I specifically called it out as "white-collar" income, not overall median income.
It's household income, not per capita. The median household income for SF is $73. I don't think it's out of bounds to assume that for a white collar worker (call it a 75th percentile income) that number is well over $120.
About 30% of the US gets a bachelor's degree, which seems like a reasonable proxy for the number of people working in white collar office jobs. So a median white collar worker is probably about 80th percentile income. For the overall US, that works out to $105K to $110K.
http://en.wikipedia.org/wiki/Household_income_in_the_United_...
It's household income, not per capita. The median household income for SF is $73. I don't think it's out of bounds to assume that for a white collar worker (call it a 75th percentile income) that number is well over $120.
(The median household income for a number of cities in this area exceeds $110K. They're not all execs. http://citylab.news21.com/data/types/19/)
About 30% of the US gets a bachelor's degree, which seems like a reasonable proxy for the number of people working in white collar office jobs. So a median white collar worker is probably about 80th percentile income. For the overall US, that works out to $105K to $110K. http://en.wikipedia.org/wiki/Household_income_in_the_United_...