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 $15.55 $31.69 $40.63 $53.45 $24.78 $31.01 $35.98 $40.09 $12.38 $17.82 $22.63 $27.00
Poverty Wage $6.53 $8.80 $11.07 $13.34 $8.80 $11.07 $13.34 $15.61 $4.40 $5.54 $6.67 $7.81
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 $3,926 $5,795 $8,707 $11,540 $7,198 $8,966 $11,564 $14,071 $7,198 $8,966 $11,564 $14,071
Child Care $0 $7,741 $15,482 $23,223 $0 $0 $0 $0 $0 $7,741 $15,482 $23,223
Medical $3,143 $8,148 $8,158 $8,083 $6,131 $8,158 $8,083 $8,236 $6,131 $8,158 $8,083 $8,236
Housing $7,475 $9,907 $9,907 $13,830 $7,532 $9,907 $9,907 $13,830 $7,475 $9,907 $9,907 $13,830
Transportation $5,477 $9,851 $12,045 $14,484 $9,851 $12,045 $14,484 $15,530 $9,851 $12,045 $14,484 $15,530
Civic $3,074 $6,107 $6,821 $9,300 $6,107 $6,821 $9,300 $7,395 $6,107 $6,821 $9,300 $7,395
Other $4,253 $7,420 $8,755 $9,610 $7,420 $8,755 $9,610 $10,749 $7,420 $8,755 $9,610 $10,749
Required annual income after taxes $27,479 $55,099 $70,006 $90,201 $44,370 $54,784 $63,078 $69,943 $44,313 $62,525 $78,560 $93,165
Annual taxes $4,875 $10,822 $14,497 $20,965 $7,182 $9,708 $11,752 $13,444 $7,169 $11,616 $15,569 $19,169
Required annual income before taxes $32,354 $65,921 $84,502 $111,166 $51,553 $64,492 $74,831 $83,387 $51,482 $74,141 $94,129 $112,334

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $86,725
Business & Financial Operations $76,020
Computer & Mathematical $85,369
Architecture & Engineering $66,902
Life, Physical, & Social Science $70,871
Community & Social Service $43,120
Legal $64,311
Education, Training, & Library $53,638
Arts, Design, Entertainment, Sports, & Media $42,911
Healthcare Practitioners & Technical $66,075
Healthcare Support $31,896
Protective Service $44,311
Food Preparation & Serving Related $24,256
Building & Grounds Cleaning & Maintenance $31,786
Personal Care & Service $25,711
Sales & Related $30,375
Office & Administrative Support $40,066
Farming, Fishing, & Forestry $29,405
Construction & Extraction $49,835
Installation, Maintenance, & Repair $51,588
Production $41,610
Transportation & Material Moving $36,759