Living Wage Calculation for Knott County, Kentucky

The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $18.29 $30.35 $37.13 $47.24 $25.68 $31.11 $35.39 $37.04 $12.84 $17.30 $21.18 $23.68
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
Minimum Wage $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $3,842 $5,663 $8,494 $11,290 $7,043 $8,767 $11,291 $13,767 $7,043 $8,767 $11,291 $13,767
Child Care $0 $6,394 $12,789 $18,403 $0 $0 $0 $0 $0 $6,394 $12,789 $18,403
Medical $2,929 $9,213 $9,099 $9,571 $6,755 $9,099 $9,571 $9,158 $6,755 $9,099 $9,571 $9,158
Housing $7,949 $10,253 $10,253 $13,329 $7,997 $10,253 $10,253 $13,329 $7,997 $10,253 $10,253 $13,329
Transportation $9,838 $11,386 $14,343 $16,503 $11,386 $14,343 $16,503 $16,484 $11,386 $14,343 $16,503 $16,484
Civic $2,165 $3,810 $4,795 $5,553 $3,810 $4,795 $5,553 $5,191 $3,810 $4,795 $5,553 $5,191
Internet & Mobile $1,515 $1,515 $1,515 $1,515 $2,094 $2,094 $2,094 $2,094 $2,094 $2,094 $2,094 $2,094
Other $3,903 $6,966 $7,407 $10,238 $6,966 $7,407 $10,238 $9,841 $6,966 $7,407 $10,238 $9,841
Required annual income after taxes $32,140 $55,200 $68,694 $86,401 $46,051 $56,757 $65,502 $69,863 $46,051 $63,151 $78,291 $88,266
Annual taxes $5,906 $7,937 $8,530 $11,865 $7,364 $7,959 $8,114 $7,189 $7,364 $8,802 $9,802 $10,261
Required annual income before taxes $38,046 $63,136 $77,224 $98,266 $53,415 $64,716 $73,616 $77,052 $53,415 $71,954 $88,092 $98,527

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $102,050
Business & Financial Operations $73,700
Computer & Mathematical $80,470
Architecture & Engineering $76,040
Life, Physical, & Social Science $65,240
Community & Social Service $48,230
Legal $82,220
Education, Training, & Library $52,890
Arts, Design, Entertainment, Sports, & Media $51,370
Healthcare Practitioners & Technical $84,140
Healthcare Support $33,930
Protective Service $39,920
Food Preparation & Serving Related $26,840
Building & Grounds Cleaning & Maintenance $30,850
Personal Care & Service $29,520
Sales & Related $41,610
Office & Administrative Support $40,680
Farming, Fishing, & Forestry $36,210
Construction & Extraction $51,310
Installation, Maintenance, & Repair $53,720
Production $44,280
Transportation & Material Moving $46,330