Living Wage Calculation for Iowa City, IA

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 $11.37 $24.42 $28.46 $35.20 $18.59 $22.96 $25.53 $29.52 $9.07 $13.56 $15.58 $18.32
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 $3,075 $4,541 $6,826 $9,053 $5,637 $7,025 $9,063 $11,035 $5,637 $7,025 $9,063 $11,035
Child Care $0 $7,144 $9,641 $12,139 $0 $0 $0 $0 $0 $7,144 $9,641 $12,139
Medical $2,607 $7,127 $6,839 $6,959 $5,648 $6,839 $6,959 $6,861 $5,648 $6,839 $6,959 $6,861
Housing $7,170 $10,555 $10,555 $15,033 $8,001 $10,555 $10,555 $15,033 $7,170 $10,555 $10,555 $15,033
Transportation $4,289 $8,362 $10,608 $11,557 $8,362 $10,608 $11,557 $12,115 $8,362 $10,608 $11,557 $12,115
Other $2,929 $4,883 $5,070 $6,378 $4,883 $5,070 $6,378 $6,381 $4,883 $5,070 $6,378 $6,381
Required annual income after taxes $20,071 $42,613 $49,539 $61,120 $32,531 $40,097 $44,512 $51,424 $31,700 $47,241 $54,153 $63,563
Annual taxes $3,584 $8,189 $9,660 $12,094 $6,130 $7,667 $8,583 $9,974 $6,014 $9,158 $10,669 $12,629
Required annual income before taxes $23,655 $50,801 $59,199 $73,214 $38,661 $47,764 $53,095 $61,398 $37,714 $56,399 $64,822 $76,192

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $89,512
Business & Financial Operations $60,786
Computer & Mathematical $73,461
Architecture & Engineering $71,998
Life, Physical, & Social Science $60,938
Community & Social Service $48,679
Legal $70,859
Education, Training, & Library $57,391
Arts, Design, Entertainment, Sports, & Media $46,901
Healthcare Practitioners & Technical $64,903
Healthcare Support $34,418
Protective Service $47,734
Food Preparation & Serving Related $22,607
Building & Grounds Cleaning & Maintenance $30,871
Personal Care & Service $24,274
Sales & Related $26,622
Office & Administrative Support $38,098
Farming, Fishing, & Forestry $28,594
Construction & Extraction $43,760
Installation, Maintenance, & Repair $48,283
Production $36,289
Transportation & Material Moving $37,366