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 $10.48 $22.16 $26.39 $33.87 $17.04 $20.28 $23.28 $25.68 $15.53 $8.37 $11.95 $14.75 $17.25
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 $3,050 $4,489 $6,755 $8,966 $5,592 $6,953 $8,975 $10,932 $5,592 $6,953 $8,975 $10,932
Child Care $0 $6,424 $11,029 $15,634 $0 $0 $0 $0 $0 $6,424 $11,029 $15,634
Medical $2,297 $6,157 $5,876 $5,934 $4,600 $5,876 $5,934 $5,604 $4,600 $5,876 $5,934 $5,604
Housing $6,180 $8,940 $8,940 $12,084 $6,732 $8,940 $8,940 $12,084 $6,180 $8,940 $8,940 $12,084
Transportation $4,173 $8,624 $9,053 $10,868 $8,624 $9,053 $10,868 $10,827 $8,624 $9,053 $10,868 $10,827
Other $2,877 $4,652 $5,131 $6,563 $4,652 $5,131 $6,563 $6,088 $4,652 $5,131 $6,563 $6,088
Required annual income after taxes $18,578 $39,286 $46,785 $60,049 $30,200 $35,954 $41,281 $45,534 $29,648 $42,378 $52,310 $61,168
Annual taxes $3,218 $6,807 $8,104 $10,391 $5,244 $6,228 $7,149 $7,876 $5,167 $7,341 $9,059 $10,583
Required annual income before taxes $21,796 $46,093 $54,889 $70,440 $35,444 $42,182 $48,430 $53,411 $48,459 $34,815 $49,719 $61,369 $71,751

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $83,435
Business & Financial Operations $56,970
Computer & Mathematical $75,030
Architecture & Engineering $80,791
Life, Physical, & Social Science $52,747
Community & Social Service $39,083
Legal $44,362
Education, Training, & Library $42,517
Arts, Design, Entertainment, Sports, & Media $25,133
Healthcare Practitioners & Technical $59,460
Healthcare Support $24,826
Protective Service $49,231
Food Preparation & Serving Related $19,373
Building & Grounds Cleaning & Maintenance $23,637
Personal Care & Service $21,095
Sales & Related $23,288
Office & Administrative Support $30,432
Farming, Fishing, & Forestry $0
Construction & Extraction $0
Installation, Maintenance, & Repair $60,731
Production $0
Transportation & Material Moving $31,857