News for hackers. Stuff that matters.

A comment on Young 'to be poorer than parents at every stage of life'. Parent comment

Re:Young 'to be poorer than parents at every stage of life' by refurb on Tuesday November 24, 2015 @10:44AM (#10621345)
Inflation since 1980 is 290%.

Your average tech worker makes, what? $150K per year? That would equal $51K per year in 1980.

Median household income in 1980 was $16K. Your dad had a pretty awesome salary for being a laborer.

[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by afarrell on Tuesday November 24, 2015 @10:50AM (#10621379)
I think $150K is only the average salary of a tech worker if you are a advertisement for hired.com
[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by merpnderp on Tuesday November 24, 2015 @11:04AM (#10621466)
The average tech worker makes $150K per year? Which country is this, because I'm moving there.
[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by wdmeldon on Tuesday November 24, 2015 @11:28AM (#10621701)
Seeing shit like this just blows my mind. I struggle to believe the Bay Area is really that out of touch with the rest of the world.
[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by efng on Tuesday November 24, 2015 @06:05PM (#10624235)
It is.

Per Zillow, the median home value in San Francisco is $1,117,300. For the rest of the USA it is $188,900.

If you are willing to drive 2 hours each way to work, and live in the middle of nowhere, you can pay the low price of $630,000 in Gilroy.

Things are crazy here. If you don't live here it can be hard to understand.

[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by jamespo on Tuesday November 24, 2015 @10:46AM (#10621356)
that is not your average tech worker salary
[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by cryoshon on Tuesday November 24, 2015 @10:50AM (#10621382)
http://www.payscale.com/research/US/Industry=Information_Tec...

Working from those numbers, the bus driver math still doesn't work.

[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by steven2012 on Tuesday November 24, 2015 @11:15AM (#10621568)
He meant in Silicon Valley. 150k is about average for someone with 8-12 years experience. If you're not making 150k, you need to find a new job.
[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by maratd on Tuesday November 24, 2015 @10:50AM (#10621388)
> Your average tech worker makes, what? $150K per year?

http://lmgtfy.com/?q=average+salary+software+engineer

[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by jes5199 on Tuesday November 24, 2015 @11:06AM (#10621478)
OK, that google link says the averages in SF is $103,367 but I'm hearing about people hiring entry-level coders for $100k this year, so I don't see how that can possibly be up to date.
[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by in_cahoots on Tuesday November 24, 2015 @11:16AM (#10621578)
People who get hired for below-average salaries don't talk about it (or lie). 100k might be the norm at a giant company, but I've seen many startups offering 80-90k to people with a few years' experience and advanced degrees.
[ Parent | on HN ]
Re:Young 'to be poorer than parents at every stage of life' by nkrisc on Tuesday November 24, 2015 @10:55AM (#10621414)
Maybe average for a senior manager or director.
[ Parent | on HN ]