Living Wage Calculation for Lima, OH

The living wage shown is the hourly rate that an individual in a household must earn to support themsleves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

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 $18.84 $33.04 $41.48 $52.30 $26.35 $31.60 $36.03 $37.26 $13.15 $18.66 $23.40 $25.88
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
Minimum Wage $10.45 $10.45 $10.45 $10.45 $10.45 $10.45 $10.45 $10.45 $10.45 $10.45 $10.45 $10.45

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

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 $3,751 $5,530 $8,295 $11,025 $6,878 $8,561 $11,026 $13,444 $6,878 $8,561 $11,026 $13,444
Child Care $0 $10,293 $19,339 $25,577 $0 $0 $0 $0 $0 $10,293 $19,339 $25,577
Medical $3,173 $8,355 $8,215 $8,794 $6,580 $8,215 $8,794 $8,287 $6,580 $8,215 $8,794 $8,287
Housing $8,636 $11,423 $11,423 $14,197 $8,890 $11,423 $11,423 $14,197 $8,890 $11,423 $11,423 $14,197
Transportation $9,890 $11,446 $14,418 $16,590 $11,446 $14,418 $16,590 $16,571 $11,446 $14,418 $16,590 $16,571
Civic $2,889 $5,083 $6,398 $7,409 $5,083 $6,398 $7,409 $6,926 $5,083 $6,398 $7,409 $6,926
Internet & Mobile $1,504 $1,504 $1,504 $1,504 $2,074 $2,074 $2,074 $2,074 $2,074 $2,074 $2,074 $2,074
Other $4,086 $7,294 $7,756 $10,720 $7,294 $7,756 $10,720 $10,305 $7,294 $7,756 $10,720 $10,305
Required annual income after taxes $33,930 $60,928 $77,347 $95,816 $48,244 $58,844 $68,035 $71,803 $48,244 $69,138 $87,374 $97,380
Annual taxes $5,262 $7,790 $8,934 $12,965 $6,567 $6,890 $6,916 $5,702 $6,444 $8,506 $9,950 $10,287
Required annual income before taxes $39,192 $68,718 $86,280 $108,780 $54,811 $65,735 $74,952 $77,505 $54,688 $77,643 $97,324 $107,668

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $101,160
Business & Financial Operations $71,230
Computer & Mathematical $80,320
Architecture & Engineering $89,290
Life, Physical, & Social Science $68,590
Community & Social Service $50,530
Legal $82,020
Education, Training, & Library $59,610
Arts, Design, Entertainment, Sports, & Media $51,310
Healthcare Practitioners & Technical $82,160
Healthcare Support $33,450
Protective Service $52,970
Food Preparation & Serving Related $27,580
Building & Grounds Cleaning & Maintenance $31,310
Personal Care & Service $31,830
Sales & Related $40,180
Office & Administrative Support $41,100
Farming, Fishing, & Forestry $0
Construction & Extraction $56,310
Installation, Maintenance, & Repair $51,950
Production $46,950
Transportation & Material Moving $38,740