Living Wage Calculation for Greensboro-High Point, 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 $11.34 $23.97 $28.33 $34.52 $18.36 $22.60 $25.09 $28.23 $9.04 $13.30 $15.46 $17.95
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 $7,195 $9,096 $9,096 $12,131 $7,716 $9,096 $9,096 $12,131 $7,195 $9,096 $9,096 $12,131
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 $19,644 $41,560 $49,133 $59,862 $31,842 $39,187 $43,513 $48,945 $31,321 $46,146 $53,654 $62,268
Annual taxes $3,947 $8,289 $9,785 $11,935 $6,350 $7,821 $8,675 $9,779 $6,277 $9,195 $10,678 $12,410
Required annual income before taxes $23,592 $49,849 $58,918 $71,797 $38,192 $47,007 $52,188 $58,723 $37,598 $55,341 $64,332 $74,678

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $104,647
Business & Financial Operations $61,619
Computer & Mathematical $79,733
Architecture & Engineering $72,089
Life, Physical, & Social Science $59,820
Community & Social Service $45,223
Legal $54,433
Education, Training, & Library $47,094
Arts, Design, Entertainment, Sports, & Media $42,072
Healthcare Practitioners & Technical $61,375
Healthcare Support $25,778
Protective Service $38,362
Food Preparation & Serving Related $19,638
Building & Grounds Cleaning & Maintenance $22,901
Personal Care & Service $20,980
Sales & Related $26,490
Office & Administrative Support $35,282
Farming, Fishing, & Forestry $35,008
Construction & Extraction $38,596
Installation, Maintenance, & Repair $45,518
Production $31,755
Transportation & Material Moving $30,149