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 $13.68 $28.73 $34.53 $43.02 $22.97 $28.46 $32.16 $33.87 $11.36 $15.79 $19.19 $21.60
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 $5,114 $10,227 $15,341 $0 $0 $0 $0 $0 $5,114 $10,227 $15,341
Medical $2,662 $10,449 $10,136 $10,276 $6,723 $10,136 $10,276 $9,930 $6,723 $10,136 $10,276 $9,930
Housing $6,850 $9,056 $9,056 $11,583 $7,269 $9,056 $9,056 $11,583 $6,850 $9,056 $9,056 $11,583
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 $22,488 $47,242 $56,781 $70,733 $37,771 $46,801 $52,877 $55,684 $37,351 $51,915 $63,104 $71,025
Annual taxes $5,960 $12,520 $15,048 $18,746 $10,010 $12,403 $14,014 $14,758 $9,899 $13,759 $16,724 $18,823
Required annual income before taxes $28,448 $59,763 $71,829 $89,479 $47,781 $59,205 $66,890 $70,442 $47,250 $65,673 $79,828 $89,849

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $93,067
Business & Financial Operations $57,107
Computer & Mathematical $62,764
Architecture & Engineering $69,066
Life, Physical, & Social Science $59,388
Community & Social Service $39,162
Legal $37,730
Education, Training, & Library $39,797
Arts, Design, Entertainment, Sports, & Media $41,116
Healthcare Practitioners & Technical $58,396
Healthcare Support $25,218
Protective Service $31,408
Food Preparation & Serving Related $19,683
Building & Grounds Cleaning & Maintenance $21,699
Personal Care & Service $20,430
Sales & Related $24,451
Office & Administrative Support $33,321
Farming, Fishing, & Forestry $31,684
Construction & Extraction $39,398
Installation, Maintenance, & Repair $42,630
Production $35,551
Transportation & Material Moving $27,643