Living Wage Calculation for Kokomo, IN

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 $9.86 $20.54 $25.26 $31.17 $16.30 $20.43 $22.89 $25.21 $11.81 $8.00 $11.81 $13.92 $15.95
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 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25

*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 $3,047 $4,613 $6,867 $9,073 $5,587 $7,069 $9,079 $11,031 $5,587 $7,069 $9,079 $11,031
Child Care $0 $5,673 $8,789 $11,906 $0 $0 $0 $0 $0 $5,673 $8,789 $11,906
Medical $2,174 $5,891 $5,604 $5,765 $5,089 $5,604 $5,765 $5,623 $5,089 $5,604 $5,765 $5,623
Housing $5,496 $8,076 $8,076 $10,908 $6,036 $8,076 $8,076 $10,908 $5,496 $8,076 $8,076 $10,908
Transportation $4,235 $8,042 $10,504 $11,460 $8,042 $10,504 $11,460 $11,498 $8,042 $10,504 $11,460 $11,498
Other $2,560 $4,175 $5,027 $6,260 $4,175 $5,027 $6,260 $5,702 $4,175 $5,027 $6,260 $5,702
Required annual income after taxes $17,512 $36,469 $44,867 $55,371 $28,928 $36,281 $40,640 $44,762 $28,388 $41,954 $49,429 $56,668
Annual taxes $3,006 $6,251 $7,682 $9,473 $4,969 $6,219 $6,961 $7,665 $4,895 $7,185 $8,459 $9,694
Required annual income before taxes $20,518 $42,720 $52,549 $64,844 $33,897 $42,500 $47,601 $52,427 $49,140 $33,283 $49,140 $57,888 $66,362

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $82,980
Business & Financial Operations $53,570
Computer & Mathematical $76,940
Architecture & Engineering $73,870
Life, Physical, & Social Science $38,920
Community & Social Service $40,060
Legal $40,170
Education, Training, & Library $42,040
Arts, Design, Entertainment, Sports, & Media $26,700
Healthcare Practitioners & Technical $54,340
Healthcare Support $24,390
Protective Service $45,620
Food Preparation & Serving Related $18,370
Building & Grounds Cleaning & Maintenance $22,430
Personal Care & Service $20,000
Sales & Related $21,840
Office & Administrative Support $28,880
Farming, Fishing, & Forestry $0
Construction & Extraction $0
Installation, Maintenance, & Repair $53,180
Production $0
Transportation & Material Moving $27,830