Living Wage Calculation for Elizabethtown-Fort Knox, KY

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 $15.46 $29.58 $37.14 $49.50 $23.68 $28.77 $34.19 $37.69 $11.80 $16.51 $21.35 $25.23
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 $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 $3,351 $4,937 $7,417 $9,838 $6,143 $7,645 $9,856 $11,999 $6,143 $7,645 $9,856 $11,999
Child Care $0 $7,174 $14,348 $21,522 $0 $0 $0 $0 $0 $7,174 $14,348 $21,522
Medical $2,588 $7,123 $6,910 $7,219 $5,529 $6,910 $7,219 $7,008 $5,529 $6,910 $7,219 $7,008
Housing $7,483 $9,993 $9,993 $14,303 $7,617 $9,993 $9,993 $14,303 $7,483 $9,993 $9,993 $14,303
Transportation $5,509 $9,776 $12,709 $15,012 $9,776 $12,709 $15,012 $16,304 $9,776 $12,709 $15,012 $16,304
Civic $2,503 $4,019 $4,965 $6,483 $4,019 $4,965 $6,483 $5,153 $4,019 $4,965 $6,483 $5,153
Other $4,508 $6,723 $6,150 $8,948 $6,723 $6,150 $8,948 $8,655 $6,723 $6,150 $8,948 $8,655
Required annual income after taxes $26,065 $49,868 $62,615 $83,449 $39,929 $48,495 $57,635 $63,545 $39,796 $55,669 $71,982 $85,068
Annual taxes $6,094 $11,659 $14,640 $19,511 $9,336 $11,338 $13,475 $14,857 $9,304 $13,016 $16,830 $19,889
Required annual income before taxes $32,159 $61,527 $77,255 $102,960 $49,264 $59,833 $71,110 $78,403 $49,100 $68,685 $88,812 $104,957

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $86,745
Business & Financial Operations $73,595
Computer & Mathematical $75,852
Architecture & Engineering $70,759
Life, Physical, & Social Science $68,480
Community & Social Service $41,238
Legal $59,203
Education, Training, & Library $52,644
Arts, Design, Entertainment, Sports, & Media $52,205
Healthcare Practitioners & Technical $63,654
Healthcare Support $29,725
Protective Service $44,373
Food Preparation & Serving Related $22,224
Building & Grounds Cleaning & Maintenance $28,815
Personal Care & Service $25,830
Sales & Related $26,140
Office & Administrative Support $35,845
Farming, Fishing, & Forestry $0
Construction & Extraction $44,394
Installation, Maintenance, & Repair $44,352
Production $45,272
Transportation & Material Moving $32,175