Living Wage Calculation for Boulder County, Colorado

The living wage shown is the hourly rate that an individual must earn to support their family, if they are the sole provider and are working full-time (2080 hours per year). All values are per adult in a family unless otherwise noted. The state minimum wage is the same for all individuals, regardless of how many dependents they may have. The poverty rate is typically quoted as gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

Hourly Wages 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (One Working) 2 Adults (One Working) 1 Child 2 Adults (One Working) 2 Children 2 Adults (One Working) 3 Children 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Living Wage $12.26 $25.33 $29.98 $38.95 $18.96 $22.99 $25.69 $30.26 $9.48 $13.84 $16.40 $19.90
Poverty Wage $5.00 $7.00 $9.00 $11.00 $7.00 $9.00 $11.00 $13.00 $3.00 $4.00 $5.00 $6.00
Minimum Wage $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00 $8.00

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

Annual Expenses 1 Adult 1 Adult 1 Child 1 Adult 2 Children 1 Adult 3 Children 2 Adults (One Working) 2 Adults (One Working) 1 Child 2 Adults (One Working) 2 Children 2 Adults (One Working) 3 Children 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Food $3,607 $5,319 $8,002 $10,607 $6,612 $8,234 $10,627 $12,932 $6,612 $8,234 $10,627 $12,932
Child Care $0 $8,386 $12,733 $17,079 $0 $0 $0 $0 $0 $8,386 $12,733 $17,079
Medical $2,172 $6,167 $5,956 $6,020 $4,561 $5,956 $6,020 $5,987 $4,561 $5,956 $6,020 $5,987
Housing $9,840 $14,136 $14,136 $20,832 $11,424 $14,136 $14,136 $20,832 $11,424 $14,136 $14,136 $20,832
Transportation $4,054 $7,382 $8,509 $9,970 $7,382 $8,509 $9,970 $9,525 $7,382 $8,509 $9,970 $9,525
Other $2,284 $3,971 $4,344 $5,250 $3,971 $4,344 $5,250 $4,905 $3,971 $4,344 $5,250 $4,905
Required annual income after taxes $21,956 $45,362 $53,679 $69,759 $33,950 $41,178 $46,003 $54,182 $33,950 $49,564 $58,736 $71,261
Annual taxes $3,546 $7,326 $8,669 $11,266 $5,483 $6,650 $7,429 $8,750 $5,483 $8,005 $9,486 $11,509
Required annual income before taxes $25,502 $52,688 $62,348 $81,025 $39,433 $47,828 $53,432 $62,932 $39,433 $57,569 $68,221 $82,770

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $103,690
Business & Financial Operations $67,170
Computer & Mathematical $85,320
Architecture & Engineering $80,470
Life, Physical, & Social Science $64,100
Community & Social Service $43,610
Legal $72,860
Education, Training, & Library $43,990
Arts, Design, Entertainment, Sports, & Media $42,680
Healthcare Practitioners & Technical $66,860
Healthcare Support $29,680
Protective Service $40,590
Food Preparation & Serving Related $19,180
Building & Grounds Cleaning & Maintenance $23,800
Personal Care & Service $22,090
Sales & Related $28,660
Office & Administrative Support $34,360
Farming, Fishing, & Forestry $24,960
Construction & Extraction $40,450
Installation, Maintenance, & Repair $44,720
Production $33,170
Transportation & Material Moving $32,420