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by king_jester
4728 days ago
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Software engineering is not a very middle class occupation, as you can easily earn amounts more than the average middle class family as a single worker, even in areas that are not tech hubs. > I don't understand why tech workers in the Bay Area feel guilty about receiving 'high' salaries of $100 - $200k/year. This is not a lot of money... People on Wall street laugh at these amounts. 100-200k a year is a lot of money. That amount easily puts you in the upper quartile of income earners in the US. Comparing yourself as an economic class to the people on Wall Street, who are consistently some of the highest earners in the US, is silly and doesn't make any sense since the vast majority of people do not have income like that. |
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It's more stark than that. In 2011, $100,000 would put you in the top 20%, and $186,000 would put you in the top 5%. Of household income.
In 2010, only 6.61% of American individuals had six-figure (or greater) incomes. At 100k, you're already pulling down more than 93% of Americans.
Cites:
https://en.wikipedia.org/wiki/Household_income_in_the_United...
https://en.wikipedia.org/wiki/Personal_income_in_the_United_...
http://www.census.gov/hhes/www/cpstables/032011/perinc/new01...