Living Wage Calculation for Ocean City, NJ

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 $11.75 $26.42 $31.09 $40.15 $19.47 $23.27 $26.29 $30.13 $18.34 $9.03 $14.17 $17.12 $20.49
Poverty Wage $5.80 $7.81 $9.82 $11.83 $7.81 $9.82 $11.83 $13.84 $3.90 $4.91 $5.91 $6.92
Minimum Wage $8.60 $8.60 $8.60 $8.60 $8.60 $8.60 $8.60 $8.60 $8.60 $8.60 $8.60 $8.60

*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 $3,467 $5,103 $7,680 $10,192 $6,357 $7,905 $10,203 $12,428 $6,357 $7,905 $10,203 $12,428
Child Care $0 $8,808 $13,832 $18,856 $0 $0 $0 $0 $0 $8,808 $13,832 $18,856
Medical $2,764 $7,807 $7,527 $7,584 $5,661 $7,527 $7,584 $7,254 $5,661 $7,527 $7,584 $7,254
Housing $8,628 $13,596 $13,596 $18,888 $11,196 $13,596 $13,596 $18,888 $8,628 $13,596 $13,596 $18,888
Transportation $3,609 $7,457 $7,828 $9,398 $7,457 $7,828 $9,398 $9,361 $7,457 $7,828 $9,398 $9,361
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 $21,124 $47,065 $55,198 $70,976 $34,965 $41,592 $46,839 $53,551 $32,397 $50,400 $60,671 $72,407
Annual taxes $3,310 $7,889 $9,479 $12,542 $5,523 $6,814 $7,839 $9,127 $5,164 $8,539 $10,548 $12,830
Required annual income before taxes $24,434 $54,955 $64,678 $83,518 $40,488 $48,406 $54,679 $62,678 $57,212 $37,561 $58,939 $71,219 $85,237

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $100,440
Business & Financial Operations $68,316
Computer & Mathematical $72,826
Architecture & Engineering $69,495
Life, Physical, & Social Science $63,007
Community & Social Service $58,343
Legal $70,018
Education, Training, & Library $56,836
Arts, Design, Entertainment, Sports, & Media $39,709
Healthcare Practitioners & Technical $66,512
Healthcare Support $29,981
Protective Service $38,345
Food Preparation & Serving Related $25,471
Building & Grounds Cleaning & Maintenance $27,132
Personal Care & Service $29,961
Sales & Related $25,523
Office & Administrative Support $33,774
Farming, Fishing, & Forestry $32,595
Construction & Extraction $44,588
Installation, Maintenance, & Repair $44,157
Production $35,937
Transportation & Material Moving $31,242