Living Wage Calculation for Madison, WI

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 $12.39 $26.54 $31.55 $39.42 $19.90 $23.99 $26.55 $30.71 $9.50 $14.61 $17.11 $20.42
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 $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 $3,075 $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 $9,034 $13,271 $17,507 $0 $0 $0 $0 $0 $9,034 $13,271 $17,507
Medical $2,611 $6,933 $6,645 $6,765 $5,424 $6,645 $6,765 $6,666 $5,424 $6,645 $6,765 $6,666
Housing $8,859 $12,528 $12,528 $17,380 $10,497 $12,528 $12,528 $17,380 $8,859 $12,528 $12,528 $17,380
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 $21,764 $46,282 $54,948 $68,640 $34,804 $41,877 $46,291 $53,576 $33,165 $50,911 $59,562 $71,083
Annual taxes $4,001 $8,922 $10,675 $13,350 $6,597 $8,032 $8,924 $10,305 $6,368 $9,858 $11,608 $13,845
Required annual income before taxes $25,765 $55,204 $65,623 $81,990 $41,401 $49,908 $55,216 $63,881 $39,534 $60,769 $71,170 $84,928

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $105,369
Business & Financial Operations $63,998
Computer & Mathematical $79,865
Architecture & Engineering $74,071
Life, Physical, & Social Science $58,895
Community & Social Service $43,546
Legal $79,875
Education, Training, & Library $49,015
Arts, Design, Entertainment, Sports, & Media $49,533
Healthcare Practitioners & Technical $70,930
Healthcare Support $35,485
Protective Service $44,492
Food Preparation & Serving Related $23,369
Building & Grounds Cleaning & Maintenance $29,193
Personal Care & Service $26,530
Sales & Related $29,905
Office & Administrative Support $37,691
Farming, Fishing, & Forestry $29,956
Construction & Extraction $52,969
Installation, Maintenance, & Repair $47,277
Production $37,051
Transportation & Material Moving $36,665