And it's $124k on the west coast, specifically western Oregon. Coastal PNW is notoriously expensive to live in - sure, Corvallis isn't Seattle, but it's not cheap, either. Folks like to balk at numbers when it comes to publicly (or FOSS-donation-ly) funded salaries, but also balk at tying context to those numbers. It happens almost every time anyone dares try to pay their bills on open-source work: a flame war over "you don't need that number, you could move to your parent's basement in Arkansas and survive on $20k instead!".
I grew up near/around/in Corvallis. $124k is quite a bit there. Food is cheap, you can find pretty cheap land/realty, etc. Overall it's pretty reasonable.
That said, $124k is not a lot for what Lance does.
Maybe it was at some point in the past? I have friends who currently live there and it does not sound cheap. Again - not Seattle bad, maybe not even Bellingham bad, but still not "124 is quite a bit" levels (from the sounds of it).
Regardless, we can definitely agree: Lance could be making a ton more elsewhere, but is a saint who cares about his work, and I appreciate his dedication!