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 $11.19 $23.30 $27.27 $33.36 $17.93 $21.64 $24.21 $26.62 $8.95 $12.79 $14.98 $17.08
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
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 $2,994 $4,413 $6,644 $8,812 $5,489 $6,832 $8,822 $10,741 $5,489 $6,832 $8,822 $10,741
Child Care $0 $6,846 $9,976 $13,107 $0 $0 $0 $0 $0 $6,846 $9,976 $13,107
Medical $2,165 $6,969 $6,625 $6,707 $5,634 $6,625 $6,707 $6,426 $5,634 $6,625 $6,707 $6,426
Housing $6,780 $9,072 $9,072 $11,844 $6,816 $9,072 $9,072 $11,844 $6,780 $9,072 $9,072 $11,844
Transportation $4,623 $8,424 $9,905 $11,459 $8,424 $9,905 $11,459 $11,329 $8,424 $9,905 $11,459 $11,329
Other $2,824 $4,697 $5,099 $5,935 $4,697 $5,099 $5,935 $5,808 $4,697 $5,099 $5,935 $5,808
Required annual income after taxes $19,386 $40,419 $47,321 $57,864 $31,059 $37,533 $41,995 $46,148 $31,023 $44,379 $51,971 $59,255
Annual taxes $3,892 $8,045 $9,408 $11,532 $6,229 $7,475 $8,356 $9,218 $6,224 $8,827 $10,327 $11,806
Required annual income before taxes $23,277 $48,464 $56,729 $69,396 $37,288 $45,008 $50,352 $55,366 $37,247 $53,206 $62,298 $71,062

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $85,713
Business & Financial Operations $59,676
Computer & Mathematical $59,357
Architecture & Engineering $71,629
Life, Physical, & Social Science $63,533
Community & Social Service $41,756
Legal $54,573
Education, Training, & Library $40,562
Arts, Design, Entertainment, Sports, & Media $34,359
Healthcare Practitioners & Technical $58,225
Healthcare Support $26,911
Protective Service $37,764
Food Preparation & Serving Related $19,659
Building & Grounds Cleaning & Maintenance $22,951
Personal Care & Service $20,410
Sales & Related $24,370
Office & Administrative Support $31,098
Farming, Fishing, & Forestry $27,436
Construction & Extraction $37,435
Installation, Maintenance, & Repair $40,696
Production $29,534
Transportation & Material Moving $28,670