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 $13.37 $26.54 $32.18 $40.68 $21.39 $25.98 $29.38 $31.35 $10.68 $14.58 $17.86 $20.42
Poverty Wage $6.13 $8.29 $10.44 $12.60 $8.29 $10.44 $12.60 $14.75 $4.14 $5.22 $6.30 $7.38
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 $3,177 $4,670 $6,990 $9,294 $5,825 $7,238 $9,305 $11,345 $5,825 $7,238 $9,305 $11,345
Child Care $0 $5,669 $11,337 $17,006 $0 $0 $0 $0 $0 $5,669 $11,337 $17,006
Medical $2,760 $8,866 $8,554 $8,694 $6,270 $8,554 $8,694 $8,347 $6,270 $8,554 $8,694 $8,347
Housing $8,196 $10,344 $10,344 $13,584 $8,244 $10,344 $10,344 $13,584 $8,196 $10,344 $10,344 $13,584
Transportation $5,113 $9,378 $11,672 $13,896 $9,378 $11,672 $13,896 $12,611 $9,378 $11,672 $13,896 $12,611
Civic $1,811 $3,889 $3,554 $4,127 $3,889 $3,554 $4,127 $3,982 $3,889 $3,554 $4,127 $3,982
Other $2,875 $4,687 $5,144 $6,216 $4,687 $5,144 $6,216 $6,235 $4,687 $5,144 $6,216 $6,235
Required annual income after taxes $23,933 $47,503 $57,596 $72,817 $38,293 $46,507 $52,582 $56,103 $38,245 $52,176 $63,919 $73,109
Annual taxes $3,880 $7,701 $9,337 $11,805 $6,208 $7,539 $8,524 $9,095 $6,200 $8,458 $10,362 $11,852
Required annual income before taxes $27,813 $55,204 $66,933 $84,622 $44,501 $54,046 $61,107 $65,198 $44,445 $60,634 $74,281 $84,961

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $84,575
Business & Financial Operations $59,869
Computer & Mathematical $52,585
Architecture & Engineering $57,546
Life, Physical, & Social Science $54,160
Community & Social Service $44,226
Legal $81,926
Education, Training, & Library $53,424
Arts, Design, Entertainment, Sports, & Media $42,109
Healthcare Practitioners & Technical $65,782
Healthcare Support $21,719
Protective Service $52,104
Food Preparation & Serving Related $19,745
Building & Grounds Cleaning & Maintenance $22,169
Personal Care & Service $20,389
Sales & Related $25,034
Office & Administrative Support $29,546
Farming, Fishing, & Forestry $21,382
Construction & Extraction $34,702
Installation, Maintenance, & Repair $36,093
Production $25,842
Transportation & Material Moving $30,364