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20 years ago a "six figure salary" meant you were rich, and was exclusively the domain of corporate executives, wall street traders, doctors and lawyers. 10 ye
by floor2 6y ago
20 years ago a "six figure salary" meant you were rich, and was exclusively the domain of corporate executives, wall street traders, doctors and lawyers.
10 years ago a "six figure salary" included developers at FAANG companies, mid-level managers and late-career roles in more industries, highly-tenured individuals in government roles.
Today, a "six figure salary" qualifies you for low-income housing in the bay area and is paid as entry-level or mid-career salary to an incredibly wide range of jobs.
- jdashg 6y agoSix figures is only low income for certain areas (not the whole bay area), and only for households with enough children. For households, two 50k parents is an easy 100k. I do not believe six figures entry level jobs are common outside the highly trained professional fields, but I don't have data on hand for it.