Living Wage Calculation for Carroll County, Iowa

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 $10.65 $22.56 $26.25 $31.69 $17.07 $20.85 $23.51 $25.53 $8.53 $12.47 $14.52 $16.26
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
Minimum Wage $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25

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 $3,058 $4,508 $6,786 $9,001 $5,607 $6,979 $9,012 $10,972 $5,607 $6,979 $9,012 $10,972
Child Care $0 $7,028 $9,485 $11,942 $0 $0 $0 $0 $0 $7,028 $9,485 $11,942
Medical $2,237 $6,427 $6,084 $6,166 $4,828 $6,084 $6,166 $5,885 $4,828 $6,084 $6,166 $5,885
Housing $5,820 $7,800 $7,800 $9,780 $5,868 $7,800 $7,800 $9,780 $5,868 $7,800 $7,800 $9,780
Transportation $4,866 $8,867 $10,426 $12,063 $8,867 $10,426 $12,063 $11,925 $8,867 $10,426 $12,063 $11,925
Other $2,785 $4,633 $5,030 $5,855 $4,633 $5,030 $5,855 $5,729 $4,633 $5,030 $5,855 $5,729
Required annual income after taxes $18,767 $39,263 $45,612 $54,807 $29,803 $36,319 $40,895 $44,292 $29,803 $43,347 $50,380 $56,234
Annual taxes $3,390 $7,663 $8,998 $11,100 $5,694 $7,052 $8,002 $8,801 $5,694 $8,510 $10,041 $11,413
Required annual income before taxes $22,157 $46,926 $54,610 $65,907 $35,496 $43,371 $48,896 $53,093 $35,496 $51,857 $60,421 $67,647

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $86,227
Business & Financial Operations $61,425
Computer & Mathematical $76,125
Architecture & Engineering $68,708
Life, Physical, & Social Science $56,991
Community & Social Service $40,758
Legal $60,941
Education, Training, & Library $45,078
Arts, Design, Entertainment, Sports, & Media $35,820
Healthcare Practitioners & Technical $57,732
Healthcare Support $30,172
Protective Service $41,694
Food Preparation & Serving Related $20,410
Building & Grounds Cleaning & Maintenance $26,057
Personal Care & Service $23,815
Sales & Related $25,708
Office & Administrative Support $35,182
Farming, Fishing, & Forestry $32,795
Construction & Extraction $44,111
Installation, Maintenance, & Repair $45,027
Production $35,635
Transportation & Material Moving $35,223