Living Wage Calculation for Hardin 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 $15.72 $31.59 $40.11 $52.96 $24.86 $30.64 $37.03 $40.04 $12.43 $17.58 $23.10 $26.91
Poverty Wage $6.19 $8.38 $10.56 $12.74 $8.38 $10.56 $12.74 $14.92 $4.19 $5.28 $6.37 $7.46
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 $3,423 $5,044 $7,577 $10,050 $6,275 $7,809 $10,068 $12,257 $6,275 $7,809 $10,068 $12,257
Child Care $0 $7,403 $14,806 $22,210 $0 $0 $0 $0 $0 $7,403 $14,806 $22,210
Medical $2,766 $8,373 $8,160 $8,470 $5,769 $8,160 $8,470 $8,259 $5,769 $8,160 $8,470 $8,259
Housing $6,739 $9,284 $9,284 $12,776 $7,050 $9,284 $9,284 $12,776 $7,050 $9,284 $9,284 $12,776
Transportation $5,305 $9,414 $12,239 $14,456 $9,414 $12,239 $14,456 $15,700 $9,414 $12,239 $14,456 $15,700
Civic $2,894 $4,646 $5,741 $7,496 $4,646 $5,741 $7,496 $5,959 $4,646 $5,741 $7,496 $5,959
Other $4,939 $7,366 $6,739 $9,804 $7,366 $6,739 $9,804 $9,484 $7,366 $6,739 $9,804 $9,484
Required annual income after taxes $26,190 $51,653 $64,668 $85,386 $40,644 $50,094 $59,701 $64,557 $40,644 $57,497 $74,507 $86,767
Annual taxes $6,511 $14,055 $18,753 $24,761 $11,059 $13,631 $17,313 $18,721 $11,059 $15,645 $21,606 $25,161
Required annual income before taxes $32,700 $65,708 $83,421 $110,147 $51,703 $63,725 $77,014 $83,278 $51,703 $73,142 $96,114 $111,928

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $96,493
Business & Financial Operations $68,726
Computer & Mathematical $85,033
Architecture & Engineering $78,399
Life, Physical, & Social Science $62,991
Community & Social Service $47,743
Legal $68,234
Education, Training, & Library $48,621
Arts, Design, Entertainment, Sports, & Media $42,393
Healthcare Practitioners & Technical $64,510
Healthcare Support $32,699
Protective Service $49,851
Food Preparation & Serving Related $24,717
Building & Grounds Cleaning & Maintenance $31,148
Personal Care & Service $26,033
Sales & Related $30,078
Office & Administrative Support $40,756
Farming, Fishing, & Forestry $38,531
Construction & Extraction $50,739
Installation, Maintenance, & Repair $51,531
Production $41,206
Transportation & Material Moving $39,440