I find more amusing that some software developers are making $104,000, and there are more of them than managers making $200,000, therefor there are more software developers in the $103,000-$203,000 range than there are managers in said range.
Software development, like (i guess) medicine, law, finance, etc., values expertise, skills, experience, and deep analytical ability. More so than many others where analytical ability is less valued. Besides, this leadership skills, client management skills, and project management skills are also valued, but they are equally valued in other industries as well.
That is, IMHO, we see the pattern we see. Highly skilled software developers, like highly skilled financial analysts/traders - transcend traditional salary and "perceived value" bands, and can often make far more money than even very senior counterparts in their company. However, conversely, other counterparts - i.e. software development managers with well rounded analytical and managerial skills are also very well regarded and paid accordingly.
There really is no reason why one has to feel snarky about either of these options. One can feel snobbish about individual skills (and being a non-manager), just as one can feel snooty about being high up in the corporate chain. And both positions are boorish, IMHO. Pride about individual skills is fine, and good, but do remember, there are very highly skilled craftsmen and blue collared workers and armed forces personnel by the thousands who get paid diddly squat compared to what software and financial guys get paid. We just got lucky and are enjoying the ride in the gravy train - and all because of the completely messed up way in which the market works (and assigns relative value to skills).