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 $11.02 $22.03 $25.52 $31.45 $17.72 $20.93 $23.37 $26.09 $23.64 $8.62 $12.10 $14.03 $16.11
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 $7.25 $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 $2,994 $4,413 $6,644 $8,812 $5,489 $6,832 $8,822 $10,741 $5,489 $6,832 $8,822 $10,741
Child Care $0 $5,975 $8,575 $11,176 $0 $0 $0 $0 $0 $5,975 $8,575 $11,176
Medical $2,208 $6,821 $6,478 $6,560 $5,371 $6,478 $6,560 $6,279 $5,371 $6,478 $6,560 $6,279
Housing $7,476 $9,885 $9,885 $13,467 $8,374 $9,885 $9,885 $13,467 $7,476 $9,885 $9,885 $13,467
Transportation $4,623 $8,424 $9,905 $11,459 $8,424 $9,905 $11,459 $11,329 $8,424 $9,905 $11,459 $11,329
Other $2,824 $4,697 $5,099 $5,935 $4,697 $5,099 $5,935 $5,808 $4,697 $5,099 $5,935 $5,808
Required annual income after taxes $20,124 $40,214 $46,586 $57,409 $32,354 $38,199 $42,661 $47,624 $31,456 $44,174 $51,236 $58,800
Annual taxes $2,807 $5,610 $6,499 $8,009 $4,513 $5,329 $5,951 $6,644 $4,388 $6,162 $7,147 $8,203
Required annual income before taxes $22,931 $45,824 $53,084 $65,418 $36,868 $43,527 $48,613 $54,268 $49,165 $35,844 $50,336 $58,384 $67,003

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $87,029
Business & Financial Operations $61,394
Computer & Mathematical $69,047
Architecture & Engineering $70,025
Life, Physical, & Social Science $61,929
Community & Social Service $43,566
Legal $77,411
Education, Training, & Library $51,302
Arts, Design, Entertainment, Sports, & Media $39,822
Healthcare Practitioners & Technical $61,929
Healthcare Support $28,434
Protective Service $33,228
Food Preparation & Serving Related $19,710
Building & Grounds Cleaning & Maintenance $24,525
Personal Care & Service $20,451
Sales & Related $26,315
Office & Administrative Support $33,505
Farming, Fishing, & Forestry $29,493
Construction & Extraction $37,836
Installation, Maintenance, & Repair $43,278
Production $31,510
Transportation & Material Moving $30,882