Living Wage Calculation for Taylor County, Kentucky

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 $15.06 $31.88 $41.96 $55.42 $24.30 $30.04 $35.02 $38.48 $12.15 $17.92 $23.29 $27.92
Poverty Wage $6.53 $8.80 $11.07 $13.34 $8.80 $11.07 $13.34 $15.61 $4.40 $5.54 $6.67 $7.81
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 $3,926 $5,795 $8,707 $11,540 $7,198 $8,966 $11,564 $14,071 $7,198 $8,966 $11,564 $14,071
Child Care $0 $9,655 $19,310 $28,965 $0 $0 $0 $0 $0 $9,655 $19,310 $28,965
Medical $3,143 $8,148 $8,158 $8,083 $6,131 $8,158 $8,083 $8,236 $6,131 $8,158 $8,083 $8,236
Housing $6,652 $8,303 $8,303 $11,136 $6,702 $8,303 $8,303 $11,136 $6,702 $8,303 $8,303 $11,136
Transportation $5,477 $9,851 $12,045 $14,484 $9,851 $12,045 $14,484 $15,530 $9,851 $12,045 $14,484 $15,530
Civic $3,074 $6,107 $6,821 $9,300 $6,107 $6,821 $9,300 $7,395 $6,107 $6,821 $9,300 $7,395
Other $4,253 $7,420 $8,755 $9,610 $7,420 $8,755 $9,610 $10,749 $7,420 $8,755 $9,610 $10,749
Required annual income after taxes $26,657 $55,409 $72,230 $93,249 $43,539 $53,180 $61,474 $67,249 $43,539 $62,835 $80,784 $96,214
Annual taxes $4,673 $10,899 $15,045 $22,021 $6,994 $9,312 $11,357 $12,780 $6,994 $11,692 $16,117 $19,920
Required annual income before taxes $31,329 $66,308 $87,275 $115,271 $50,534 $62,492 $72,831 $80,029 $50,534 $74,527 $96,901 $116,134

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $87,828
Business & Financial Operations $68,545
Computer & Mathematical $74,774
Architecture & Engineering $80,551
Life, Physical, & Social Science $65,513
Community & Social Service $46,670
Legal $69,129
Education, Training, & Library $53,771
Arts, Design, Entertainment, Sports, & Media $47,530
Healthcare Practitioners & Technical $66,913
Healthcare Support $32,569
Protective Service $36,792
Food Preparation & Serving Related $24,818
Building & Grounds Cleaning & Maintenance $31,257
Personal Care & Service $26,825
Sales & Related $31,521
Office & Administrative Support $40,529
Farming, Fishing, & Forestry $32,392
Construction & Extraction $51,268
Installation, Maintenance, & Repair $52,040
Production $41,378
Transportation & Material Moving $39,757