Living Wage Calculation for Garfield County, Colorado

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 $13.36 $27.41 $32.31 $40.43 $20.13 $24.93 $27.56 $32.26 $10.06 $15.11 $17.54 $21.00
Poverty Wage $6.00 $8.13 $10.25 $12.38 $8.13 $10.25 $12.38 $14.50 $4.06 $5.13 $6.19 $7.25
Minimum Wage $11.10 $11.10 $11.10 $11.10 $11.10 $11.10 $11.10 $11.10 $11.10 $11.10 $11.10 $11.10

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 $9,283 $13,180 $17,077 $0 $0 $0 $0 $0 $9,283 $13,180 $17,077
Medical $2,299 $6,944 $6,656 $6,776 $5,345 $6,656 $6,776 $6,678 $5,345 $6,656 $6,776 $6,678
Housing $10,704 $13,932 $13,932 $19,392 $10,764 $13,932 $13,932 $19,392 $10,764 $13,932 $13,932 $19,392
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 $23,424 $48,005 $56,602 $70,808 $35,235 $43,655 $48,282 $56,482 $35,235 $52,938 $61,462 $73,559
Annual taxes $4,358 $9,000 $10,597 $13,280 $6,626 $8,191 $9,051 $10,618 $6,626 $9,916 $11,500 $13,791
Required annual income before taxes $27,782 $57,005 $67,199 $84,088 $41,861 $51,846 $57,333 $67,101 $41,861 $62,854 $72,962 $87,350

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $118,725
Business & Financial Operations $72,170
Computer & Mathematical $95,275
Architecture & Engineering $83,758
Life, Physical, & Social Science $68,552
Community & Social Service $47,785
Legal $87,936
Education, Training, & Library $47,978
Arts, Design, Entertainment, Sports, & Media $47,073
Healthcare Practitioners & Technical $72,689
Healthcare Support $34,042
Protective Service $43,058
Food Preparation & Serving Related $24,081
Building & Grounds Cleaning & Maintenance $29,021
Personal Care & Service $25,981
Sales & Related $32,985
Office & Administrative Support $38,179
Farming, Fishing, & Forestry $29,061
Construction & Extraction $47,653
Installation, Maintenance, & Repair $49,086
Production $36,614
Transportation & Material Moving $35,597