less than the median I'm far from destitute, but the author and I are not in the same club. [1] https://www.bls.gov/ooh/computer-and-information-technology/... [2] https://dqydj.com/average-median-top-individual-income-perce... |
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