Living Wage Calculation for Forsyth County, North Carolina

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 $13.58 $29.02 $36.95 $47.91 $22.23 $26.55 $30.19 $32.26 $11.11 $15.91 $20.37 $24.04
Poverty Wage $6.13 $8.29 $10.44 $12.60 $8.29 $10.44 $12.60 $14.75 $4.14 $5.22 $6.30 $7.38
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 $3,177 $4,670 $6,990 $9,294 $5,825 $7,238 $9,305 $11,345 $5,825 $7,238 $9,305 $11,345
Child Care $0 $8,802 $17,605 $26,407 $0 $0 $0 $0 $0 $8,802 $17,605 $26,407
Medical $2,728 $7,860 $7,548 $7,688 $5,923 $7,548 $7,688 $7,341 $5,923 $7,548 $7,688 $7,341
Housing $6,960 $9,156 $9,156 $12,336 $7,404 $9,156 $9,156 $12,336 $7,404 $9,156 $9,156 $12,336
Transportation $5,113 $9,378 $11,672 $13,896 $9,378 $11,672 $13,896 $12,611 $9,378 $11,672 $13,896 $12,611
Civic $1,811 $3,889 $3,554 $4,127 $3,889 $3,554 $4,127 $3,982 $3,889 $3,554 $4,127 $3,982
Other $2,875 $4,687 $5,144 $6,216 $4,687 $5,144 $6,216 $6,235 $4,687 $5,144 $6,216 $6,235
Required annual income after taxes $22,665 $48,442 $61,670 $79,964 $37,105 $44,313 $50,389 $53,849 $37,105 $53,115 $67,994 $80,256
Annual taxes $5,578 $11,922 $15,177 $19,680 $9,132 $10,906 $12,401 $13,253 $9,132 $13,072 $16,734 $19,752
Required annual income before taxes $28,243 $60,364 $76,847 $99,644 $46,237 $55,219 $62,789 $67,102 $46,237 $66,187 $84,727 $100,008

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $109,088
Business & Financial Operations $68,923
Computer & Mathematical $87,992
Architecture & Engineering $75,839
Life, Physical, & Social Science $63,449
Community & Social Service $46,477
Legal $65,291
Education, Training, & Library $46,467
Arts, Design, Entertainment, Sports, & Media $47,030
Healthcare Practitioners & Technical $63,245
Healthcare Support $26,722
Protective Service $39,183
Food Preparation & Serving Related $20,983
Building & Grounds Cleaning & Maintenance $25,955
Personal Care & Service $23,909
Sales & Related $27,827
Office & Administrative Support $37,075
Farming, Fishing, & Forestry $29,167
Construction & Extraction $40,032
Installation, Maintenance, & Repair $45,679
Production $33,065
Transportation & Material Moving $30,272