Living Wage Calculation for Charlotte-Concord-Gastonia, NC

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 $15.49 $30.70 $38.56 $49.98 $24.07 $28.29 $31.92 $34.52 $11.94 $16.75 $21.17 $25.08
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 $8,698 $17,396 $26,093 $0 $0 $0 $0 $0 $8,698 $17,396 $26,093
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 $10,152 $12,056 $12,056 $16,114 $10,483 $12,056 $12,056 $16,114 $10,152 $12,056 $12,056 $16,114
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 $25,857 $51,238 $64,361 $83,429 $40,184 $47,213 $53,289 $57,628 $39,854 $55,911 $70,684 $83,721
Annual taxes $6,364 $12,610 $15,840 $20,532 $9,890 $11,619 $13,115 $14,183 $9,808 $13,760 $17,396 $20,604
Required annual income before taxes $32,221 $63,848 $80,201 $103,961 $50,074 $58,833 $66,404 $71,810 $49,662 $69,671 $88,080 $104,325

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $118,295
Business & Financial Operations $73,895
Computer & Mathematical $91,225
Architecture & Engineering $75,818
Life, Physical, & Social Science $62,866
Community & Social Service $46,743
Legal $70,744
Education, Training, & Library $45,505
Arts, Design, Entertainment, Sports, & Media $50,713
Healthcare Practitioners & Technical $63,675
Healthcare Support $27,714
Protective Service $38,722
Food Preparation & Serving Related $21,863
Building & Grounds Cleaning & Maintenance $27,039
Personal Care & Service $24,522
Sales & Related $31,101
Office & Administrative Support $38,835
Farming, Fishing, & Forestry $26,998
Construction & Extraction $41,485
Installation, Maintenance, & Repair $48,247
Production $35,520
Transportation & Material Moving $30,589