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 $11.25 $22.68 $26.65 $32.48 $18.07 $22.13 $24.50 $27.61 $9.00 $12.60 $14.56 $16.90
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 $5,603 $8,454 $11,306 $0 $0 $0 $0 $0 $5,603 $8,454 $11,306
Medical $2,425 $7,962 $7,673 $7,794 $6,241 $7,673 $7,794 $7,695 $6,241 $7,673 $7,794 $7,695
Housing $7,968 $10,284 $10,284 $13,560 $8,112 $10,284 $10,284 $13,560 $7,968 $10,284 $10,284 $13,560
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 $20,537 $41,408 $48,650 $59,290 $32,984 $40,391 $44,717 $50,390 $32,840 $45,994 $53,171 $61,696
Annual taxes $2,865 $5,776 $6,787 $8,271 $4,601 $5,635 $6,238 $7,029 $4,581 $6,416 $7,417 $8,607
Required annual income before taxes $23,402 $47,184 $55,436 $67,561 $37,585 $46,025 $50,955 $57,419 $37,421 $52,410 $60,589 $70,302

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $89,583
Business & Financial Operations $63,317
Computer & Mathematical $56,893
Architecture & Engineering $62,046
Life, Physical, & Social Science $62,941
Community & Social Service $40,649
Legal $90,935
Education, Training, & Library $56,405
Arts, Design, Entertainment, Sports, & Media $42,103
Healthcare Practitioners & Technical $63,734
Healthcare Support $24,792
Protective Service $52,298
Food Preparation & Serving Related $19,313
Building & Grounds Cleaning & Maintenance $21,926
Personal Care & Service $19,984
Sales & Related $23,532
Office & Administrative Support $28,370
Farming, Fishing, & Forestry $20,584
Construction & Extraction $33,453
Installation, Maintenance, & Repair $37,000
Production $24,324
Transportation & Material Moving $30,617