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> Tech workers get paid salaries that literally put them in the 1% income bracket. Don't be silly. Well earning tech workers in SV make it into the top 15% (a

> Tech workers get paid salaries that literally put them in the 1% income bracket. Don't be silly. Well earning tech workers in SV make it into the top 15% (at the lower end its difficult to purchase a home where they work). Top 1% would be >$500k/a for a household, which is exceptionally rare for a techie. Not everyone is a rock-star developer working for Uber.

spookthesunset 5y ago
> at the lower end its difficult to purchase a home where they work If the upper crust high income tech dudes are priced out of housing in their own city... imagine what it must be like to not be a SV tech worker living in those cities?
- sudosysgen 5y ago
  Hell. It's horrible.
- Apocryphon 5y ago
  Which is why the upper crust tech workers and the non tech workers have more in common than they think.
xtracto 5y ago
You are completely right, considering only the USA, to be Top 1% you should earn $308,558 a year according to https://graphics.wsj.com/what-percent/ https://graphics.wsj.com/what-percent/ Now, for the world, you´ve got to make $58,000 USD yearly to be in the 1% https://howrichami.givingwhatwecan.org/how-rich-am-i?income=58000&countryCode=USA&household%5Badults%5D=1&household%5Bchildren%5D=0 https://howrichami.givingwhatwecan.org/how-rich-am-i?income=...
gnicholas 5y ago
> Top 1% would be >$500k/a for a household, which is exceptionally rare for a techie You're comparing individuals to households. You're right that not many tech workers make $500k/yr, but you're comparing that individual salary against the top 1% of household incomes. Plenty of tech workers make $250k/yr and are married to people who make similar wages in tech/law/medicine/etc. That's not to say that most tech workers live super comfortable lives, especially in costly areas like SF/SV. But it's not appropriate to look at the salary of single workers and compare it to household income statistics.
- Apocryphon 5y ago
  > Plenty of tech workers Would like to see the actual numbers of that. It certainly feels right, that high earners would self-select for high earning partners, but wondering what the reality is. It also feels like there are more single tech workers than married couples.

spookthesunset 5y ago

> at the lower end its difficult to purchase a home where they work If the upper crust high income tech dudes are priced out of housing in their own city... imagine what it must be like to not be a SV tech worker living in those cities?

sudosysgen 5y ago
Hell. It's horrible.
Apocryphon 5y ago
Which is why the upper crust tech workers and the non tech workers have more in common than they think.

xtracto 5y ago

You are completely right, considering only the USA, to be Top 1% you should earn $308,558 a year according to https://graphics.wsj.com/what-percent/ https://graphics.wsj.com/what-percent/ Now, for the world, you´ve got to make $58,000 USD yearly to be in the 1% https://howrichami.givingwhatwecan.org/how-rich-am-i?income=58000&countryCode=USA&household%5Badults%5D=1&household%5Bchildren%5D=0 https://howrichami.givingwhatwecan.org/how-rich-am-i?income=...

gnicholas 5y ago

> Top 1% would be >$500k/a for a household, which is exceptionally rare for a techie You're comparing individuals to households. You're right that not many tech workers make $500k/yr, but you're comparing that individual salary against the top 1% of household incomes. Plenty of tech workers make $250k/yr and are married to people who make similar wages in tech/law/medicine/etc. That's not to say that most tech workers live super comfortable lives, especially in costly areas like SF/SV. But it's not appropriate to look at the salary of single workers and compare it to household income statistics.

Apocryphon 5y ago
> Plenty of tech workers Would like to see the actual numbers of that. It certainly feels right, that high earners would self-select for high earning partners, but wondering what the reality is. It also feels like there are more single tech workers than married couples.