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 $15.83 $31.33 $39.24 $50.52 $25.30 $31.39 $36.16 $39.78 $12.64 $17.59 $21.87 $25.57
Poverty Wage $6.53 $8.80 $11.07 $13.34 $8.80 $11.07 $13.34 $15.61 $4.40 $5.54 $6.67 $7.81
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 $3,926 $5,795 $8,707 $11,540 $7,198 $8,966 $11,564 $14,071 $7,198 $8,966 $11,564 $14,071
Child Care $0 $6,581 $13,162 $19,743 $0 $0 $0 $0 $0 $6,581 $13,162 $19,743
Medical $3,058 $9,474 $9,484 $9,409 $7,097 $9,484 $9,409 $9,562 $7,097 $9,484 $9,409 $9,562
Housing $9,072 $11,304 $11,304 $14,664 $9,120 $11,304 $11,304 $14,664 $9,072 $11,304 $11,304 $14,664
Transportation $5,477 $9,851 $12,045 $14,484 $9,851 $12,045 $14,484 $15,530 $9,851 $12,045 $14,484 $15,530
Civic $3,074 $6,107 $6,821 $9,300 $6,107 $6,821 $9,300 $7,395 $6,107 $6,821 $9,300 $7,395
Other $4,253 $7,420 $8,755 $9,610 $7,420 $8,755 $9,610 $10,749 $7,420 $8,755 $9,610 $10,749
Required annual income after taxes $28,992 $56,663 $70,409 $88,881 $46,924 $57,507 $65,802 $72,102 $46,876 $64,088 $78,964 $91,845
Annual taxes $3,937 $8,513 $11,214 $16,202 $5,702 $7,781 $9,411 $10,649 $5,692 $9,074 $11,997 $14,529
Required annual income before taxes $32,929 $65,176 $81,624 $105,084 $52,626 $65,288 $75,213 $82,752 $52,568 $73,163 $90,961 $106,374

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $86,483
Business & Financial Operations $65,193
Computer & Mathematical $54,851
Architecture & Engineering $66,792
Life, Physical, & Social Science $61,852
Community & Social Service $51,665
Legal $67,354
Education, Training, & Library $55,601
Arts, Design, Entertainment, Sports, & Media $39,460
Healthcare Practitioners & Technical $65,469
Healthcare Support $24,355
Protective Service $66,736
Food Preparation & Serving Related $22,999
Building & Grounds Cleaning & Maintenance $26,207
Personal Care & Service $23,705
Sales & Related $28,886
Office & Administrative Support $32,668
Farming, Fishing, & Forestry $24,355
Construction & Extraction $40,595
Installation, Maintenance, & Repair $40,650
Production $29,537
Transportation & Material Moving $33,980