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 $11.11 $23.93 $28.29 $34.21 $17.88 $22.57 $25.06 $27.92 $8.92 $13.29 $15.45 $17.80
Poverty Wage $6.00 $8.13 $10.25 $12.38 $8.13 $10.25 $12.38 $14.50 $4.06 $5.13 $6.19 $7.25
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 $3,010 $4,446 $6,682 $8,863 $5,518 $6,877 $8,872 $10,802 $5,518 $6,877 $8,872 $10,802
Child Care $0 $6,959 $10,141 $13,323 $0 $0 $0 $0 $0 $6,959 $10,141 $13,323
Medical $2,305 $7,945 $7,657 $7,778 $5,495 $7,657 $7,778 $7,679 $5,495 $7,657 $7,778 $7,679
Housing $6,780 $9,036 $9,036 $11,568 $6,828 $9,036 $9,036 $11,568 $6,780 $9,036 $9,036 $11,568
Transportation $4,322 $8,425 $10,689 $11,645 $8,425 $10,689 $11,645 $12,206 $8,425 $10,689 $11,645 $12,206
Other $2,812 $4,688 $4,867 $6,123 $4,688 $4,867 $6,123 $6,126 $4,688 $4,867 $6,123 $6,126
Required annual income after taxes $19,229 $41,499 $49,072 $59,298 $30,954 $39,126 $43,453 $48,381 $30,906 $46,085 $53,594 $61,704
Annual taxes $3,890 $8,281 $9,776 $11,856 $6,226 $7,812 $8,667 $9,700 $6,220 $9,187 $10,669 $12,331
Required annual income before taxes $23,119 $49,780 $58,849 $71,155 $37,180 $46,939 $52,119 $58,081 $37,125 $55,272 $64,263 $74,036

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $85,192
Business & Financial Operations $60,410
Computer & Mathematical $59,129
Architecture & Engineering $67,922
Life, Physical, & Social Science $60,572
Community & Social Service $42,550
Legal $42,215
Education, Training, & Library $41,259
Arts, Design, Entertainment, Sports, & Media $35,231
Healthcare Practitioners & Technical $58,468
Healthcare Support $27,191
Protective Service $36,878
Food Preparation & Serving Related $19,598
Building & Grounds Cleaning & Maintenance $23,460
Personal Care & Service $20,675
Sales & Related $24,345
Office & Administrative Support $31,979
Farming, Fishing, & Forestry $24,009
Construction & Extraction $37,010
Installation, Maintenance, & Repair $40,731
Production $30,789
Transportation & Material Moving $29,661