Living Wage Calculation for Memphis, TN

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 $10.75 $21.90 $24.86 $31.17 $17.61 $20.30 $23.14 $25.70 $15.33 $8.56 $11.77 $13.91 $15.89
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 $2,986 $4,394 $6,613 $8,777 $5,474 $6,807 $8,786 $10,702 $5,474 $6,807 $8,786 $10,702
Child Care $0 $5,938 $8,522 $11,107 $0 $0 $0 $0 $0 $5,938 $8,522 $11,107
Medical $2,237 $6,684 $6,403 $6,461 $5,239 $6,403 $6,461 $6,131 $5,239 $6,403 $6,461 $6,131
Housing $7,504 $9,910 $9,910 $13,471 $8,389 $9,910 $9,910 $13,471 $7,504 $9,910 $9,910 $13,471
Transportation $4,236 $8,754 $9,189 $11,032 $8,754 $9,189 $11,032 $10,989 $8,754 $9,189 $11,032 $10,989
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 $19,618 $39,974 $45,374 $56,906 $32,150 $37,046 $42,247 $46,912 $31,265 $42,984 $50,769 $58,019
Annual taxes $2,737 $5,576 $6,330 $7,938 $4,485 $5,168 $5,894 $6,544 $4,361 $5,996 $7,082 $8,094
Required annual income before taxes $22,355 $45,551 $51,704 $64,844 $36,635 $42,214 $48,141 $53,456 $47,816 $35,626 $48,980 $57,852 $66,113

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $83,261
Business & Financial Operations $59,481
Computer & Mathematical $68,081
Architecture & Engineering $68,603
Life, Physical, & Social Science $59,501
Community & Social Service $41,174
Legal $69,874
Education, Training, & Library $49,077
Arts, Design, Entertainment, Sports, & Media $40,211
Healthcare Practitioners & Technical $60,598
Healthcare Support $27,142
Protective Service $32,175
Food Preparation & Serving Related $19,209
Building & Grounds Cleaning & Maintenance $22,981
Personal Care & Service $20,029
Sales & Related $26,158
Office & Administrative Support $32,995
Farming, Fishing, & Forestry $26,394
Construction & Extraction $37,597
Installation, Maintenance, & Repair $42,076
Production $31,252
Transportation & Material Moving $29,828