With companies like Facebook, Google, Apple, eBay, HP, Intel, and Twitter all located here in Silicon Valley we have a healthy employment economy. Silicon Valley is a unique and different place unlike anywhere else. It’s almost like an island, a technology island. The average high tech wage is $195,815 according to Jones Lang LaSalle report .
Many buyers today work in a high tech environment and have the large salaries to buy a home. The prices have gotten so out of hand that the average employee can’t afford to buy a home in Silicon Valley. You need to have a high tech household income in the six figures just to qualify for the median price home in San Jose.