Living Wage Calculation for Akron, OH

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 $10.82 $22.95 $27.25 $33.55 $17.77 $21.28 $23.87 $26.18 $8.58 $12.63 $14.97 $17.18
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
Minimum Wage $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30

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 $3,058 $4,508 $6,786 $9,001 $5,607 $6,979 $9,012 $10,972 $5,607 $6,979 $9,012 $10,972
Child Care $0 $7,037 $10,749 $14,461 $0 $0 $0 $0 $0 $7,037 $10,749 $14,461
Medical $2,332 $6,081 $5,737 $5,819 $5,182 $5,737 $5,819 $5,539 $5,182 $5,737 $5,819 $5,539
Housing $6,444 $9,912 $9,912 $12,576 $7,548 $9,912 $9,912 $12,576 $6,444 $9,912 $9,912 $12,576
Transportation $4,866 $8,867 $10,426 $12,063 $8,867 $10,426 $12,063 $11,925 $8,867 $10,426 $12,063 $11,925
Other $2,785 $4,633 $5,030 $5,855 $4,633 $5,030 $5,855 $5,729 $4,633 $5,030 $5,855 $5,729
Required annual income after taxes $19,486 $41,037 $48,641 $59,775 $31,836 $38,084 $42,660 $46,741 $30,732 $45,121 $53,409 $61,202
Annual taxes $3,020 $6,697 $8,039 $10,017 $5,128 $6,188 $6,983 $7,717 $4,974 $7,418 $8,880 $10,269
Required annual income before taxes $22,506 $47,734 $56,680 $69,792 $36,964 $44,272 $49,643 $54,458 $35,706 $52,539 $62,289 $71,471

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $98,026
Business & Financial Operations $62,659
Computer & Mathematical $74,973
Architecture & Engineering $73,851
Life, Physical, & Social Science $61,836
Community & Social Service $42,630
Legal $73,306
Education, Training, & Library $54,810
Arts, Design, Entertainment, Sports, & Media $38,896
Healthcare Practitioners & Technical $66,702
Healthcare Support $25,821
Protective Service $45,397
Food Preparation & Serving Related $20,163
Building & Grounds Cleaning & Maintenance $24,864
Personal Care & Service $22,858
Sales & Related $28,516
Office & Administrative Support $34,606
Farming, Fishing, & Forestry $24,843
Construction & Extraction $50,448
Installation, Maintenance, & Repair $43,741
Production $35,295
Transportation & Material Moving $30,995