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 $11.14 $23.21 $28.63 $36.86 $17.89 $21.88 $24.45 $27.56 $8.71 $12.75 $15.65 $18.83
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
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 $2,994 $4,413 $6,644 $8,812 $5,489 $6,832 $8,822 $10,741 $5,489 $6,832 $8,822 $10,741
Child Care $0 $6,280 $11,915 $17,549 $0 $0 $0 $0 $0 $6,280 $11,915 $17,549
Medical $2,269 $6,871 $6,527 $6,609 $4,986 $6,527 $6,609 $6,329 $4,986 $6,527 $6,609 $6,329
Housing $6,816 $9,840 $9,840 $13,908 $7,668 $9,840 $9,840 $13,908 $6,816 $9,840 $9,840 $13,908
Transportation $4,623 $8,424 $9,905 $11,459 $8,424 $9,905 $11,459 $11,329 $8,424 $9,905 $11,459 $11,329
Other $2,824 $4,697 $5,099 $5,935 $4,697 $5,099 $5,935 $5,808 $4,697 $5,099 $5,935 $5,808
Required annual income after taxes $19,526 $40,524 $49,930 $64,273 $31,263 $38,203 $42,666 $48,115 $30,411 $44,483 $54,581 $65,664
Annual taxes $3,639 $7,763 $9,621 $12,402 $5,951 $7,305 $8,186 $9,211 $5,832 $8,545 $10,540 $12,677
Required annual income before taxes $23,164 $48,287 $59,551 $76,674 $37,214 $45,508 $50,852 $57,325 $36,243 $53,028 $65,120 $78,340

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $85,116
Business & Financial Operations $60,941
Computer & Mathematical $66,332
Architecture & Engineering $70,488
Life, Physical, & Social Science $54,450
Community & Social Service $41,694
Legal $61,960
Education, Training, & Library $52,567
Arts, Design, Entertainment, Sports, & Media $42,681
Healthcare Practitioners & Technical $60,344
Healthcare Support $29,668
Protective Service $31,540
Food Preparation & Serving Related $19,648
Building & Grounds Cleaning & Maintenance $25,132
Personal Care & Service $23,753
Sales & Related $24,936
Office & Administrative Support $31,263
Farming, Fishing, & Forestry $25,543
Construction & Extraction $42,486
Installation, Maintenance, & Repair $44,482
Production $40,264
Transportation & Material Moving $30,450