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 $11.21 $22.80 $29.39 $38.38 $17.69 $22.32 $24.98 $28.40 $13.01 $8.83 $13.01 $16.10 $19.64
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 $8.05 $8.05 $8.05 $8.05 $8.05 $8.05 $8.05 $8.05 $8.05 $8.05 $8.05 $8.05

*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 $3,560 $5,390 $8,023 $10,601 $6,527 $8,260 $10,608 $12,889 $6,527 $8,260 $10,608 $12,889
Child Care $0 $6,554 $12,862 $19,170 $0 $0 $0 $0 $0 $6,554 $12,862 $19,170
Medical $1,995 $6,807 $6,521 $6,681 $5,254 $6,521 $6,681 $6,539 $5,254 $6,521 $6,681 $6,539
Housing $7,920 $10,056 $10,056 $14,652 $7,968 $10,056 $10,056 $14,652 $7,920 $10,056 $10,056 $14,652
Transportation $3,768 $7,155 $9,346 $10,196 $7,155 $9,346 $10,196 $10,231 $7,155 $9,346 $10,196 $10,231
Other $2,799 $4,565 $5,497 $6,845 $4,565 $5,497 $6,845 $6,235 $4,565 $5,497 $6,845 $6,235
Required annual income after taxes $20,042 $40,527 $52,305 $68,145 $31,470 $39,680 $44,386 $50,546 $31,422 $46,234 $57,248 $69,716
Annual taxes $3,277 $6,900 $8,833 $11,688 $5,325 $6,753 $7,569 $8,524 $5,318 $7,889 $9,722 $11,971
Required annual income before taxes $23,320 $47,426 $61,137 $79,833 $36,794 $46,432 $51,955 $59,069 $54,123 $36,739 $54,123 $66,970 $81,686

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $74,600
Business & Financial Operations $53,010
Computer & Mathematical $55,450
Architecture & Engineering $63,590
Life, Physical, & Social Science $49,660
Community & Social Service $43,500
Legal $83,120
Education, Training, & Library $39,180
Arts, Design, Entertainment, Sports, & Media $34,980
Healthcare Practitioners & Technical $66,200
Healthcare Support $29,460
Protective Service $49,450
Food Preparation & Serving Related $19,290
Building & Grounds Cleaning & Maintenance $23,020
Personal Care & Service $21,570
Sales & Related $22,540
Office & Administrative Support $30,040
Farming, Fishing, & Forestry $25,410
Construction & Extraction $38,580
Installation, Maintenance, & Repair $37,150
Production $31,370
Transportation & Material Moving $29,340