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 $10.77 $22.09 $26.39 $32.69 $17.25 $20.42 $23.01 $25.31 $8.56 $12.20 $14.54 $16.75
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 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30 $8.30

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 $3,058 $4,508 $6,786 $9,001 $5,607 $6,979 $9,012 $10,972 $5,607 $6,979 $9,012 $10,972
Child Care $0 $7,037 $10,749 $14,461 $0 $0 $0 $0 $0 $7,037 $10,749 $14,461
Medical $2,332 $6,081 $5,737 $5,819 $5,182 $5,737 $5,819 $5,539 $5,182 $5,737 $5,819 $5,539
Housing $6,360 $8,340 $8,340 $10,992 $6,588 $8,340 $8,340 $10,992 $6,360 $8,340 $8,340 $10,992
Transportation $4,866 $8,867 $10,426 $12,063 $8,867 $10,426 $12,063 $11,925 $8,867 $10,426 $12,063 $11,925
Other $2,785 $4,633 $5,030 $5,855 $4,633 $5,030 $5,855 $5,729 $4,633 $5,030 $5,855 $5,729
Required annual income after taxes $19,402 $39,465 $47,069 $58,191 $30,876 $36,512 $41,088 $45,157 $30,648 $43,549 $51,837 $59,618
Annual taxes $3,008 $6,478 $7,819 $9,796 $4,994 $5,969 $6,764 $7,496 $4,962 $7,198 $8,661 $10,048
Required annual income before taxes $22,410 $45,943 $54,889 $67,987 $35,870 $42,481 $47,852 $52,653 $35,611 $50,748 $60,498 $69,666

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $80,538
Business & Financial Operations $60,221
Computer & Mathematical $58,513
Architecture & Engineering $83,809
Life, Physical, & Social Science $62,515
Community & Social Service $45,726
Legal $53,720
Education, Training, & Library $52,783
Arts, Design, Entertainment, Sports, & Media $28,259
Healthcare Practitioners & Technical $62,752
Healthcare Support $26,541
Protective Service $46,868
Food Preparation & Serving Related $19,895
Building & Grounds Cleaning & Maintenance $25,749
Personal Care & Service $20,626
Sales & Related $23,198
Office & Administrative Support $31,252
Farming, Fishing, & Forestry $0
Construction & Extraction $43,906
Installation, Maintenance, & Repair $42,476
Production $38,669
Transportation & Material Moving $29,802