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0 pointshunterloftis10y ago0 comments

> A full time career that doesn't pay enough to buy a home. And they say software developers are overpaid.

The average salary for a "software developer" job posting in my city (Charlotte, NC) is $101k. The average income in Charlotte is $53k. The median home value is $167k. 60% of the value of a home in a year is pretty good.

I've also lived in Sydney, Mannheim, San Francisco, and Seattle, and I noticed similar economics in each of these places (where the salary of software developers tended to be quite high relative to the average income). Do you perhaps live somewhere with a very different trend?

Sources:

- http://www.indeed.com/salary?q1=software+developer&l1=charlo...

- http://www.bestplaces.net/economy/city/north_carolina/charlo...

- http://www.zillow.com/charlotte-nc/home-values/

0 comments

ecdavis10y ago

I don't know when you lived in those cities, but things have evidently changed. I've lived in Sydney and Seattle. Median home price in Sydney is currently ~AUD$1 million and median home price in the Seattle area has reached ~USD$0.5 million. Average developer salaries in those cities are certainly not 60% of the value of a home.

http://www.theguardian.com/business/2016/mar/10/australias-m...

http://www.seattletimes.com/business/real-estate/king-county...

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hunterloftisOP10y ago

I should also note that the $53k income is household income. Median personal income is $32k, meaning that a software developer makes over 3x the salary of a normal Charlotte resident.

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