I'm in the Houston Metro area and 3 years in, I make more than maybe 60-70% of the country (depending on what numbers you look at) and easily more than my mother ever made.
Plus I gig a lot on the side (though not lately). Could I make more doing something else? Maybe. But I feel like I'm paid well. And between teaching and playing, I'm doing pretty well. There are plenty of things to complain about, but my paycheck isn't really one of them.