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 $11.78 $24.13 $29.81 $38.59 $18.13 $22.66 $25.36 $28.96 $25.93 $9.05 $13.29 $16.32 $19.80
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 $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 $3,573 $5,267 $7,929 $10,517 $6,551 $8,154 $10,529 $12,820 $6,551 $8,154 $10,529 $12,820
Child Care $0 $6,904 $12,809 $18,714 $0 $0 $0 $0 $0 $6,904 $12,809 $18,714
Medical $2,262 $7,455 $7,112 $7,194 $5,156 $7,112 $7,194 $6,913 $5,156 $7,112 $7,194 $6,913
Housing $7,980 $10,692 $10,692 $15,252 $8,040 $10,692 $10,692 $15,252 $7,980 $10,692 $10,692 $15,252
Transportation $4,206 $7,664 $9,011 $10,425 $7,664 $9,011 $10,425 $10,307 $7,664 $9,011 $10,425 $10,307
Other $2,976 $4,951 $5,375 $6,256 $4,951 $5,375 $6,256 $6,121 $4,951 $5,375 $6,256 $6,121
Required annual income after taxes $20,997 $42,932 $52,928 $68,358 $32,361 $40,344 $45,096 $51,414 $32,301 $47,248 $57,905 $70,128
Annual taxes $3,500 $7,254 $9,072 $11,903 $5,343 $6,783 $7,648 $8,820 $5,335 $8,039 $9,978 $12,224
Required annual income before taxes $24,497 $50,186 $62,000 $80,261 $37,704 $47,127 $52,744 $60,234 $53,933 $37,636 $55,286 $67,883 $82,352

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $70,930
Business & Financial Operations $54,985
Computer & Mathematical $59,480
Architecture & Engineering $64,840
Life, Physical, & Social Science $48,638
Community & Social Service $40,645
Legal $74,212
Education, Training, & Library $40,871
Arts, Design, Entertainment, Sports, & Media $33,454
Healthcare Practitioners & Technical $67,700
Healthcare Support $30,131
Protective Service $52,526
Food Preparation & Serving Related $22,488
Building & Grounds Cleaning & Maintenance $25,759
Personal Care & Service $24,432
Sales & Related $25,049
Office & Administrative Support $32,322
Farming, Fishing, & Forestry $26,849
Construction & Extraction $39,822
Installation, Maintenance, & Repair $39,647
Production $36,355
Transportation & Material Moving $32,302