Living Wage Calculation for Punta Gorda, FL

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 $10.97 $23.61 $27.03 $34.16 $17.87 $21.54 $24.39 $27.29 $16.41 $8.83 $12.63 $14.99 $17.38
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 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25

*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 $2,986 $4,394 $6,613 $8,777 $5,474 $6,807 $8,786 $10,702 $5,474 $6,807 $8,786 $10,702
Child Care $0 $6,778 $10,216 $13,654 $0 $0 $0 $0 $0 $6,778 $10,216 $13,654
Medical $2,583 $8,332 $8,051 $8,109 $6,161 $8,051 $8,109 $7,779 $6,161 $8,051 $8,109 $7,779
Housing $7,560 $10,536 $10,536 $14,724 $7,932 $10,536 $10,536 $14,724 $7,560 $10,536 $10,536 $14,724
Transportation $4,236 $8,754 $9,189 $11,032 $8,754 $9,189 $11,032 $10,989 $8,754 $9,189 $11,032 $10,989
Other $2,656 $4,294 $4,736 $6,059 $4,294 $4,736 $6,059 $5,620 $4,294 $4,736 $6,059 $5,620
Required annual income after taxes $20,021 $43,088 $49,342 $62,354 $32,615 $39,320 $44,522 $49,814 $32,243 $46,098 $54,738 $63,468
Annual taxes $2,793 $6,011 $6,883 $8,698 $4,550 $5,485 $6,211 $6,949 $4,498 $6,431 $7,636 $8,854
Required annual income before taxes $22,814 $49,099 $56,225 $71,052 $37,165 $44,805 $50,732 $56,763 $51,200 $36,741 $52,529 $62,373 $72,321

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $90,590
Business & Financial Operations $54,622
Computer & Mathematical $60,188
Architecture & Engineering $62,054
Life, Physical, & Social Science $38,233
Community & Social Service $40,836
Legal $93,931
Education, Training, & Library $49,979
Arts, Design, Entertainment, Sports, & Media $39,698
Healthcare Practitioners & Technical $58,917
Healthcare Support $27,737
Protective Service $42,281
Food Preparation & Serving Related $20,357
Building & Grounds Cleaning & Maintenance $23,534
Personal Care & Service $23,022
Sales & Related $24,047
Office & Administrative Support $30,053
Farming, Fishing, & Forestry $24,928
Construction & Extraction $35,076
Installation, Maintenance, & Repair $35,680
Production $28,218
Transportation & Material Moving $25,287