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 $11.51 $24.00 $29.82 $38.10 $18.65 $22.96 $25.45 $29.21 $9.08 $13.32 $16.21 $19.74
Poverty Wage $6.00 $8.13 $10.25 $12.38 $8.13 $10.25 $12.38 $14.50 $4.06 $5.13 $6.19 $7.25
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 $3,010 $4,446 $6,682 $8,863 $5,518 $6,877 $8,872 $10,802 $5,518 $6,877 $8,872 $10,802
Child Care $0 $6,384 $12,111 $17,838 $0 $0 $0 $0 $0 $6,384 $12,111 $17,838
Medical $2,649 $7,370 $7,082 $7,202 $5,663 $7,082 $7,202 $7,103 $5,663 $7,082 $7,202 $7,103
Housing $7,404 $10,596 $10,596 $14,772 $8,304 $10,596 $10,596 $14,772 $7,404 $10,596 $10,596 $14,772
Transportation $4,322 $8,425 $10,689 $11,645 $8,425 $10,689 $11,645 $12,206 $8,425 $10,689 $11,645 $12,206
Other $2,812 $4,688 $4,867 $6,123 $4,688 $4,867 $6,123 $6,126 $4,688 $4,867 $6,123 $6,126
Required annual income after taxes $20,197 $41,909 $52,027 $66,442 $32,599 $40,111 $44,438 $51,010 $31,699 $46,495 $56,549 $68,848
Annual taxes $3,749 $8,007 $10,006 $12,797 $6,191 $7,652 $8,507 $9,749 $6,065 $8,913 $10,899 $13,272
Required annual income before taxes $23,946 $49,916 $62,033 $79,239 $38,790 $47,763 $52,944 $60,759 $37,764 $55,408 $67,447 $82,120

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $83,382
Business & Financial Operations $59,718
Computer & Mathematical $65,767
Architecture & Engineering $72,384
Life, Physical, & Social Science $55,165
Community & Social Service $40,080
Legal $74,397
Education, Training, & Library $52,603
Arts, Design, Entertainment, Sports, & Media $41,798
Healthcare Practitioners & Technical $60,857
Healthcare Support $30,078
Protective Service $30,749
Food Preparation & Serving Related $19,801
Building & Grounds Cleaning & Maintenance $25,920
Personal Care & Service $23,166
Sales & Related $24,772
Office & Administrative Support $31,501
Farming, Fishing, & Forestry $25,737
Construction & Extraction $44,898
Installation, Maintenance, & Repair $45,081
Production $42,601
Transportation & Material Moving $30,871