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 $10.68 $22.10 $26.91 $33.98 $17.07 $20.75 $23.34 $25.91 $23.79 $8.41 $12.20 $14.80 $17.39
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 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75 $7.75

*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 $3,058 $4,508 $6,786 $9,001 $5,607 $6,979 $9,012 $10,972 $5,607 $6,979 $9,012 $10,972
Child Care $0 $6,463 $11,097 $15,731 $0 $0 $0 $0 $0 $6,463 $11,097 $15,731
Medical $2,268 $6,293 $5,949 $6,031 $4,730 $5,949 $6,031 $5,751 $4,730 $5,949 $6,031 $5,751
Housing $5,928 $8,364 $8,364 $11,508 $6,384 $8,364 $8,364 $11,508 $5,928 $8,364 $8,364 $11,508
Transportation $4,866 $8,867 $10,426 $12,063 $8,867 $10,426 $12,063 $11,925 $8,867 $10,426 $12,063 $11,925
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 $18,906 $39,127 $47,653 $60,189 $30,221 $36,748 $41,324 $45,885 $29,765 $43,211 $52,421 $61,616
Annual taxes $3,305 $6,832 $8,311 $10,482 $5,288 $6,419 $7,213 $8,000 $5,225 $7,541 $9,138 $10,730
Required annual income before taxes $22,211 $45,959 $55,964 $70,671 $35,509 $43,167 $48,537 $53,886 $49,485 $34,989 $50,752 $61,560 $72,346

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $86,618
Business & Financial Operations $58,812
Computer & Mathematical $76,259
Architecture & Engineering $82,369
Life, Physical, & Social Science $67,011
Community & Social Service $39,924
Legal $0
Education, Training, & Library $0
Arts, Design, Entertainment, Sports, & Media $29,360
Healthcare Practitioners & Technical $58,925
Healthcare Support $25,070
Protective Service $55,047
Food Preparation & Serving Related $19,463
Building & Grounds Cleaning & Maintenance $23,475
Personal Care & Service $22,693
Sales & Related $21,706
Office & Administrative Support $30,975
Farming, Fishing, & Forestry $0
Construction & Extraction $69,675
Installation, Maintenance, & Repair $58,668
Production $41,663
Transportation & Material Moving $32,405