Living Wage Calculation for Binghamton, NY

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 (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Living Wage $10.82 $25.14 $34.21 $46.57 $17.79 $20.97 $24.01 $26.76 $17.39 $8.72 $13.54 $18.69 $23.70
Poverty Wage $5.80 $7.81 $9.82 $11.83 $7.81 $9.82 $11.83 $13.84 $3.90 $4.91 $5.91 $6.92
Minimum Wage $10.40 $10.40 $10.40 $10.40 $10.40 $10.40 $10.40 $10.40 $10.40 $10.40 $10.40 $10.40

*Documentation for families with an adult working part-time is available separately, here.

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 (1 Working) 2 Adults (1 Working) 1 Child 2 Adults (1 Working) 2 Children 2 Adults (1 Working) 3 Children 2 Adults (1 Working Part Time) 1 Child* 2 Adults 2 Adults 1 Child 2 Adults 2 Children 2 Adults 3 Children
Food $3,467 $5,103 $7,680 $10,192 $6,357 $7,905 $10,203 $12,428 $6,357 $7,905 $10,203 $12,428
Child Care $0 $10,536 $23,072 $35,607 $0 $0 $0 $0 $0 $10,536 $23,072 $35,607
Medical $2,367 $6,674 $6,393 $6,450 $5,336 $6,393 $6,450 $6,120 $5,336 $6,393 $6,450 $6,120
Housing $6,516 $9,204 $9,204 $12,456 $7,164 $9,204 $9,204 $12,456 $6,516 $9,204 $9,204 $12,456
Transportation $3,609 $7,457 $7,828 $9,398 $7,457 $7,828 $9,398 $9,361 $7,457 $7,828 $9,398 $9,361
Other $2,656 $4,294 $4,736 $6,059 $4,294 $4,736 $6,059 $5,620 $4,294 $4,736 $6,059 $5,620
Required annual income after taxes $18,614 $43,268 $58,913 $80,162 $30,608 $36,066 $41,314 $45,985 $29,960 $46,602 $64,386 $81,592
Annual taxes $3,885 $9,028 $12,235 $16,713 $6,387 $7,546 $8,620 $9,675 $6,296 $9,708 $13,355 $17,007
Required annual income before taxes $22,499 $52,295 $71,148 $96,875 $36,995 $43,612 $49,934 $55,660 $54,245 $36,256 $56,310 $77,741 $98,599

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $93,132
Business & Financial Operations $60,803
Computer & Mathematical $78,597
Architecture & Engineering $69,782
Life, Physical, & Social Science $48,390
Community & Social Service $42,302
Legal $72,908
Education, Training, & Library $49,262
Arts, Design, Entertainment, Sports, & Media $37,300
Healthcare Practitioners & Technical $60,619
Healthcare Support $29,018
Protective Service $43,327
Food Preparation & Serving Related $20,326
Building & Grounds Cleaning & Maintenance $23,893
Personal Care & Service $24,262
Sales & Related $24,662
Office & Administrative Support $31,427
Farming, Fishing, & Forestry $0
Construction & Extraction $43,481
Installation, Maintenance, & Repair $41,923
Production $30,894
Transportation & Material Moving $29,120