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 $10.89 $24.11 $28.97 $36.36 $18.01 $22.64 $25.15 $28.90 $13.60 $8.33 $13.60 $15.81 $18.64
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 $8.38 $8.38 $8.38 $8.38 $8.38 $8.38 $8.38 $8.38 $8.38 $8.38 $8.38 $8.38

*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 $3,464 $5,244 $7,806 $10,314 $6,351 $8,037 $10,321 $12,541 $6,351 $8,037 $10,321 $12,541
Child Care $0 $7,942 $11,274 $14,605 $0 $0 $0 $0 $0 $7,942 $11,274 $14,605
Medical $2,460 $6,713 $6,427 $6,587 $5,228 $6,427 $6,587 $6,445 $5,228 $6,427 $6,587 $6,445
Housing $7,776 $12,612 $12,612 $17,568 $10,248 $12,612 $12,612 $17,568 $7,776 $12,612 $12,612 $17,568
Transportation $3,568 $6,775 $8,850 $9,655 $6,775 $8,850 $9,655 $9,687 $6,775 $8,850 $9,655 $9,687
Other $2,355 $3,841 $4,625 $5,760 $3,841 $4,625 $5,760 $5,246 $3,841 $4,625 $5,760 $5,246
Required annual income after taxes $19,623 $43,128 $51,594 $64,489 $32,443 $40,551 $44,935 $51,488 $29,971 $48,493 $56,209 $66,093
Annual taxes $3,037 $7,030 $8,661 $11,138 $5,026 $6,533 $7,378 $8,634 $4,686 $8,063 $9,550 $11,447
Required annual income before taxes $22,659 $50,157 $60,255 $75,628 $37,469 $47,084 $52,313 $60,122 $56,556 $34,657 $56,556 $65,759 $77,540

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $97,950
Business & Financial Operations $61,650
Computer & Mathematical $67,200
Architecture & Engineering $70,990
Life, Physical, & Social Science $67,270
Community & Social Service $45,440
Legal $68,600
Education, Training, & Library $55,580
Arts, Design, Entertainment, Sports, & Media $40,150
Healthcare Practitioners & Technical $66,520
Healthcare Support $30,180
Protective Service $30,480
Food Preparation & Serving Related $22,640
Building & Grounds Cleaning & Maintenance $24,690
Personal Care & Service $30,300
Sales & Related $24,030
Office & Administrative Support $31,770
Farming, Fishing, & Forestry $30,710
Construction & Extraction $41,560
Installation, Maintenance, & Repair $40,350
Production $29,480
Transportation & Material Moving $28,860