Living Wage Calculation for Fairbanks North Star Borough, Alaska

The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children. In the case of households with two working adults, all values are per working adult, single or in a family unless otherwise noted.

The state minimum wage is the same for all individuals, regardless of how many dependents they may have. Data are updated annually, in the first quarter of the new year. State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year (National Conference of State Legislatures, 2019). The poverty rate reflects a person's 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.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $12.62 $27.85 $33.72 $43.64 $20.22 $24.94 $27.48 $32.95 $10.11 $15.28 $18.19 $22.57
Poverty Wage $7.50 $10.16 $12.82 $15.48 $10.16 $12.82 $15.48 $18.13 $5.08 $6.41 $7.74 $9.07
Minimum Wage $9.89 $9.89 $9.89 $9.89 $9.89 $9.89 $9.89 $9.89 $9.89 $9.89 $9.89 $9.89

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.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $3,592 $5,306 $7,976 $10,578 $6,586 $8,208 $10,589 $12,893 $6,586 $8,208 $10,589 $12,893
Child Care $0 $10,250 $16,253 $22,255 $0 $0 $0 $0 $0 $10,250 $16,253 $22,255
Medical $2,162 $6,475 $6,186 $6,307 $5,481 $6,186 $6,307 $6,208 $5,481 $6,186 $6,307 $6,208
Housing $10,452 $16,272 $16,272 $23,532 $12,300 $16,272 $16,272 $23,532 $12,300 $16,272 $16,272 $23,532
Transportation $4,094 $7,982 $10,126 $11,032 $7,982 $10,126 $11,032 $11,564 $7,982 $10,126 $11,032 $11,564
Other $2,734 $4,558 $4,732 $5,953 $4,558 $4,732 $5,953 $5,955 $4,558 $4,732 $5,953 $5,955
Required annual income after taxes $23,035 $50,842 $61,545 $79,656 $36,907 $45,525 $50,152 $60,153 $36,907 $55,775 $66,405 $82,408
Annual taxes $3,213 $7,093 $8,586 $11,112 $5,149 $6,351 $6,996 $8,391 $5,149 $7,781 $9,264 $11,496
Required annual income before taxes $26,248 $57,935 $70,131 $90,768 $42,056 $51,876 $57,149 $68,544 $42,056 $63,556 $75,669 $93,903

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $98,904
Business & Financial Operations $73,797
Computer & Mathematical $78,269
Architecture & Engineering $96,007
Life, Physical, & Social Science $71,947
Community & Social Service $50,296
Legal $84,104
Education, Training, & Library $59,342
Arts, Design, Entertainment, Sports, & Media $48,070
Healthcare Practitioners & Technical $85,181
Healthcare Support $41,483
Protective Service $58,285
Food Preparation & Serving Related $25,748
Building & Grounds Cleaning & Maintenance $32,538
Personal Care & Service $31,592
Sales & Related $30,464
Office & Administrative Support $42,723
Farming, Fishing, & Forestry $42,408
Construction & Extraction $64,872
Installation, Maintenance, & Repair $60,898
Production $39,490
Transportation & Material Moving $48,375