Living Wage Calculation for Florence, SC

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 $15.78 $30.08 $36.81 $47.40 $25.07 $30.26 $35.82 $38.35 $12.43 $16.80 $21.25 $24.19
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 $5,497 $10,994 $16,492 $0 $0 $0 $0 $0 $5,497 $10,994 $16,492
Medical $2,957 $9,182 $8,969 $9,278 $7,086 $8,969 $9,278 $9,067 $7,086 $8,969 $9,278 $9,067
Housing $7,001 $9,199 $9,199 $11,760 $7,346 $9,199 $9,199 $11,760 $7,001 $9,199 $9,199 $11,760
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 $25,951 $49,456 $60,527 $77,934 $41,215 $49,760 $58,900 $63,061 $40,870 $55,258 $69,894 $79,552
Annual taxes $6,878 $13,107 $16,041 $20,654 $10,923 $13,188 $15,610 $16,713 $10,831 $14,644 $18,524 $21,083
Required annual income before taxes $32,829 $62,564 $76,568 $98,588 $52,138 $62,948 $74,510 $79,773 $51,701 $69,902 $88,418 $100,636

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $98,654
Business & Financial Operations $57,748
Computer & Mathematical $66,265
Architecture & Engineering $67,132
Life, Physical, & Social Science $61,653
Community & Social Service $41,965
Legal $50,996
Education, Training, & Library $45,657
Arts, Design, Entertainment, Sports, & Media $41,848
Healthcare Practitioners & Technical $63,194
Healthcare Support $25,851
Protective Service $35,246
Food Preparation & Serving Related $20,790
Building & Grounds Cleaning & Maintenance $24,203
Personal Care & Service $24,054
Sales & Related $26,547
Office & Administrative Support $35,192
Farming, Fishing, & Forestry $34,508
Construction & Extraction $41,730
Installation, Maintenance, & Repair $46,588
Production $38,220
Transportation & Material Moving $31,308