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 $11.34 $23.80 $27.76 $34.60 $18.06 $22.24 $24.68 $27.84 $25.33 $8.93 $12.99 $15.16 $17.68
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 $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 $2,994 $4,413 $6,644 $8,812 $5,489 $6,832 $8,822 $10,741 $5,489 $6,832 $8,822 $10,741
Child Care $0 $6,820 $10,280 $13,739 $0 $0 $0 $0 $0 $6,820 $10,280 $13,739
Medical $2,555 $8,476 $8,132 $8,214 $6,297 $8,132 $8,214 $7,933 $6,297 $8,132 $8,214 $7,933
Housing $7,704 $10,620 $10,620 $15,000 $8,052 $10,620 $10,620 $15,000 $7,704 $10,620 $10,620 $15,000
Transportation $4,623 $8,424 $9,905 $11,459 $8,424 $9,905 $11,459 $11,329 $8,424 $9,905 $11,459 $11,329
Other $2,824 $4,697 $5,099 $5,935 $4,697 $5,099 $5,935 $5,808 $4,697 $5,099 $5,935 $5,808
Required annual income after taxes $20,700 $43,448 $50,680 $63,159 $32,958 $40,588 $45,050 $50,811 $32,610 $47,408 $55,330 $64,550
Annual taxes $2,888 $6,061 $7,070 $8,811 $4,598 $5,662 $6,285 $7,088 $4,549 $6,613 $7,719 $9,005
Required annual income before taxes $23,587 $49,509 $57,750 $71,970 $37,555 $46,250 $51,335 $57,900 $52,684 $37,159 $54,021 $63,049 $73,555

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $80,518
Business & Financial Operations $54,080
Computer & Mathematical $62,299
Architecture & Engineering $59,377
Life, Physical, & Social Science $39,595
Community & Social Service $40,809
Legal $85,291
Education, Training, & Library $51,240
Arts, Design, Entertainment, Sports, & Media $39,832
Healthcare Practitioners & Technical $60,622
Healthcare Support $28,701
Protective Service $43,659
Food Preparation & Serving Related $21,654
Building & Grounds Cleaning & Maintenance $24,833
Personal Care & Service $22,621
Sales & Related $24,761
Office & Administrative Support $30,419
Farming, Fishing, & Forestry $30,080
Construction & Extraction $36,797
Installation, Maintenance, & Repair $35,347
Production $29,308
Transportation & Material Moving $27,096