"mid-6 figure" means what? ~150K or ~500K??

[Anonymous]

Someone was asking this morning. I thought it meant middle of 100k to 200k... It could also mean middle of 100k to 1Mil. What do you think?

[Anonymous]

500k

[Anonymous]

450k-650k

I would say "high" six figures starts at 700k

[Anonymous]

Anonymous wrote:Someone was asking this morning. I thought it meant middle of 100k to 200k... It could also mean middle of 100k to 1Mil. What do you think?

I think it could mean either. And there's no polite way to ask which one someone means.

[Anonymous]

$400-600k

[Anonymous]

Anonymous wrote:450k-650k

I would say "high" six figures starts at 700k

+1

[Anonymous]

mid-6 figures seems like kind of a douche way to phrase it. but I'd interpret it to mean something like 350-650k (low 6 figures being 100k-350k and high 6 figure being 650k-999k).

but I would never use the phrase myself. disclaimer: HHI is "low-6 figures" (~300k)

[Anonymous]

seems pretty straightforward. something that is "six-figures" means a six digit number. the six-digit number can start with anything from 1-9 so dividing it evenly into 3 groups (1-3 = low, 4-6 = mid, and 7-9 = high) yields:

Low = $100,00 - $399,999
Mid = $400,000 - 699,999
High = $700,000 - $999,999

What's the confusion?

[Anonymous]

Anonymous wrote:seems pretty straightforward. something that is "six-figures" means a six digit number. the six-digit number can start with anything from 1-9 so dividing it evenly into 3 groups (1-3 = low, 4-6 = mid, and 7-9 = high) yields:

Low = $100,00 - $399,999
Mid = $400,000 - 699,999
High = $700,000 - $999,999

What's the confusion?

I have heard people using that term to indicate below 200k salary.

[Anonymous]

I agree with PP and don't understand the confusion.

Would anybody say that a mid-3 figure number is 150? Or a mid-4 figure number is $1,500?

[Anonymous]

Anonymous wrote:

Anonymous wrote:seems pretty straightforward. something that is "six-figures" means a six digit number. the six-digit number can start with anything from 1-9 so dividing it evenly into 3 groups (1-3 = low, 4-6 = mid, and 7-9 = high) yields:

Low = $100,00 - $399,999
Mid = $400,000 - 699,999
High = $700,000 - $999,999

What's the confusion?

I have heard people using that term to indicate below 200k salary.

Dumb people

[Anonymous]

Anonymous wrote:

Anonymous wrote:seems pretty straightforward. something that is "six-figures" means a six digit number. the six-digit number can start with anything from 1-9 so dividing it evenly into 3 groups (1-3 = low, 4-6 = mid, and 7-9 = high) yields:

Low = $100,00 - $399,999
Mid = $400,000 - 699,999
High = $700,000 - $999,999

What's the confusion?

I have heard people using that term to indicate below 200k salary.

That explains that salary then. [kidding]

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:seems pretty straightforward. something that is "six-figures" means a six digit number. the six-digit number can start with anything from 1-9 so dividing it evenly into 3 groups (1-3 = low, 4-6 = mid, and 7-9 = high) yields:

Low = $100,00 - $399,999
Mid = $400,000 - 699,999
High = $700,000 - $999,999

What's the confusion?

I have heard people using that term to indicate below 200k salary.

Dumb people

+1

[Anonymous]

If I can be allowed to be candid and earnest here, I think I do understand the confusion. Though I agree with PPs that the logical answer is low (1-3), mid (4-6), and high (7-9), I think I understand why people sometimes confuse this and say 150k is mid-6 figures.

The reason is that this phrase (mid-6 figures) is tied up with salary. And most ordinary people don't really comprehend possibilities of 700k salaries. For many ordinary people (not DCUM land), hitting 100k salary is a major milestone -- something they look to achieve and perhaps a benchmark of "success." When they hit that mark, they have hit a 6-figure income, and "made it."

But, they don't see that 100k as part of number line that goes up to 1M. They see it, maybe, as a number line going up to 200k at the absolute highest imaginable. Thus, "mid-6 figure" morphs into a confusing phrase they intend to convey -- midway between 100k and 200k.

But, again, I agree with PPs that this usage is erroneous and confusing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Someone was asking this morning. I thought it meant middle of 100k to 200k... It could also mean middle of 100k to 1Mil. What do you think?

I think it could mean either. And there's no polite way to ask which one someone means.

In most cases, it's easy to tell if you are with the person.