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 $15.25 $28.81 $35.33 $45.86 $23.33 $28.65 $33.76 $36.55 $11.65 $16.03 $20.28 $23.38
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 $6,094 $12,188 $18,282 $0 $0 $0 $0 $0 $6,094 $12,188 $18,282
Medical $2,549 $8,920 $8,707 $9,016 $6,160 $8,707 $9,016 $8,805 $6,160 $8,707 $9,016 $8,805
Housing $8,760 $10,980 $10,980 $14,388 $8,820 $10,980 $10,980 $14,388 $8,760 $10,980 $10,980 $14,388
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 $27,303 $51,572 $63,239 $82,091 $41,764 $51,279 $60,418 $65,427 $41,704 $57,373 $72,606 $83,709
Annual taxes $4,426 $8,361 $10,252 $13,308 $6,771 $8,313 $9,795 $10,607 $6,761 $9,301 $11,771 $13,570
Required annual income before taxes $31,729 $59,932 $73,491 $95,399 $48,534 $59,592 $70,213 $76,034 $48,464 $66,674 $84,377 $97,279

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $87,451
Business & Financial Operations $60,712
Computer & Mathematical $58,411
Architecture & Engineering $60,252
Life, Physical, & Social Science $58,572
Community & Social Service $48,492
Legal $85,728
Education, Training, & Library $59,546
Arts, Design, Entertainment, Sports, & Media $46,577
Healthcare Practitioners & Technical $66,565
Healthcare Support $23,326
Protective Service $57,855
Food Preparation & Serving Related $20,683
Building & Grounds Cleaning & Maintenance $23,711
Personal Care & Service $21,807
Sales & Related $27,114
Office & Administrative Support $30,944
Farming, Fishing, & Forestry $21,272
Construction & Extraction $36,530
Installation, Maintenance, & Repair $40,275
Production $30,474
Transportation & Material Moving $33,245