Living Wage Calculation for Lake County, South Dakota

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 $12.21 $26.35 $32.59 $42.03 $20.78 $25.23 $28.67 $30.96 $10.39 $14.49 $18.09 $21.10
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 $9.30 $9.30 $9.30 $9.30 $9.30 $9.30 $9.30 $9.30 $9.30 $9.30 $9.30 $9.30

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 $3,246 $4,771 $7,141 $9,494 $5,950 $7,394 $9,505 $11,589 $5,950 $7,394 $9,505 $11,589
Child Care $0 $6,711 $13,422 $20,134 $0 $0 $0 $0 $0 $6,711 $13,422 $20,134
Medical $2,831 $8,841 $8,529 $8,669 $6,472 $8,529 $8,669 $8,322 $6,472 $8,529 $8,669 $8,322
Housing $5,844 $8,568 $8,568 $12,360 $6,504 $8,568 $8,568 $12,360 $6,504 $8,568 $8,568 $12,360
Transportation $5,149 $9,443 $11,753 $13,993 $9,443 $11,753 $13,993 $12,698 $9,443 $11,753 $13,993 $12,698
Civic $1,956 $4,200 $3,838 $4,457 $4,200 $3,838 $4,457 $4,300 $4,200 $3,838 $4,457 $4,300
Other $2,835 $4,620 $5,070 $6,127 $4,620 $5,070 $6,127 $6,145 $4,620 $5,070 $6,127 $6,145
Required annual income after taxes $21,859 $47,154 $58,322 $75,233 $37,189 $45,153 $51,319 $55,414 $37,189 $51,864 $64,741 $75,548
Annual taxes $3,544 $7,644 $9,455 $12,196 $6,029 $7,320 $8,320 $8,984 $6,029 $8,408 $10,495 $12,248
Required annual income before taxes $25,403 $54,798 $67,777 $87,430 $43,218 $52,473 $59,638 $64,398 $43,218 $60,272 $75,236 $87,796

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $96,555
Business & Financial Operations $62,048
Computer & Mathematical $63,889
Architecture & Engineering $68,319
Life, Physical, & Social Science $54,743
Community & Social Service $40,758
Legal $65,271
Education, Training, & Library $41,638
Arts, Design, Entertainment, Sports, & Media $36,605
Healthcare Practitioners & Technical $58,692
Healthcare Support $29,310
Protective Service $40,226
Food Preparation & Serving Related $22,609
Building & Grounds Cleaning & Maintenance $26,006
Personal Care & Service $25,310
Sales & Related $29,771
Office & Administrative Support $32,911
Farming, Fishing, & Forestry $30,988
Construction & Extraction $39,459
Installation, Maintenance, & Repair $45,086
Production $34,569
Transportation & Material Moving $32,032