Living Wage Calculation for Hickory-Lenoir-Morganton, 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 $15.11 $29.69 $37.62 $49.27 $23.61 $28.53 $33.97 $36.39 $11.79 $16.57 $21.60 $25.12
Poverty Wage $6.19 $8.38 $10.56 $12.74 $8.38 $10.56 $12.74 $14.92 $4.19 $5.28 $6.37 $7.46
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 $3,351 $4,937 $7,417 $9,838 $6,143 $7,645 $9,856 $11,999 $6,143 $7,645 $9,856 $11,999
Child Care $0 $7,756 $15,513 $23,268 $0 $0 $0 $0 $0 $7,756 $15,513 $23,268
Medical $2,709 $8,250 $8,037 $8,347 $6,175 $8,037 $8,347 $8,136 $6,175 $8,037 $8,347 $8,136
Housing $6,684 $8,316 $8,316 $10,788 $6,720 $8,316 $8,316 $10,788 $6,684 $8,316 $8,316 $10,788
Transportation $5,509 $9,776 $12,709 $15,012 $9,776 $12,709 $15,012 $16,304 $9,776 $12,709 $15,012 $16,304
Civic $2,503 $4,019 $4,965 $6,483 $4,019 $4,965 $6,483 $5,153 $4,019 $4,965 $6,483 $5,153
Other $4,508 $6,723 $6,150 $8,948 $6,723 $6,150 $8,948 $8,655 $6,723 $6,150 $8,948 $8,655
Required annual income after taxes $25,387 $49,900 $63,230 $82,808 $39,678 $47,945 $57,085 $61,158 $39,642 $55,701 $72,598 $84,426
Annual taxes $6,032 $11,857 $15,025 $19,677 $9,428 $11,393 $13,565 $14,532 $9,420 $13,236 $17,251 $20,062
Required annual income before taxes $31,419 $61,758 $78,255 $102,485 $49,106 $59,338 $70,650 $75,690 $49,062 $68,937 $89,849 $104,488

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $100,280
Business & Financial Operations $64,874
Computer & Mathematical $67,367
Architecture & Engineering $77,382
Life, Physical, & Social Science $57,673
Community & Social Service $50,215
Legal $69,796
Education, Training, & Library $50,012
Arts, Design, Entertainment, Sports, & Media $41,666
Healthcare Practitioners & Technical $64,125
Healthcare Support $27,050
Protective Service $41,238
Food Preparation & Serving Related $21,593
Building & Grounds Cleaning & Maintenance $27,360
Personal Care & Service $25,744
Sales & Related $30,078
Office & Administrative Support $37,043
Farming, Fishing, & Forestry $31,533
Construction & Extraction $41,109
Installation, Maintenance, & Repair $46,010
Production $36,669
Transportation & Material Moving $34,936