Living Wage Calculation for Prescott, AZ

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 $11.61 $24.09 $29.18 $38.57 $18.21 $22.17 $25.28 $28.83 $16.94 $9.09 $13.03 $16.22 $19.70
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 $10.50 $10.50 $10.50 $10.50 $10.50 $10.50 $10.50 $10.50 $10.50 $10.50 $10.50 $10.50

*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 $3,564 $5,245 $7,893 $10,476 $6,533 $8,124 $10,487 $12,773 $6,533 $8,124 $10,487 $12,773
Child Care $0 $6,861 $12,730 $18,598 $0 $0 $0 $0 $0 $6,861 $12,730 $18,598
Medical $2,291 $7,315 $7,035 $7,092 $5,025 $7,035 $7,092 $6,762 $5,025 $7,035 $7,092 $6,762
Housing $8,196 $10,812 $10,812 $15,744 $8,256 $10,812 $10,812 $15,744 $8,196 $10,812 $10,812 $15,744
Transportation $3,860 $7,975 $8,373 $10,051 $7,975 $8,373 $10,051 $10,013 $7,975 $8,373 $10,051 $10,013
Other $2,803 $4,533 $4,999 $6,395 $4,533 $4,999 $6,395 $5,932 $4,533 $4,999 $6,395 $5,932
Required annual income after taxes $20,714 $42,742 $51,841 $68,356 $32,322 $39,343 $44,837 $51,223 $32,262 $46,204 $57,567 $69,821
Annual taxes $3,437 $7,372 $8,862 $11,871 $5,547 $6,771 $7,738 $8,739 $5,539 $7,980 $9,906 $12,137
Required annual income before taxes $24,150 $50,114 $60,704 $80,227 $37,869 $46,114 $52,575 $59,962 $52,839 $37,801 $54,184 $67,473 $81,958

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $73,113
Business & Financial Operations $55,330
Computer & Mathematical $58,692
Architecture & Engineering $65,262
Life, Physical, & Social Science $50,297
Community & Social Service $42,189
Legal $66,441
Education, Training, & Library $40,498
Arts, Design, Entertainment, Sports, & Media $37,290
Healthcare Practitioners & Technical $69,229
Healthcare Support $31,447
Protective Service $52,142
Food Preparation & Serving Related $20,141
Building & Grounds Cleaning & Maintenance $24,651
Personal Care & Service $22,806
Sales & Related $24,600
Office & Administrative Support $31,334
Farming, Fishing, & Forestry $23,063
Construction & Extraction $37,935
Installation, Maintenance, & Repair $37,874
Production $33,938
Transportation & Material Moving $31,232