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 $14.43 $29.63 $36.17 $46.80 $23.42 $27.46 $32.10 $33.43 $11.70 $15.94 $20.48 $23.36
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 $7,638 $15,277 $22,915 $0 $0 $0 $0 $0 $7,638 $15,277 $22,915
Medical $2,728 $7,860 $7,548 $7,688 $5,923 $7,548 $7,688 $7,341 $5,923 $7,548 $7,688 $7,341
Housing $7,344 $9,744 $9,744 $12,144 $7,404 $9,744 $9,744 $12,144 $7,344 $9,744 $9,744 $12,144
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 $2,382 $4,909 $3,828 $5,978 $4,909 $3,828 $5,978 $5,561 $4,909 $3,828 $5,978 $5,561
Other $4,247 $7,158 $7,599 $9,085 $7,158 $7,599 $9,085 $8,944 $7,158 $7,599 $9,085 $8,944
Required annual income after taxes $24,991 $51,358 $62,659 $81,000 $40,597 $47,630 $55,696 $57,946 $40,537 $55,268 $70,973 $80,861
Annual taxes $5,024 $10,280 $12,580 $16,340 $8,123 $9,477 $11,070 $11,585 $8,114 $11,053 $14,221 $16,313
Required annual income before taxes $30,015 $61,639 $75,239 $97,340 $48,720 $57,107 $66,766 $69,532 $48,651 $66,321 $85,195 $97,174

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $87,522
Business & Financial Operations $61,792
Computer & Mathematical $68,902
Architecture & Engineering $65,700
Life, Physical, & Social Science $58,488
Community & Social Service $44,124
Legal $44,237
Education, Training, & Library $42,743
Arts, Design, Entertainment, Sports, & Media $40,175
Healthcare Practitioners & Technical $62,386
Healthcare Support $28,922
Protective Service $38,958
Food Preparation & Serving Related $19,847
Building & Grounds Cleaning & Maintenance $26,528
Personal Care & Service $20,993
Sales & Related $23,653
Office & Administrative Support $34,415
Farming, Fishing, & Forestry $25,392
Construction & Extraction $37,679
Installation, Maintenance, & Repair $42,937
Production $32,697
Transportation & Material Moving $28,236