Living Wage Calculation for Laredo, TX

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 $10.74 $22.09 $25.69 $31.43 $17.52 $21.24 $23.68 $26.10 $8.63 $12.13 $14.12 $16.09
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 $2,994 $4,413 $6,644 $8,812 $5,489 $6,832 $8,822 $10,741 $5,489 $6,832 $8,822 $10,741
Child Care $0 $5,512 $8,317 $11,122 $0 $0 $0 $0 $0 $5,512 $8,317 $11,122
Medical $2,174 $7,820 $7,477 $7,559 $5,906 $7,477 $7,559 $7,278 $5,906 $7,477 $7,559 $7,278
Housing $6,996 $9,456 $9,456 $12,480 $7,464 $9,456 $9,456 $12,480 $6,996 $9,456 $9,456 $12,480
Transportation $4,623 $8,424 $9,905 $11,459 $8,424 $9,905 $11,459 $11,329 $8,424 $9,905 $11,459 $11,329
Other $2,824 $4,697 $5,099 $5,935 $4,697 $5,099 $5,935 $5,808 $4,697 $5,099 $5,935 $5,808
Required annual income after taxes $19,610 $40,321 $46,897 $57,367 $31,979 $38,769 $43,231 $47,636 $31,511 $44,281 $51,548 $58,758
Annual taxes $2,736 $5,625 $6,542 $8,003 $4,461 $5,408 $6,031 $6,645 $4,396 $6,177 $7,191 $8,197
Required annual income before taxes $22,345 $45,946 $53,440 $65,370 $36,440 $44,177 $49,262 $54,281 $35,906 $50,458 $58,739 $66,955

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $92,502
Business & Financial Operations $67,000
Computer & Mathematical $56,857
Architecture & Engineering $58,513
Life, Physical, & Social Science $64,243
Community & Social Service $39,894
Legal $78,964
Education, Training, & Library $55,273
Arts, Design, Entertainment, Sports, & Media $37,744
Healthcare Practitioners & Technical $65,087
Healthcare Support $22,210
Protective Service $48,113
Food Preparation & Serving Related $19,525
Building & Grounds Cleaning & Maintenance $21,233
Personal Care & Service $19,155
Sales & Related $22,673
Office & Administrative Support $27,837
Farming, Fishing, & Forestry $0
Construction & Extraction $33,690
Installation, Maintenance, & Repair $35,840
Production $25,821
Transportation & Material Moving $28,002