Living Wage Calculation for Goldsboro, NC

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 $15.45 $33.69 $43.32 $56.14 $25.37 $32.25 $37.23 $40.44 $12.67 $18.79 $23.94 $28.21
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 $8,868 $17,735 $26,603 $0 $0 $0 $0 $0 $8,868 $17,735 $26,603
Medical $3,049 $10,543 $10,553 $10,478 $7,544 $10,553 $10,478 $10,631 $7,544 $10,553 $10,478 $10,631
Housing $7,692 $10,188 $10,188 $12,588 $7,740 $10,188 $10,188 $12,588 $7,692 $10,188 $10,188 $12,588
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 $27,602 $58,903 $74,935 $94,734 $45,991 $57,460 $65,755 $71,096 $45,943 $66,328 $83,490 $97,699
Annual taxes $4,531 $11,173 $15,165 $22,038 $6,778 $9,625 $11,690 $13,020 $6,767 $11,833 $16,106 $19,644
Required annual income before taxes $32,133 $70,076 $90,100 $116,773 $52,769 $67,085 $77,445 $84,115 $52,710 $78,161 $99,596 $117,343

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $89,735
Business & Financial Operations $67,211
Computer & Mathematical $67,663
Architecture & Engineering $80,121
Life, Physical, & Social Science $66,803
Community & Social Service $51,047
Legal $51,014
Education, Training, & Library $49,493
Arts, Design, Entertainment, Sports, & Media $41,775
Healthcare Practitioners & Technical $67,762
Healthcare Support $32,602
Protective Service $43,230
Food Preparation & Serving Related $23,760
Building & Grounds Cleaning & Maintenance $30,463
Personal Care & Service $25,656
Sales & Related $28,842
Office & Administrative Support $39,735
Farming, Fishing, & Forestry $30,959
Construction & Extraction $41,312
Installation, Maintenance, & Repair $50,595
Production $38,942
Transportation & Material Moving $31,985