It is very helpful, the bottom of the range tells you almost everything you need to know. I don’t care if the top is $1B per year if I am willing to accept $200k in order to decide which jobs to apply.
I think that's true when you're on the more junior side of things. When you're more senior, you're more interested in the ceiling. the $200k may not be enough but if you know it goes up to say $500k - you can consider interviewing.
