Living Wage Calculation for San Miguel 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 $15.78 $34.38 $43.38 $57.18 $25.40 $31.17 $34.92 $39.04 $12.70 $18.68 $23.65 $28.81
Poverty Wage $6.13 $8.29 $10.44 $12.60 $8.29 $10.44 $12.60 $14.75 $4.14 $5.22 $6.30 $7.38
Minimum Wage $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00

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 $3,792 $5,574 $8,343 $11,093 $6,952 $8,639 $11,106 $13,540 $6,952 $8,639 $11,106 $13,540
Child Care $0 $10,485 $20,970 $31,455 $0 $0 $0 $0 $0 $10,485 $20,970 $31,455
Medical $2,810 $8,448 $8,135 $8,275 $6,276 $8,135 $8,275 $7,929 $6,276 $8,135 $8,275 $7,929
Housing $10,608 $16,284 $16,284 $22,524 $12,360 $16,284 $16,284 $22,524 $12,360 $16,284 $16,284 $22,524
Transportation $4,900 $8,987 $11,186 $13,317 $8,987 $11,186 $13,317 $12,085 $8,987 $11,186 $13,317 $12,085
Civic $1,811 $3,889 $3,554 $4,127 $3,889 $3,554 $4,127 $3,982 $3,889 $3,554 $4,127 $3,982
Other $2,794 $4,553 $4,996 $6,037 $4,553 $4,996 $6,037 $6,055 $4,553 $4,996 $6,037 $6,055
Required annual income after taxes $26,716 $58,220 $73,469 $96,828 $43,017 $52,795 $59,146 $66,115 $43,017 $63,280 $80,116 $97,570
Annual taxes $6,097 $13,286 $16,766 $22,096 $9,816 $12,048 $13,497 $15,087 $9,816 $14,440 $18,283 $22,265
Required annual income before taxes $32,812 $71,505 $90,235 $118,924 $52,833 $64,843 $72,644 $81,202 $52,833 $77,720 $98,399 $119,835

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $122,449
Business & Financial Operations $74,867
Computer & Mathematical $97,067
Architecture & Engineering $87,726
Life, Physical, & Social Science $73,619
Community & Social Service $50,293
Legal $92,453
Education, Training, & Library $49,659
Arts, Design, Entertainment, Sports, & Media $50,129
Healthcare Practitioners & Technical $75,030
Healthcare Support $32,881
Protective Service $44,656
Food Preparation & Serving Related $25,760
Building & Grounds Cleaning & Maintenance $30,446
Personal Care & Service $29,269
Sales & Related $35,592
Office & Administrative Support $40,717
Farming, Fishing, & Forestry $30,026
Construction & Extraction $49,669
Installation, Maintenance, & Repair $50,518
Production $38,415
Transportation & Material Moving $36,543