How does the median SE salary of a place go up more than $40k/yr in a couple years? What is the mechanism behind this sort of change? Is it companies opening new offices? Is it existing companies increasing their compensation package by a huge amount?
References: https://www.levels.fyi/2021 https://www.levels.fyi/2020/ https://www.levels.fyi/2019/
I would not be shocked if much of this increase has been necessary to retain and attract people during a difficult time for the region.
levels.fyi salaries should be viewed more as the upper limit for top 5% developers, though, not necessarily the average across all jobs in the city.