Living Wage Calculation for Iberia Parish, Louisiana

The living wage shown is the hourly rate that an individual in a household must earn to support themselves 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 $18.61 $30.74 $37.89 $48.87 $25.88 $31.16 $35.51 $37.19 $12.94 $17.51 $21.48 $24.27
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 $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

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 $3,875 $5,713 $8,569 $11,389 $7,105 $8,844 $11,390 $13,888 $7,105 $8,844 $11,390 $13,888
Child Care $0 $7,049 $13,574 $20,099 $0 $0 $0 $0 $0 $7,049 $13,574 $20,099
Medical $3,042 $8,537 $8,423 $8,895 $6,840 $8,423 $8,895 $8,482 $6,840 $8,423 $8,895 $8,482
Housing $8,263 $10,928 $10,928 $14,076 $8,323 $10,928 $10,928 $14,076 $8,323 $10,928 $10,928 $14,076
Transportation $10,507 $12,159 $15,317 $17,624 $12,159 $15,317 $17,624 $17,603 $12,159 $15,317 $17,624 $17,603
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 $1,427 $1,427 $1,427 $1,427 $2,006 $2,006 $2,006 $2,006 $2,006 $2,006 $2,006 $2,006
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 $33,181 $56,589 $70,440 $89,301 $47,210 $57,720 $66,634 $71,088 $47,210 $64,769 $80,208 $91,186
Annual taxes $5,531 $7,354 $8,373 $12,357 $6,622 $7,095 $7,219 $6,260 $6,622 $8,065 $9,156 $9,758
Required annual income before taxes $38,712 $63,943 $78,812 $101,658 $53,832 $64,815 $73,852 $77,348 $53,832 $72,834 $89,364 $100,944

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 $111,070
Business & Financial Operations $69,620
Computer & Mathematical $78,720
Architecture & Engineering $92,880
Life, Physical, & Social Science $73,870
Community & Social Service $47,230
Legal $94,530
Education, Training, & Library $51,980
Arts, Design, Entertainment, Sports, & Media $74,480
Healthcare Practitioners & Technical $80,170
Healthcare Support $27,490
Protective Service $41,810
Food Preparation & Serving Related $25,340
Building & Grounds Cleaning & Maintenance $27,800
Personal Care & Service $28,430
Sales & Related $37,860
Office & Administrative Support $38,720
Farming, Fishing, & Forestry $41,880
Construction & Extraction $50,350
Installation, Maintenance, & Repair $52,070
Production $51,900
Transportation & Material Moving $43,250