And outside of the Valley: A well respected software firm in my area is advertising $40-60K salaries in their job postings and they seem to pick up some really

And outside of the Valley: A well respected software firm in my area is advertising $40-60K salaries in their job postings and they seem to pick up some really good talent. A friend of mine has his PhD in computer science, working in the next city over, and he is also making around that $60K mark last I spoke to him. For comparison, the average male high school graduate who has experience under his belt in this same region will will earn $52K per year. $10K above that average is not exactly what I would expect a shortage to look like for a supposedly rare skill that is in high demand. Maybe you could argue that it is only a Valley shortage, but it makes you wonder why the Valley isn't attracting some of these people outside of that region? Perhaps $80K (or even $120K) isn't interesting enough for them to give up their current life to make the move?