Re:Nearly half of Bay Area residents say they want to leave
by usaar333 on Sunday June 03, 2018 @07:10PM
(#17222994)
Agreed; I've seen many engineers in my company moving to Seattle for this reason. While it lacks the Bay Area's startup scene, you still have very good options with large companies. Other costs some may consider are weather and culture.
I suspect the vast majority of the income gain is due to Washington lacking a state income tax. e.g. a single eng pulling $200k is paying $15k/year ($1300/month) in CA state income taxes and $0 for WA State.
The tax code changes for this year only make it more true.
Re:Nearly half of Bay Area residents say they want to leave
by foota on Sunday June 03, 2018 @06:54PM
(#17222884)
Shhh, don't let them in on it :)
But yes, the math is heavily weighted in the favor of places like Seattle with still bearable costs of living but with competitive software labor markets.
edit: unfortunately we also have a very regressive tax system which makes it easier for developers.
[0] https://seattle.curbed.com/2017/3/16/14942904/seattle-tech-w...