Living Wage Calculation for Monroe, LA

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 $13.05 $27.40 $33.35 $41.80 $21.72 $26.91 $30.56 $32.09 $10.85 $15.10 $18.57 $20.99
Poverty Wage $6.13 $8.29 $10.44 $12.60 $8.29 $10.44 $12.60 $14.75 $4.14 $5.22 $6.30 $7.38
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 $3,177 $4,670 $6,990 $9,294 $5,825 $7,238 $9,305 $11,345 $5,825 $7,238 $9,305 $11,345
Child Care $0 $5,488 $10,976 $16,462 $0 $0 $0 $0 $0 $5,488 $10,976 $16,462
Medical $3,042 $9,387 $9,074 $9,214 $6,993 $9,074 $9,214 $8,868 $6,993 $9,074 $9,214 $8,868
Housing $6,252 $8,119 $8,119 $10,395 $6,294 $8,119 $8,119 $10,395 $6,252 $8,119 $8,119 $10,395
Transportation $5,113 $9,378 $11,672 $13,896 $9,378 $11,672 $13,896 $12,611 $9,378 $11,672 $13,896 $12,611
Civic $1,811 $3,889 $3,554 $4,127 $3,889 $3,554 $4,127 $3,982 $3,889 $3,554 $4,127 $3,982
Other $2,875 $4,687 $5,144 $6,216 $4,687 $5,144 $6,216 $6,235 $4,687 $5,144 $6,216 $6,235
Required annual income after taxes $22,271 $45,617 $55,530 $69,605 $37,065 $44,802 $50,878 $53,435 $37,023 $50,290 $61,853 $69,897
Annual taxes $4,872 $11,369 $13,839 $17,347 $8,109 $11,166 $12,680 $13,317 $8,100 $12,533 $15,415 $17,420
Required annual income before taxes $27,143 $56,986 $69,369 $86,952 $45,174 $55,968 $63,558 $66,752 $45,123 $62,823 $77,268 $87,317

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $78,335
Business & Financial Operations $53,986
Computer & Mathematical $70,099
Architecture & Engineering $69,864
Life, Physical, & Social Science $57,025
Community & Social Service $43,122
Legal $45,700
Education, Training, & Library $43,132
Arts, Design, Entertainment, Sports, & Media $41,955
Healthcare Practitioners & Technical $55,961
Healthcare Support $20,052
Protective Service $0
Food Preparation & Serving Related $19,407
Building & Grounds Cleaning & Maintenance $20,185
Personal Care & Service $20,666
Sales & Related $0
Office & Administrative Support $31,858
Farming, Fishing, & Forestry $31,653
Construction & Extraction $38,385
Installation, Maintenance, & Repair $41,587
Production $38,794
Transportation & Material Moving $27,008