Living Wage Calculation for Lexington-Fayette, KY

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 $15.51 $31.07 $39.58 $52.78 $24.35 $29.32 $34.74 $38.15 $11.83 $17.26 $22.57 $26.87
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 $8,761 $17,524 $26,285 $0 $0 $0 $0 $0 $8,761 $17,524 $26,285
Medical $2,588 $7,123 $6,910 $7,219 $5,529 $6,910 $7,219 $7,008 $5,529 $6,910 $7,219 $7,008
Housing $7,560 $10,920 $10,920 $15,072 $8,736 $10,920 $10,920 $15,072 $7,560 $10,920 $10,920 $15,072
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 $26,142 $52,382 $66,718 $88,981 $41,048 $49,422 $58,562 $64,314 $39,872 $58,183 $76,085 $90,599
Annual taxes $6,112 $12,247 $15,599 $20,804 $9,597 $11,555 $13,692 $15,037 $9,322 $13,604 $17,789 $21,183
Required annual income before taxes $32,254 $64,629 $82,317 $109,785 $50,645 $60,977 $72,254 $79,351 $49,195 $71,787 $93,874 $111,782

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $94,288
Business & Financial Operations $65,259
Computer & Mathematical $72,589
Architecture & Engineering $78,089
Life, Physical, & Social Science $60,434
Community & Social Service $44,587
Legal $88,896
Education, Training, & Library $52,665
Arts, Design, Entertainment, Sports, & Media $47,433
Healthcare Practitioners & Technical $63,558
Healthcare Support $32,228
Protective Service $35,663
Food Preparation & Serving Related $22,224
Building & Grounds Cleaning & Maintenance $30,067
Personal Care & Service $26,664
Sales & Related $28,419
Office & Administrative Support $38,681
Farming, Fishing, & Forestry $29,693
Construction & Extraction $48,482
Installation, Maintenance, & Repair $49,948
Production $46,695
Transportation & Material Moving $34,775