That's honestly not evidence of a thriving technology scene, its evidence that you and your friends make a lot of money. Would you say you and your friends are representative of the typical worker in the Midwest?
I could see how it is low compared to farmers, but most farm income goes into operating costs. Farmer Joe could be making 500k a year but that doesn't mean he's taking home much in profit, in a lot of cases he's taking far less.
It's not just HN, I keep reading many opinions and thinkpieces that reference "the situation in the midwest" when trying to talk about jobs, job markets and localized economies that are often frustratingly and annoyingly WELL off the mark.
I share your frustration.
Signed,
Northern Indiana
I've never lived there though, so I'm curious to hear how far off the mark you consider me to be.
Don't.
More seriously, no you're not really that far off. Most of the wealth concentrated in NWI specifically exists to and from Chicago. In this case, not speaking for anyone else by me and my own experiences: I have many friends who live in towns like Hammond, but with the exception of groceries and utilities spend a lot of their time (and money) over in IL (these are the well to do types, I should clarify). My job is in Chicago. Personally I'd be curious to see if anyone's ever done the numbers on how towns like Merrilville and Hammond are doing fiscally against how many residents hold full-time jobs in the second city.
Brain drain is a real thing too, if kiddo isn't going to ND, IU Northwest or State (or even traveling down to Bloomington or Lafayette), they're probably heading up 55 to Chicago and going to one of the many schools up there. And not returning because...well, there's not much here, big wheel in the sky keeps on turning.
All that said: Housing is affordable. Indianapolis is slowly transforming into something really interesting. Have fun getting there with these roads but..
I'm an IU grad myself and 100% agree it's still one of my favorite breakfast spots; I'll be down there for the holidays and it's definitely on the list.
It seems unfair to look at a farmer's peak income and say that they are doing well. Of my 5 uncles that owned farms, all but one had to give up their farms because they couldn't make a living -- now they work on corporate owned farms (which includes their former land) for mid-range pay for the area (which is much lower than tech-industry pay). A few lean years can put a farmer so under water that they can't recover.
The one uncle that still runs his farm (well, he's mostly retired now, his daughter and her husband do most of the work) managed to survive because he had two strokes of luck - he sold some land to a developer for a good profit and he has some natural gas wells on his property, as part of the "rent" for the well, he gets free gas so his energy cost is nearly zero for as long as those wells keep producing.
Your description doesn't come close to describing the average small city in the Midwest.
Or the east.
Or the south.
Or the west.
Or even most suburbs.
I'd love to know your zip code so I can look at the amazing census data for your area and figure out how to replicate that miracle
When I first moved to L.A. I had two different people (on separate occasions at Pan Pacific Park) ask me if I was from the MidWest. I said yes, but asked how they knew. Both responded, "because you're friendly." Doesn't have broader significance, but those encounters always stood out to me.