Living Wage Calculation for Denver-Aurora-Lakewood, CO

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 $19.62 $38.42 $48.77 $65.62 $29.66 $35.00 $40.62 $45.81 $14.39 $20.98 $27.28 $33.35
Poverty Wage $6.19 $8.38 $10.56 $12.74 $8.38 $10.56 $12.74 $14.92 $4.19 $5.28 $6.37 $7.46
Minimum Wage $12.56 $12.56 $12.56 $12.56 $12.56 $12.56 $12.56 $12.56 $12.56 $12.56 $12.56 $12.56

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 $3,999 $5,893 $8,853 $11,742 $7,332 $9,124 $11,764 $14,321 $7,332 $9,124 $11,764 $14,321
Child Care $0 $11,809 $23,618 $35,427 $0 $0 $0 $0 $0 $11,809 $23,618 $35,427
Medical $2,729 $8,051 $7,838 $8,148 $7,187 $7,838 $8,148 $7,937 $7,187 $7,838 $8,148 $7,937
Housing $14,148 $19,260 $19,260 $26,232 $15,648 $19,260 $19,260 $26,232 $14,148 $19,260 $19,260 $26,232
Transportation $4,938 $8,762 $11,391 $13,456 $8,762 $11,391 $13,456 $14,613 $8,762 $11,391 $13,456 $14,613
Civic $2,581 $4,144 $5,120 $6,686 $4,144 $5,120 $6,686 $5,314 $4,144 $5,120 $6,686 $5,314
Other $4,748 $7,080 $6,477 $9,424 $7,080 $6,477 $9,424 $9,115 $7,080 $6,477 $9,424 $9,115
Required annual income after taxes $33,266 $65,124 $82,681 $111,237 $50,277 $59,334 $68,860 $77,656 $48,777 $71,144 $92,478 $113,083
Annual taxes $7,551 $14,783 $18,768 $25,250 $11,413 $13,469 $15,631 $17,627 $11,072 $16,149 $20,992 $25,669
Required annual income before taxes $40,818 $79,906 $101,449 $136,487 $61,689 $72,803 $84,490 $95,283 $59,849 $87,293 $113,470 $138,752

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $145,820
Business & Financial Operations $83,685
Computer & Mathematical $105,705
Architecture & Engineering $94,160
Life, Physical, & Social Science $78,495
Community & Social Service $55,587
Legal $100,527
Education, Training, & Library $57,042
Arts, Design, Entertainment, Sports, & Media $57,983
Healthcare Practitioners & Technical $82,176
Healthcare Support $36,883
Protective Service $51,692
Food Preparation & Serving Related $29,714
Building & Grounds Cleaning & Maintenance $32,924
Personal Care & Service $32,346
Sales & Related $43,677
Office & Administrative Support $46,342
Farming, Fishing, & Forestry $32,218
Construction & Extraction $55,822
Installation, Maintenance, & Repair $56,614
Production $41,527
Transportation & Material Moving $40,360