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 $11.17 $25.36 $34.92 $46.76 $17.94 $21.61 $24.23 $27.00 $26.74 $8.81 $13.87 $18.83 $23.88
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
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 $3,477 $5,124 $7,715 $10,233 $6,374 $7,933 $10,245 $12,474 $6,374 $7,933 $10,245 $12,474
Child Care $0 $10,602 $23,215 $35,828 $0 $0 $0 $0 $0 $10,602 $23,215 $35,828
Medical $2,338 $6,811 $6,468 $6,550 $5,469 $6,468 $6,550 $6,269 $5,469 $6,468 $6,550 $6,269
Housing $6,696 $9,372 $9,372 $12,348 $7,284 $9,372 $9,372 $12,348 $6,696 $9,372 $9,372 $12,348
Transportation $3,893 $7,094 $8,341 $9,650 $7,094 $8,341 $9,650 $9,540 $7,094 $8,341 $9,650 $9,540
Other $2,785 $4,633 $5,030 $5,855 $4,633 $5,030 $5,855 $5,729 $4,633 $5,030 $5,855 $5,729
Required annual income after taxes $19,189 $43,636 $60,141 $80,464 $30,853 $37,144 $41,671 $46,360 $30,265 $47,746 $64,886 $82,188
Annual taxes $4,046 $9,121 $12,488 $16,788 $6,467 $7,797 $8,721 $9,806 $6,385 $9,960 $13,456 $17,144
Required annual income before taxes $23,235 $52,758 $72,629 $97,252 $37,321 $44,942 $50,392 $56,166 $55,627 $36,651 $57,706 $78,343 $99,332

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $96,185
Business & Financial Operations $62,186
Computer & Mathematical $80,775
Architecture & Engineering $70,786
Life, Physical, & Social Science $46,374
Community & Social Service $42,249
Legal $70,765
Education, Training, & Library $50,294
Arts, Design, Entertainment, Sports, & Media $42,239
Healthcare Practitioners & Technical $60,643
Healthcare Support $29,030
Protective Service $45,233
Food Preparation & Serving Related $22,354
Building & Grounds Cleaning & Maintenance $24,957
Personal Care & Service $25,193
Sales & Related $25,039
Office & Administrative Support $33,330
Farming, Fishing, & Forestry $31,170
Construction & Extraction $47,588
Installation, Maintenance, & Repair $44,379
Production $31,499
Transportation & Material Moving $30,285