Living Wage Calculation for Myrtle Beach-Conway-North Myrtle Beach, SC

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 $12.52 $23.15 $26.52 $32.40 $19.08 $22.76 $25.36 $28.15 $9.50 $12.72 $14.61 $16.61
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 $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 $2,994 $4,413 $6,644 $8,812 $5,489 $6,832 $8,822 $10,741 $5,489 $6,832 $8,822 $10,741
Child Care $0 $4,621 $6,660 $8,699 $0 $0 $0 $0 $0 $4,621 $6,660 $8,699
Medical $2,342 $7,149 $6,805 $6,887 $5,243 $6,805 $6,887 $6,606 $5,243 $6,805 $6,887 $6,606
Housing $9,255 $10,951 $10,951 $14,388 $9,420 $10,951 $10,951 $14,388 $9,255 $10,951 $10,951 $14,388
Transportation $4,623 $8,424 $9,905 $11,459 $8,424 $9,905 $11,459 $11,329 $8,424 $9,905 $11,459 $11,329
Other $2,824 $4,697 $5,099 $5,935 $4,697 $5,099 $5,935 $5,808 $4,697 $5,099 $5,935 $5,808
Required annual income after taxes $22,038 $40,253 $46,064 $56,180 $33,272 $39,592 $44,054 $48,872 $33,108 $44,213 $50,714 $57,571
Annual taxes $4,003 $7,888 $9,106 $11,219 $6,419 $7,750 $8,685 $9,688 $6,396 $8,718 $10,080 $11,510
Required annual income before taxes $26,041 $48,142 $55,169 $67,399 $39,691 $47,341 $52,739 $58,560 $39,504 $52,931 $60,794 $69,082

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $72,041
Business & Financial Operations $55,756
Computer & Mathematical $56,713
Architecture & Engineering $64,953
Life, Physical, & Social Science $74,901
Community & Social Service $41,344
Legal $48,843
Education, Training, & Library $45,912
Arts, Design, Entertainment, Sports, & Media $31,438
Healthcare Practitioners & Technical $60,715
Healthcare Support $25,173
Protective Service $35,110
Food Preparation & Serving Related $20,153
Building & Grounds Cleaning & Maintenance $21,696
Personal Care & Service $19,937
Sales & Related $23,023
Office & Administrative Support $29,216
Farming, Fishing, & Forestry $28,701
Construction & Extraction $34,267
Installation, Maintenance, & Repair $35,943
Production $30,460
Transportation & Material Moving $28,598