Living Wage Calculation for Lynchburg, VA

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 $11.35 $25.28 $29.90 $36.55 $18.43 $23.00 $25.48 $28.81 $9.02 $13.95 $16.24 $18.96
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 $8,566 $12,255 $15,943 $0 $0 $0 $0 $0 $8,566 $12,255 $15,943
Medical $2,764 $8,605 $8,317 $8,437 $5,967 $8,317 $8,437 $8,339 $5,967 $8,317 $8,437 $8,339
Housing $6,948 $9,480 $9,480 $12,852 $7,644 $9,480 $9,480 $12,852 $6,948 $9,480 $9,480 $12,852
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 $19,856 $44,210 $52,290 $63,862 $32,243 $40,230 $44,557 $50,325 $31,547 $48,796 $56,812 $66,268
Annual taxes $3,747 $8,372 $9,903 $12,170 $6,088 $7,618 $8,437 $9,605 $5,991 $9,241 $10,760 $12,626
Required annual income before taxes $23,603 $52,582 $62,193 $76,032 $38,331 $47,848 $52,994 $59,930 $37,538 $58,037 $67,571 $78,894

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $93,771
Business & Financial Operations $62,748
Computer & Mathematical $82,345
Architecture & Engineering $77,964
Life, Physical, & Social Science $59,962
Community & Social Service $41,351
Legal $58,173
Education, Training, & Library $45,640
Arts, Design, Entertainment, Sports, & Media $37,488
Healthcare Practitioners & Technical $57,879
Healthcare Support $26,642
Protective Service $38,088
Food Preparation & Serving Related $19,628
Building & Grounds Cleaning & Maintenance $24,182
Personal Care & Service $19,364
Sales & Related $23,542
Office & Administrative Support $30,617
Farming, Fishing, & Forestry $33,808
Construction & Extraction $35,374
Installation, Maintenance, & Repair $42,062
Production $34,743
Transportation & Material Moving $29,712