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 $11.03 $22.97 $26.85 $32.37 $17.91 $22.21 $24.66 $27.52 $8.94 $12.79 $14.72 $16.88
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 $5,932 $8,370 $10,808 $0 $0 $0 $0 $0 $5,932 $8,370 $10,808
Medical $2,599 $8,291 $8,003 $8,123 $6,163 $8,003 $8,123 $8,024 $6,163 $8,003 $8,123 $8,024
Housing $6,900 $8,892 $8,892 $11,508 $6,948 $8,892 $8,892 $11,508 $6,900 $8,892 $8,892 $11,508
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 $19,643 $40,674 $47,503 $57,069 $31,743 $39,328 $43,654 $48,667 $31,695 $45,260 $52,024 $59,475
Annual taxes $3,305 $7,112 $8,338 $10,258 $5,517 $6,871 $7,647 $8,582 $5,510 $7,935 $9,221 $10,738
Required annual income before taxes $22,948 $47,786 $55,841 $67,327 $37,260 $46,199 $51,302 $57,249 $37,205 $53,195 $61,245 $70,213

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $77,670
Business & Financial Operations $55,856
Computer & Mathematical $67,312
Architecture & Engineering $66,925
Life, Physical, & Social Science $57,320
Community & Social Service $38,972
Legal $47,246
Education, Training, & Library $49,472
Arts, Design, Entertainment, Sports, & Media $38,718
Healthcare Practitioners & Technical $53,376
Healthcare Support $22,596
Protective Service $29,925
Food Preparation & Serving Related $18,957
Building & Grounds Cleaning & Maintenance $20,086
Personal Care & Service $19,161
Sales & Related $23,816
Office & Administrative Support $30,098
Farming, Fishing, & Forestry $31,664
Construction & Extraction $36,512
Installation, Maintenance, & Repair $38,515
Production $36,258
Transportation & Material Moving $25,880