Living Wage Calculation for Madison County, Florida

The living wage shown is the hourly rate that an individual in a household must earn to support themsleves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

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 $18.49 $32.28 $40.48 $51.27 $26.59 $31.93 $36.06 $37.65 $13.30 $18.24 $22.80 $25.52
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
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

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

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 $4,033 $5,945 $8,917 $11,853 $7,394 $9,204 $11,854 $14,453 $7,394 $9,204 $11,854 $14,453
Child Care $0 $8,400 $17,593 $24,271 $0 $0 $0 $0 $0 $8,400 $17,593 $24,271
Medical $3,258 $11,574 $11,460 $11,932 $8,210 $11,460 $11,932 $11,519 $8,210 $11,460 $11,932 $11,519
Housing $8,878 $10,916 $10,916 $13,944 $9,384 $10,916 $10,916 $13,944 $9,384 $10,916 $10,916 $13,944
Transportation $9,759 $11,294 $14,226 $16,369 $11,294 $14,226 $16,369 $16,350 $11,294 $14,226 $16,369 $16,350
Civic $2,165 $3,810 $4,795 $5,553 $3,810 $4,795 $5,553 $5,191 $3,810 $4,795 $5,553 $5,191
Internet & Mobile $1,709 $1,709 $1,709 $1,709 $2,288 $2,288 $2,288 $2,288 $2,288 $2,288 $2,288 $2,288
Other $3,903 $6,966 $7,407 $10,238 $6,966 $7,407 $10,238 $9,841 $6,966 $7,407 $10,238 $9,841
Required annual income after taxes $33,704 $60,615 $77,024 $95,868 $49,347 $60,297 $69,150 $73,587 $49,347 $68,697 $86,743 $97,857
Annual taxes $4,755 $6,522 $7,179 $10,766 $5,962 $6,113 $5,853 $4,725 $5,962 $7,164 $8,110 $8,294
Required annual income before taxes $38,460 $67,136 $84,203 $106,634 $55,308 $66,410 $75,003 $78,311 $55,308 $75,861 $94,853 $106,151

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $121,170
Business & Financial Operations $78,600
Computer & Mathematical $94,200
Architecture & Engineering $85,580
Life, Physical, & Social Science $69,110
Community & Social Service $50,170
Legal $104,810
Education, Training, & Library $55,820
Arts, Design, Entertainment, Sports, & Media $62,450
Healthcare Practitioners & Technical $89,800
Healthcare Support $35,790
Protective Service $51,580
Food Preparation & Serving Related $31,580
Building & Grounds Cleaning & Maintenance $32,400
Personal Care & Service $33,400
Sales & Related $47,130
Office & Administrative Support $42,600
Farming, Fishing, & Forestry $32,880
Construction & Extraction $48,090
Installation, Maintenance, & Repair $49,720
Production $41,230
Transportation & Material Moving $42,010