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 $11.48 $24.42 $28.11 $35.11 $18.48 $22.71 $25.36 $28.95 $8.93 $13.39 $15.45 $17.97
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
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 $3,058 $4,508 $6,786 $9,001 $5,607 $6,979 $9,012 $10,972 $5,607 $6,979 $9,012 $10,972
Child Care $0 $7,028 $9,485 $11,942 $0 $0 $0 $0 $0 $7,028 $9,485 $11,942
Medical $2,237 $6,427 $6,084 $6,166 $4,828 $6,084 $6,166 $5,885 $4,828 $6,084 $6,166 $5,885
Housing $7,325 $11,187 $11,187 $16,028 $8,455 $11,187 $11,187 $16,028 $7,325 $11,187 $11,187 $16,028
Transportation $4,866 $8,867 $10,426 $12,063 $8,867 $10,426 $12,063 $11,925 $8,867 $10,426 $12,063 $11,925
Other $2,785 $4,633 $5,030 $5,855 $4,633 $5,030 $5,855 $5,729 $4,633 $5,030 $5,855 $5,729
Required annual income after taxes $20,272 $42,650 $48,999 $61,055 $32,389 $39,706 $44,282 $50,540 $31,259 $46,734 $53,767 $62,482
Annual taxes $3,600 $8,135 $9,471 $11,972 $6,054 $7,524 $8,474 $9,672 $5,897 $8,983 $10,514 $12,284
Required annual income before taxes $23,872 $50,785 $58,470 $73,027 $38,444 $47,230 $52,756 $60,213 $37,156 $55,717 $64,280 $74,766

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $87,225
Business & Financial Operations $60,746
Computer & Mathematical $72,823
Architecture & Engineering $71,002
Life, Physical, & Social Science $58,853
Community & Social Service $46,745
Legal $63,955
Education, Training, & Library $52,917
Arts, Design, Entertainment, Sports, & Media $45,788
Healthcare Practitioners & Technical $64,161
Healthcare Support $33,258
Protective Service $43,926
Food Preparation & Serving Related $21,140
Building & Grounds Cleaning & Maintenance $30,985
Personal Care & Service $24,226
Sales & Related $25,615
Office & Administrative Support $37,661
Farming, Fishing, & Forestry $32,240
Construction & Extraction $44,523
Installation, Maintenance, & Repair $45,284
Production $37,013
Transportation & Material Moving $0