Living Wage Calculation for Valdez-Cordova Census Area, 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 $15.86 $32.32 $40.80 $53.52 $26.09 $30.41 $35.73 $38.73 $13.04 $17.84 $23.14 $27.27
Poverty Wage $7.74 $10.47 $13.20 $15.93 $10.47 $13.20 $15.93 $18.66 $5.23 $6.60 $7.96 $9.33
Minimum Wage $10.34 $10.34 $10.34 $10.34 $10.34 $10.34 $10.34 $10.34 $10.34 $10.34 $10.34 $10.34

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 $3,999 $5,893 $8,853 $11,742 $7,332 $9,124 $11,764 $14,321 $7,332 $9,124 $11,764 $14,321
Child Care $0 $9,438 $18,876 $28,314 $0 $0 $0 $0 $0 $9,438 $18,876 $28,314
Medical $2,382 $7,849 $7,635 $7,945 $6,487 $7,635 $7,945 $7,734 $6,487 $7,635 $7,945 $7,734
Housing $9,608 $14,555 $14,555 $18,100 $12,763 $14,555 $14,555 $18,100 $12,763 $14,555 $14,555 $18,100
Transportation $4,938 $8,762 $11,391 $13,456 $8,762 $11,391 $13,456 $14,613 $8,762 $11,391 $13,456 $14,613
Civic $2,581 $4,144 $5,120 $6,686 $4,144 $5,120 $6,686 $5,314 $4,144 $5,120 $6,686 $5,314
Other $4,748 $7,080 $6,477 $9,424 $7,080 $6,477 $9,424 $9,115 $7,080 $6,477 $9,424 $9,115
Required annual income after taxes $28,379 $57,844 $73,031 $95,789 $46,692 $54,426 $63,952 $69,320 $46,692 $63,864 $82,828 $97,634
Annual taxes $4,601 $9,377 $11,839 $15,529 $7,569 $8,823 $10,368 $11,238 $7,569 $10,353 $13,428 $15,828
Required annual income before taxes $32,980 $67,222 $84,870 $111,318 $54,262 $63,250 $74,319 $80,558 $54,262 $74,218 $96,255 $113,462

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $105,331
Business & Financial Operations $78,998
Computer & Mathematical $87,526
Architecture & Engineering $99,745
Life, Physical, & Social Science $79,159
Community & Social Service $57,395
Legal $89,249
Education, Training, & Library $62,905
Arts, Design, Entertainment, Sports, & Media $51,435
Healthcare Practitioners & Technical $95,305
Healthcare Support $41,495
Protective Service $60,380
Food Preparation & Serving Related $28,516
Building & Grounds Cleaning & Maintenance $37,739
Personal Care & Service $32,464
Sales & Related $34,294
Office & Administrative Support $47,583
Farming, Fishing, & Forestry $48,824
Construction & Extraction $68,116
Installation, Maintenance, & Repair $66,094
Production $47,401
Transportation & Material Moving $49,113