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US median household income in 2012 was $45,018 [Wikipedia]. There are certainly two-engineer households that make an order of magnitude more; actually there ar
by stephencanon 14y ago
US median household income in 2012 was $45,018 [Wikipedia]. There are certainly two-engineer households that make an order of magnitude more; actually there are individual engineers at large successful companies who make that much if you include stock and option grants (which you should, because the IRS certainly does).
Most engineers aren't so well-compensated. Most doctors aren't neurosurgeons, either.
- guelo 14y agoIf you're talking about $450k then you're talking about a 99 percentile minority.
- yummyfajitas 14y ago$450k is easily achievable by a household consisting of two higher end engineers.
- stephencanon 14y ago99th percentile minority is still something like 2.5 million working adults. Some of them are engineers.
- bd_at_rivenhill 14y agoThere are numerous individual software developers in finance that are easily making $450,000+ cash without resorting to stock and option grants.
- Joeri 14y agoFinance is a bad example because the traders that software replaces make an order of magnitude more than median wage. So, the software deeloper in finance could be underpaid making an order of magnitude above median.
- nilkn 14y agoWhere are these developers at, and do they have decent working conditions and hours? $450k may not sound so glamorous if you work 80 hours a week in a hell hole. I looked at Jane Street in college but it seems they start their developers at $100k with no bonus, i.e., less than Google, Facebook, etc., even though Manhattan is even more expensive than the Valley.