Living Wage Calculation for Lima, OH

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 $10.63 $22.50 $27.14 $33.46 $17.38 $21.07 $23.57 $26.53 $8.54 $12.56 $14.87 $17.42
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 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55 $8.55

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 $3,075 $4,541 $6,826 $9,053 $5,637 $7,025 $9,063 $11,035 $5,637 $7,025 $9,063 $11,035
Child Care $0 $7,153 $10,926 $14,699 $0 $0 $0 $0 $0 $7,153 $10,926 $14,699
Medical $2,648 $6,998 $6,710 $6,830 $5,482 $6,710 $6,830 $6,731 $5,482 $6,710 $6,830 $6,731
Housing $6,192 $8,244 $8,244 $11,040 $6,744 $8,244 $8,244 $11,040 $6,192 $8,244 $8,244 $11,040
Transportation $4,289 $8,362 $10,608 $11,557 $8,362 $10,608 $11,557 $12,115 $8,362 $10,608 $11,557 $12,115
Other $2,929 $4,883 $5,070 $6,378 $4,883 $5,070 $6,378 $6,381 $4,883 $5,070 $6,378 $6,381
Required annual income after taxes $19,133 $40,182 $48,384 $59,557 $31,108 $37,657 $42,072 $47,302 $30,556 $44,810 $52,998 $62,001
Annual taxes $2,974 $6,618 $8,065 $10,048 $5,037 $6,177 $6,951 $7,885 $4,960 $7,435 $8,880 $10,479
Required annual income before taxes $22,108 $46,799 $56,449 $69,605 $36,145 $43,834 $49,023 $55,186 $35,516 $52,245 $61,877 $72,479

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $84,826
Business & Financial Operations $61,233
Computer & Mathematical $61,447
Architecture & Engineering $86,594
Life, Physical, & Social Science $59,129
Community & Social Service $42,794
Legal $40,883
Education, Training, & Library $53,640
Arts, Design, Entertainment, Sports, & Media $25,554
Healthcare Practitioners & Technical $63,134
Healthcare Support $27,598
Protective Service $45,122
Food Preparation & Serving Related $19,913
Building & Grounds Cleaning & Maintenance $24,457
Personal Care & Service $21,255
Sales & Related $23,786
Office & Administrative Support $32,578
Farming, Fishing, & Forestry $0
Construction & Extraction $49,218
Installation, Maintenance, & Repair $44,553
Production $41,422
Transportation & Material Moving $30,606