There are a lot of interesting answers in here. It's a bit surprising, actually.
edit: @13COBRA out of curiosity, did you post this on other forums? How did the answers compare?
"High 6 figure" shouldn't be comparative to what others are making. It should be compared to all 6 figures. $100,000-999,999. $200,000 is only 20% up the scale, so how can that be considered "high"?I fall in the ball park of $100-130k here in SoCal, public municipality employee (water). I’ve made that since I’ve journeyed out 7 years ago, my manager caps out right around $150k. So to me $150-200k is a high 6 figure income as I’ll probably never get close to $200k. Unless the big one hits and I’m at work for 6mo straight knocking out the OT. I’m perfectly content with my income and I get to do what I want and live how I want within my means. Making $90-100k a year is plenty enough to live comfortably as long as you live within your means.
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High six figures 750k+
Mid six figures 400-600
Low six figures 100-250
That’s how I look at it anyway based on my income.
I fall in the ball park of $100-130k here in SoCal, public municipality employee (water). I’ve made that since I’ve journeyed out 7 years ago, my manager caps out right around $150k. So to me $150-200k is a high 6 figure income as I’ll probably never get close to $200k. Unless the big one hits and I’m at work for 6mo straight knocking out the OT. I’m perfectly content with my income and I get to do what I want and live how I want within my means. Making $90-100k a year is plenty enough to live comfortably as long as you live within your means.
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"High 6 figure" shouldn't be comparative to what others are making. It should be compared to all 6 figures. $100,000-999,999. $200,000 is only 20% up the scale, so how can that be considered "high"?
Shift it down a scale. If somebody told you they make "high 5 figures", would $20,000 qualify? Nope, but $75,000+ would be more accurate.
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"High 6 figure" shouldn't be comparative to what others are making. It should be compared to all 6 figures. $100,000-999,999. $200,000 is only 20% up the scale, so how can that be considered "high"?
Shift it down a scale. If somebody told you they make "high 5 figures", would $20,000 qualify? Nope, but $75,000+ would be more accurate.
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Bingo. I'd say this is exactly right.
That's a great salary. You can make some good money in municipal water. I have a few buddies who do that for work also.
Haha. I know right? Inflation is something else!High 5 figures lol. I bet the last time that phrase was used was 1931. Mr Jones with the house on the hill raked in FOURTY SEVEN THOUSAND!!! Hes not rich, hes wealthy.
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For me anything over 100k is baller status. Ive never had that much income come into my life and look forward to the day I actually see it.
It doesn’t depend on the actual numbers, but the wage range for a position/job. If you know the wage range for a certain position is $120K-$250K and the employer states they are willing to give you “high 6 figures” then I would expect $225K+. Given there is just not that many jobs that pay $600K+ I wouldn’t expect someone to be saying they get paid that much or more if they said high 6 figures.
If you came to buy a car, and you asked how much, and I told you "high teens", would you think I was referring to $10,000, or $16,500-19,999?
So would they be paying you a "high wage for the given job" or would they be paying you "a high six figure income for the given job"?
Between 15-20k would be in the high teen mark. Just honestly being me i would expect to pay 20k.
So 'high teens' results in you thinking $15-20k, or the highest of the teen numbers.
So why wouldn't 'high six figure income' result in you thinking $650k-999,999?
Because that goes well beyond anything that I had ever been exposed to so my mentality is a limiting factor.