In Bay Area, six-figure salaries are “low income” • Hacker News Board

Re: In Bay Area, six-figure salaries are “low income”

#151

Post by WalterSear » Tue, Apr 25, 2017, 4:57 PM UTC

nojvek wrote: post #93

ryanSrich wrote: post #39

Earlier quoted context omitted.

Just remember that you'll want to select a city that has a decent economy and tech scene in the event that you lose your job and need to take a location dictated position. So long as you and your partner are both making 6 figures you should be able to afford any of the following cities: - Seattle - Portland - Austin - Denver

I wonder how many couples make six figures. What is the percentage of population with 350k combined income that are not business owners.

And can both move and find jobs in a new city at once.

Re: In Bay Area, six-figure salaries are “low income”

#152

Post by kevinmannix » Tue, Apr 25, 2017, 4:57 PM UTC

wehadfun wrote: post #54

BadassFractal wrote: post #22

Let's set aside cost of living in the Bay for a second. Here's a completely taboo subject. At what point do we hold people accountable for their reproductive choices? You want to have 2, 4, 6 children in the most expensive slice of land in the US? Great, but please bear in mind that choice comes with real financial consequences to your lifestyle and you should not expect the state to bail you out of it.

I have mixed feelings about this. People say that state shouldn't have to pay for your kids, but the state can send your kids to war. If the state sends your kids to war and they get killed who reimburses the parent for $100K they invested in the kid?

Can the state currently send your kids to war? By this, I mean forcefully via a draft. I was under the impression that it's a no for now and for the foreseeable future.

Re: In Bay Area, six-figure salaries are “low income”

#153

Post by tbomb » Tue, Apr 25, 2017, 4:57 PM UTC

netizzio wrote: post #127

OhHeyItsE wrote: post #64

Earlier quoted context omitted.

What's the tech job market like there? Or are you fully remote like above?

The tech industry in Central Florida has grown in recent years and seems to be quite strong at present with companies like Disney, Universal, Deloitte hiring lots of tech folks, and a small but growing startup scene. Salaries aren't going to be the same as the west coast though (obviously), and most of the senior developer roles I've seen cap out at around the $100k-ish mark. With the far cheaper cost of living thoug…

Don't forget the defense industry, a lot of my friends who graduated from UCF went to Boeing, Lockheed, and Homeland Security

Re: In Bay Area, six-figure salaries are “low income”

#154

Post by 1_2__3 » Tue, Apr 25, 2017, 4:58 PM UTC

I've been in the bay area for a few decades. I've gone from my salary paying for my family to have a nice rental house in Cupertino to renting rooms from friends so we have a place to live. And I make double what I did back then. It's fucking awful.

Re: In Bay Area, six-figure salaries are “low income”

#155

Post by stupidhn » Tue, Apr 25, 2017, 4:59 PM UTC

dmode wrote: post #73

Six figures is a bit misleading. I make close to 300k, which is also six figures and have a family. Don't really feel poor. I have a 4000 sqft home and take plenty of vacations

>I have a 4000 sqft home and take plenty of vacations

Let them eat cake!

Re: In Bay Area, six-figure salaries are “low income”

#156

Post by fideloper » Tue, Apr 25, 2017, 4:59 PM UTC

matwood wrote: post #131

archeantus wrote: post #20

Earlier quoted context omitted.

We moved to Utah where the tech scene is actually quite strong, and the cost of living is significantly less. We bought an 8k sq ft house for the price of many 1,500 sq ft town homes we had been putting offers in on in California. It can be such a rat race down there, it is refreshing to remember that it doesn't have to be that way. Life exists outside of The Valley, and it happens to be a pretty darn good one (and a…

Hopefully 8k sqft was a typo. I feel like 2500sqft is too much sometimes.

Jesus, was hoping someone else caught that too. I have a 2300sq ft for a 4 bed two bath, wouldn't want much bigger at all!

Re: In Bay Area, six-figure salaries are “low income”

#157

Post by sampo » Tue, Apr 25, 2017, 4:59 PM UTC

mrweasel wrote: post #114

ShakataGaNai wrote: post #2

For a family of 4. That's the critical bit left out of the article title. 104k is low income for a family of 4, in some areas. Which makes sense when it's hard to find somewhere to live alone, in SF, even at 100k. Finding a place big enough for a family of 4 plus all the costs related to 4 humans? Not surprising in the least.

There's only four zip codes in Denmark that have a higher average income per household, and Denmark is a pretty expensive place to live. It seems obvious to move that some tech companies would move away from San Francisco, offer lower wages, but still manage to give their employees a better deal.

> There's only four zip codes in Denmark that have a higher average income per household, and Denmark is a pretty expensive place to live.

In Denmark the following costs are cheaper or entirely nonexistent: Paying for health insurance (for every member of the family), saving for retirement, saving for sending kids to college, kids daycare, kids school fees, and also rent or cost of buying a house is cheaper than in the Bay Area.

Re: In Bay Area, six-figure salaries are “low income”

#158

Post by istorical » Tue, Apr 25, 2017, 5:00 PM UTC

hourislate wrote: post #51

Why would a young professional person want to live anywhere where earning 100k + is not enough when they could live in quite a few other states and earn a 100k + enjoying a cost of living that is 1/3 of what it is in SF or NYC? My wife and I both make well into the 6 figures working at boring corporations enjoying a lifestyle where we would have to earn the equivalent of 7 figures in the Bay Area or NYC. There are a…

Probably because young people don't know about those positions or how to find them.

Re: In Bay Area, six-figure salaries are “low income”

#159

Post by itomato » Tue, Apr 25, 2017, 5:00 PM UTC

OhHeyItsE wrote: post #64

ransom1538 wrote: post #46

Earlier quoted context omitted.

Did the exact same thing this year. Moved to Oviedo, FL from SF: 1) no state income tax, 2) public schools in my neighborhood are equivalent to a private school in sf [i] 4) weather is great 8 months out of year, 5) beaches you can swim in, 6) rent is ~1/4 of what it was in SF, 7) cuban food, 8) as a resident, kids have year round disney passes [i] http://school-ratings.com/Florida/schools/Carillon_Elementar... WARNI…

What's the tech job market like there? Or are you fully remote like above?

I spent a few months trying to get (re)established in FL last year as a Consultant.

The major market for tech jobs come from health care.

Not a very progressive or interesting market.

Its mostly the typical Windows/VMWare, Microsoft stuff.

A little bit of Devops here and there, and a smattering of low level development/coding work.

As a tooling and process consultant focused on Atlassian's tools, there's very little for me.

Re: In Bay Area, six-figure salaries are “low income”

#160

Post by harterrt » Tue, Apr 25, 2017, 5:00 PM UTC

Dangeranger wrote: post #110

archeantus wrote: post #6

Wow, this resonates with me. In 2013 my wife and I were living in the Bay Area and had just welcomed our third child into the family. I was making 105k/yr at Apple (which seemed like a ton at the time!) but I felt like I was saving very little of that. I was approached on LinkedIn to take a job with matching pay but that was fully remote. I could live anywhere I wanted in the entire country. I jumped at the chance an…

Vermont has an amazing community of remote engineers, reasonable housing prices, and some of the best public schools in the country. Come and enjoy the outdoors, food, and amazing beer with us.

Where in Vermont do you recommend? I just went remote in the past year and I plan on roadtripping to VT soon for a week.