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 $11.97 $26.49 $31.63 $40.18 $19.52 $23.76 $26.36 $30.28 $28.01 $9.06 $14.43 $17.18 $20.59
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 $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 $3,477 $5,124 $7,715 $10,233 $6,374 $7,933 $10,245 $12,474 $6,374 $7,933 $10,245 $12,474
Child Care $0 $8,863 $13,918 $18,973 $0 $0 $0 $0 $0 $8,863 $13,918 $18,973
Medical $2,737 $7,949 $7,605 $7,688 $5,795 $7,605 $7,688 $7,407 $5,795 $7,605 $7,688 $7,407
Housing $8,628 $13,524 $13,524 $18,636 $11,160 $13,524 $13,524 $18,636 $8,628 $13,524 $13,524 $18,636
Transportation $3,893 $7,094 $8,341 $9,650 $7,094 $8,341 $9,650 $9,540 $7,094 $8,341 $9,650 $9,540
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 $21,520 $47,187 $56,134 $71,034 $35,055 $42,434 $46,961 $53,786 $32,523 $51,297 $60,879 $72,759
Annual taxes $3,371 $7,912 $9,654 $12,550 $5,539 $6,986 $7,868 $9,191 $5,186 $8,712 $10,578 $12,899
Required annual income before taxes $24,891 $55,099 $65,788 $83,584 $40,595 $49,420 $54,829 $62,977 $58,270 $37,710 $60,009 $71,457 $85,658

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $102,902
Business & Financial Operations $68,091
Computer & Mathematical $74,973
Architecture & Engineering $69,541
Life, Physical, & Social Science $61,497
Community & Social Service $56,579
Legal $69,243
Education, Training, & Library $58,020
Arts, Design, Entertainment, Sports, & Media $37,713
Healthcare Practitioners & Technical $70,560
Healthcare Support $31,520
Protective Service $45,315
Food Preparation & Serving Related $25,286
Building & Grounds Cleaning & Maintenance $27,539
Personal Care & Service $29,267
Sales & Related $25,728
Office & Administrative Support $33,670
Farming, Fishing, & Forestry $0
Construction & Extraction $47,311
Installation, Maintenance, & Repair $45,346
Production $37,569
Transportation & Material Moving $28,917